Greatness does not come out of intelligence, it comes from character. Character is not formed out of smart people: it is formed out of people who hav… - Jensen Huang

We already work very deeply with end users and developers who do these things. We do that today and our engagement with the world’s leading important verticals that we focus on, whether it’s healthcare, automotive, of course all the AI startups, we work with some 10,000 AI startups. So industry after industry, if there are industries where we could add a lot of value, the video game industry, we have direct coverage on just about every developer. The automotive industry, we have direct coverage on just about every single car company. The healthcare industry, we’re working with just about every drug discovery company and so we already do that today. It’s just that the fulfillment of the system ultimately comes from somebody else. If you want your stack accelerated, you work with Nvidia.

Ultimately every company needs to have diversity and resilience, that resilience comes from diversity and redundancy and in order to a achieve diversity and redundancy so that every company can have greater resilience implies building fabs in the United States and elsewhere, and those fabs are incrementally more expensive. In the grand scheme of things, those have to be taken into consideration. And so, there’s a price to be paid for diversity and redundancy and we invest ourselves in our company and every large company in order to have resilience. There’s power redundancy, there’s storage redundancy, there’s security redundancy, there’s all kinds of redundancy systems. Even organizations — sales and marketing are dovetailing each other so that they can have some diversity and some redundancy so that you have greater resilience, engineering does the same thing.

If you were building a chip company and you were taping out a chip, the tapeout of a chip is around $100 million, just the tapeout. Not to mention the tools, which are probably another $100 million, and not to mention all the engineers, all the systems you’re bringing up, things like that. In order to build one of our chips, it’s a few billion dollars. And we’re just one chip company. There’s a whole bunch of chip companies. When they tape out a chip it’s no less than $25 million. Writing, developing a large language model–taping out a chip these days, what the software industry is learning is that building these large language models is kind of like taping out a chip.