High Signal Podcasts Evidence ledger
Method
Browse
How the evidence works
← All source episodes

Acquired / episode intelligence

Nvidia Part II: The Machine Learning Company (2006-2022)

20 Apr 2022 49 published claims 2 attributable people
Open original episode ↗ Read the evidence

Speakers in the public record

Ben GilbertDavid Rosenthal

Claim mix

belief 29evaluation 7commitment 6prediction 3uncertainty 2observation 1preference 1

Evidence policy

Every row below preserves an exact excerpt. Identified speakers are linked; unresolved voices are labeled and excluded from people counts.

Claim ledger

The useful parts, with receipts.

49 published records

07 / belief

We'll get to what happened in 2017 and 2018 with crypto and a little bit, but there was a massive stock run up to like $65 a share in 2018. Even as late as I think the very beginning of 2019, you could have gotten it.

“We'll get to what happened in 2017 and 2018 with crypto and a little bit, but there was a massive stock run up to like $65 a share in 2018. Even as late as I think the very beginning of 2019, you could have gotten it.”
Speaker
Ben Gilbert
Publisher
Acquired

11 / belief

The other part of it is certainly a business model realization where he has spent the last (at this point) 13, 14 years being commoditized in all these different ways. I think he sees a path here to durable differentiation where he's like, whoa.

“The other part of it is certainly a business model realization where he has spent the last (at this point) 13, 14 years being commoditized in all these different ways. I think he sees a path here to durable differentiation where he's like, whoa.”
Speaker
Ben Gilbert
Publisher
Acquired

12 / belief

Scale economies, to me, is the biggest one that pops out to the extent that you have lock-in to developing on CUDA, which I think a lot of people really have lock-in on CUDA, then that's major switching costs.

“Scale economies, to me, is the biggest one that pops out to the extent that you have lock-in to developing on CUDA, which I think a lot of people really have lock-in on CUDA, then that's major switching costs.”
Speaker
David Rosenthal
Publisher
Acquired

13 / belief

I think you just have to bet that because they have the developer's attention because they now have the relationships to sell into the enterprise, they're just going to continue to be able to do their own innovation, but also fast follow when it makes sense to redefine GPU as something a little bit heftier and incorporate other pieces of hardware to do other workloads into it.

“I think you just have to bet that because they have the developer's attention because they now have the relationships to sell into the enterprise, they're just going to continue to be able to do their own innovation, but also fast follow when it makes sense to redefine GPU as something a little bit heftier and incorporate other pieces of hardware to do other workloads into it.”
Speaker
Ben Gilbert
Publisher
Acquired

17 / belief

Before any of the autopilot autonomous driving stuff, they were the processor powering just the touchscreen infotainment in the Model S. I think that actually started to help NVIDIA get into the automotive market.

“Before any of the autopilot autonomous driving stuff, they were the processor powering just the touchscreen infotainment in the Model S. I think that actually started to help NVIDIA get into the automotive market.”
Speaker
David Rosenthal
Publisher
Acquired

20 / belief

I think rather than saying, oh, the upstart competition will fail, I think you kind of have to say that NVIDIA will find a way to learn from them and then integrate it into their strategy too.

“I think rather than saying, oh, the upstart competition will fail, I think you kind of have to say that NVIDIA will find a way to learn from them and then integrate it into their strategy too.”
Speaker
Ben Gilbert
Publisher
Acquired

23 / belief

Part of that was brilliant strategy, part of that was things going their way. But I think a large part of it too was just the company in Jensen, particularly in these most recent chapters where they're already a public company, just being like, yeah, I'm willing to just sit here and endure this pain.

“Part of that was brilliant strategy, part of that was things going their way. But I think a large part of it too was just the company in Jensen, particularly in these most recent chapters where they're already a public company, just being like, yeah, I'm willing to just sit here and endure this pain.”
Speaker
David Rosenthal
Publisher
Acquired

28 / commitment

NVIDIA will bring accelerated computing to everyone, and we will make all the best hardware, software, and services solutions to make it so that any computing workload runs in the most efficient way possible through accelerated computing.

“NVIDIA will bring accelerated computing to everyone, and we will make all the best hardware, software, and services solutions to make it so that any computing workload runs in the most efficient way possible through accelerated computing.”
Speaker
Ben Gilbert
Publisher
Acquired

30 / belief

Indeed, this year, NVIDIA announced they are making an Arm-based data center CPU called Grace to go with the new Hopper architecture for their latest GPU. There's Grace and Hopper, of course, the Rear Admiral Grace Hopper, I think.

“Indeed, this year, NVIDIA announced they are making an Arm-based data center CPU called Grace to go with the new Hopper architecture for their latest GPU. There's Grace and Hopper, of course, the Rear Admiral Grace Hopper, I think.”
Speaker
David Rosenthal
Publisher
Acquired

31 / belief

My view of this is if their stock price wasn't what it was, there's no way that they would try to be making this claim that they're going after a trillion-dollar market.

“My view of this is if their stock price wasn't what it was, there's no way that they would try to be making this claim that they're going after a trillion-dollar market.”
Speaker
Ben Gilbert
Publisher
Acquired

34 / commitment

The way that they actually articulated is, we are going to serve customers that represent a $100 trillion opportunity and we will be able to capture about 1% of that.

“The way that they actually articulated is, we are going to serve customers that represent a $100 trillion opportunity and we will be able to capture about 1% of that.”
Speaker
Ben Gilbert
Publisher
Acquired

35 / belief

I think at this point, everybody knows that this is pretty important, but it's not that much of a leap to say, if you can train a computer to recognize images on its own, you can then train a computer to see on its own, to drive a car on its own, to play chess, to play go, to make your photos look really awesome when you take them on the latest iPhone, even if you don't have everything right.

“I think at this point, everybody knows that this is pretty important, but it's not that much of a leap to say, if you can train a computer to recognize images on its own, you can then train a computer to see on its own, to drive a car on its own, to play chess, to play go, to make your photos look really awesome when you take them on the latest iPhone, even if you don't have everything right.”
Speaker
David Rosenthal
Publisher
Acquired

40 / prediction

I believe in the future of that in a big way because I think, now that we have the compute, the ability to gather the data, and the ability to actually run these simulations in a way that has an efficient way of running it and a good user interface to understand the data, people are going to stop testing in production with real world assets.

“I believe in the future of that in a big way because I think, now that we have the compute, the ability to gather the data, and the ability to actually run these simulations in a way that has an efficient way of running it and a good user interface to understand the data, people are going to stop testing in production with real world assets.”
Speaker
Ben Gilbert
Publisher
Acquired

41 / prediction

I think we will see if the shift to autonomous vehicles is (a) Real, (b) Near term, and (c) Enough of a dislocation in that market to make it so that someone like NVIDIA, a component supplier actually can get to own a bunch of that value chain versus the auto manufacturer kind of forever stubbornly getting to keep all of it and control the experience.

“I think we will see if the shift to autonomous vehicles is (a) Real, (b) Near term, and (c) Enough of a dislocation in that market to make it so that someone like NVIDIA, a component supplier actually can get to own a bunch of that value chain versus the auto manufacturer kind of forever stubbornly getting to keep all of it and control the experience.”
Speaker
Ben Gilbert
Publisher
Acquired

42 / preference

I'm biased because I tried to think about this in investing, particularly in public markets investing, but man, you really, really want to invest in whoever is selling the picks and the shovels in a gold rush.

“I'm biased because I tried to think about this in investing, particularly in public markets investing, but man, you really, really want to invest in whoever is selling the picks and the shovels in a gold rush.”
Speaker
David Rosenthal
Publisher
Acquired

46 / evaluation

The way to think about what Mellanox enables them to do is now they're able to have super high bandwidth, super low latency connectivity in the data center between their hardware.

“The way to think about what Mellanox enables them to do is now they're able to have super high bandwidth, super low latency connectivity in the data center between their hardware.”
Speaker
Ben Gilbert
Publisher
Acquired

47 / evaluation

Once I started downgrading my phone from the massive, awesome iPhone with the 3X zoom and I now have the iPhone 13 mini, I think that's what it is with the two cameras and no Zoom lens, it's really disappointing.

“Once I started downgrading my phone from the massive, awesome iPhone with the 3X zoom and I now have the iPhone 13 mini, I think that's what it is with the two cameras and no Zoom lens, it's really disappointing.”
Speaker
Ben Gilbert
Publisher
Acquired

48 / evaluation

It's interesting, the objectors to that acquisition—and it's a good objection. This is ultimately, I think, why they abandoned it because they got the regulatory pressure on this.

“It's interesting, the objectors to that acquisition—and it's a good objection. This is ultimately, I think, why they abandoned it because they got the regulatory pressure on this.”
Speaker
Ben Gilbert
Publisher
Acquired
Search evidence