Mandeep Singh

Maybe, Jay, I want to go to a different topic around sovereigns, because we've been hearing more and more that every sovereign wants to build their own AI.

How does that impact a company like yours that operates globally, given sovereigns are more keen to deploy this on-prem?

Does that impact a cloud security company like yours?

Yeah.

And look, I mean, Amazon today announced this $50 billion investment in open AI.

Google, we know they've closed their acquisition of Wiz.

So how do you see, you know, the hyperscalers playing in this space where they obviously are deploying the models on their cloud?

They are bundling security.

Is that going to have some sort of an impact in terms of the AI security aspect that you alluded to?

How are these enterprises measuring the efficacy of your product versus whatever is coming bundled with the hyperscale solutions?

What is it that is really making them go with Zscaler in terms of the efficacy aspect specifically?

I mean, it's huge when you think about, you know,

OpenAI really starting off with Microsoft and now branching into this big partnership with Amazon.

I think it's really huge in that context.

Also, NVIDIA and OpenAI had plans to partner in terms of almost 100 billion.

Now that has come down to 30 billion and Amazon is the one who is really stepping up and there is some mention about

OpenAI using Trinium chips.

All in all, you see a big ecosystem shift here from the OpenAI original stack, which was Microsoft and NVIDIA, to now really leaning towards Amazon and using Amazon's chips to develop custom models.

They said...

50% of their revenue, data center revenue, comes from hyperscalers.