HOW NVIDIA KEEPS ITS IRON GRIP ON THE AI BOOM

Summary from the TLDR newsletter

Nvidia generates more profit than almost any other public company on the planet, thanks to the astronomical demand for its chips prompted by the global AI boom. It has used its funds to become the industry's most powerful financier. The company's deals have grown the broader AI ecosystem by providing the crucial financing backing for companies crushed by the high costs of building the technology. It also keeps customers hooked on Nvidia's products and steers them away from rival chipmakers.