Part 9/13:
- Non-hyperscalers, such as startups and specialized companies, often rely on venture capital, debt, and strategic partnerships—notably Nvidia’s deals with OpenAI and CoreWeave, which include $100 billion asset infusions and GPU demand floors.
Nvidia’s primary motivation, says Winton, is to maintain its ecosystem dominance. By investing in or supporting companies that leverage Nvidia hardware, Nvidia safeguards its position against competitors like Google (which develops TPUs) and Amazon (with Tranium chips). Nvidia’s investments are thus strategic, fostering a battle of ecosystems that will shape the future of AI infrastructure.
The War Among Ecosystems
A massive ecosystem war is unfolding: