Chamath Palihapitiya

Look, I think that there are two things.

Look, I think that there are two things.

Let's do the strategic lens and then the tactical lens.

Let's do the strategic lens and then the tactical lens.

The strategic lens is that this is an incredibly vibrant and dynamic market.

The strategic lens is that this is an incredibly vibrant and dynamic market.

And I think it's too difficult and too early to pick winners other than at the silicon layer, where largely that dye has been cast.

And I think it's too difficult and too early to pick winners other than at the silicon layer, where largely that dye has been cast.

I think that it's going to grow so we can talk about how there'll be more competition, but it's roughly NVIDIA plus AMD plus Google plus a bunch of inference silicon.

I think that it's going to grow so we can talk about how there'll be more competition, but it's roughly NVIDIA plus AMD plus Google plus a bunch of inference silicon.

So that's sort of that market.

So that's sort of that market.

But above it at the model market, it reminds me, frankly, a lot of when we were building Facebook.

But above it at the model market, it reminds me, frankly, a lot of when we were building Facebook.

I remember sitting around our senior executive team, six of us looking at MySpace, who was an order of magnitude bigger than us.

I remember sitting around our senior executive team, six of us looking at MySpace, who was an order of magnitude bigger than us.

And at some point we were like, you know what?

And at some point we were like, you know what?

Our product is just fundamentally better than theirs.

Our product is just fundamentally better than theirs.