Pete Huang

At the same time, there has been a bunch of activity in the chip space that might make it less likely Nvidia gets in trouble.

For example, every big tech company who's been buying a ton from Nvidia is also making their own chips in an effort to diversify away.

Plus, Nvidia's main competitor in AMD is also ramping up their own chips.

For Microsoft and OpenAI, it likely has something to do with the nature of their partnership.

Microsoft owns 49% of OpenAI after investing north of $10 billion in them.

If the FTC finds that Microsoft has a lot of influence over OpenAI, then it's kind of a similar vibe to the inflection situation.

Have you essentially acquired a startup even though you don't technically own them outright?

Again, it's much too early to tell what's going on here.

The way it's phrased certainly makes it more of like a regular checkup type situation rather than urgent medical emergency.

But it's not a surprise that this is happening.

AI is just the latest frontier for big tech to exert dominance.

The amount of capital, talent, and computing resources that you need to even get close to competitive

Now, even the startups who are making AI models are raising hundreds of millions of dollars out of the gate just to get going.

And by the way, that's just them building a product, not the business that makes money from the product.

And given the track record of the FTC under Lina Khan and their counterparts at the DOJ so far, it's completely predictable that they're keeping a close eye on how AI plays out.

who wins, who has control, and whether or not consumers need protection as a result, especially given how powerful AI is projected to become.

This is Pete wrapping up The Neuron for June 8th.

I'll see you next week.

Welcome to the Neuron.

I'm Pete Huang.