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Opportunity for startups at the innovation margins

The relative case argued that while incumbents like NVIDIA dominate the core market, massive scale creates opportunities for startups to innovate at the margins on metrics like tokens per watt or per dollar.

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The Callback

Amazon's in-house chips as a cost differentiator

23 weeks between these two statements.

Then

The discussion presented a relative case: while custom silicon from cloud giants (Google, Amazon, Meta) is emerging, NVIDIA has a massive ecosystem headstart, making it the safer near-term bet for scaling AI compute.

ALL-IN WITH CHAMATH, JASON, SACKS & FRIEDBERG · 23 MAR 2026 · 28:00Open in Zortix →
Now

The relative case argued that while incumbents like NVIDIA dominate the core market, massive scale creates opportunities for startups to innovate at the margins on metrics like tokens per watt or per dollar.

A16Z PODCAST · 28 AUG 2026 · 2W AGO · 49:13
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