Chamath Palihapitiya

How are you doing, sir?

Thank you for having me.

And so you're here.

at NVIDIA's big conference, big announcement.

You're going to be working with NVIDIA to build models, to open source them.

What is the big announcement here?

And Mistral, obviously, based in France, you're the leading AI company there.

What's it like running the company and building a large language model in Europe?

Obviously, there's regulations and all kinds of considerations.

Privacy, the French are known for protecting privacy.

In the United States, we're known for taking it away.

How is the landscape there and what do you have to deal with there that maybe you wouldn't have to deal with in America?

What's the pros and the cons?

And so your belief is specialized verticalized models, healthcare, finance, engineering, different verticals will win the day or a global model will win the day that does everything?

This training data, using experts to come in and refine a model, most people don't know this business that well, but this has become a very large part of the industry.

Obviously, Scale AI was doing it.

They went to Facebook, lost a lot of the customer base who didn't want to send their data, I guess, over to Meta.

We're investors in a company called Micro One that's doing pretty well in this space.

There's other folks doing it.

Explain to the audience...