← Home
Acquired · September 6, 2023 · 240m
NVIDIA Part III: The Dawn of the AI Era
The final installment of the NVIDIA trilogy covers 2022-2023: how Jensen Huang's decades-long bet on GPU computing finally paid off when ChatGPT created overnight demand for every GPU NVIDIA could produce.
Canon
•
Huang's CUDA investment required the courage to resist shareholder pressure, analyst criticism, and the temptation to reallocate capital to profitable gaming products for over a decade.
Highlights
•
Jensen Huang's 30-year bet on parallel computing is one of the greatest strategic patience plays in business history
Huang invested in CUDA, a software platform for GPU computing, for 15 years before it became profitable. Most CEOs would have been fired for this level of patience. The AI boom validated the bet.