Dylan Patel

What's going on with your...

Yeah, it's a good question.

All of it.

You just get the IP for all of that?

Absolutely.

So the only IP you don't have is a consumer hardware?

That's it.

Oh wow, okay.

Yeah.

It seems like there's a way for them to make, you know, build the product together and it's a stateful thing.

So, for example, Salesforce wants to integrate OpenAI.

It's not through an API.

They actually work together, train a model together, deploy it on, let's say, Amazon now.

Is that allowed or do they have to use it?

two years your sort of capex is like tripled and maybe you extrapolate that forward it just actually just becomes this huge industrial uh explosion other hyperscalers are taking loans right meta's meta's done a 20 billion dollar loan at louisiana they've taken they've done a corporate loan it seems clear everyone's free cash flow is going to zero um which is which i'm sure amy is like gonna beat you up for even if you even try to do that but like uh what what's happening

As we look across the world, America has dominated many tech stacks.

The US owns Windows through Microsoft, which is deployed even in China.

That's the main operating system.

Of course, there's Linux, which is open source, but Windows is deployed everywhere in China on personal computers.

You look at Word, it's deployed everywhere.