Seth Fiegeman

And to do some the property level of debt financing, I think can make sense.

In addition, I think that the infrastructure, you know, there's a lot of debate of like the useful life of this.

I know that NVIDIA comes out with a new generation every year, but

I think that these are longer lived assets than people appreciate potentially.

And they're not just like three years obsolescence, but probably more like five or six.

And so, you know, in terms of the appetite to lend against it, I think that in three or four years, it's going to be more commonly accepted.

And I think we're probably on the path there because these are really like, I think, you know, revenue generating assets.

And there's a lot of productivity coming off of them.

Absolutely.

These are very elevated multiples, and so they need to keep delivering the growth here.

Palantir is definitely, I think, at the tip of the spear in terms of implementing AI.

They started doing that in the government, and now their commercial business is growing rapidly.

I think the government shut down.

I think that's probably a temporary thing.

They could get a pass for that just because the government's not going to be shut down forever, and

um you know you look forward and i think what really matters is that they're driving significant roi for their customers and they're able to do it um in a way that connects their data and i think that's like the the change in it services is i think that um you need to come with a solution and the engineers to help your customers um instead of implementing like a sas based off-the-shelf solution so i think that's what's exciting and uh yeah we'll see uh later on today

That's right.

So Wang was one of the key managers as Xiaomi, the company best known for its smartphones, decided that they were going to push into electric vehicles.

The founder, Lei Jun, said this was going to be one of his last strategic plays for the company.

He had really earned a fantastic reputation for himself in the smartphone arena, but he wanted to succeed in EVs too.