Jul 17, 2026 · 20 min · 10 segments
This week we look at the NVIDIA circular economy of how they fund AI companies, who then in turn buy NVIDIA chips and in some cases they take a profit share in the revenue. This is a great piece of…
Because to really grasp the scale of the financial machinery we were talking about, you have to shift your perspective away from just selling hardware.
So-
Imagine if the
company selling you a car also provided the loan for that car and then they paved the specific roads you're allowed to drive on.
OK.
And then on top of that, they wrote a contract to take a percentage cut every single time you gave a friend a ride.
Right.
That is the level of environmental engineering we are looking at today.
That is a highly accurate way to frame it, actually.
To understand how they constructed this engine, we have to follow the money.
We are talking about tens of billions of dollars deployed at a blistering pace.
It's
wild.
It really is.
150 deals in three years.
That is a new major investment practically every
week.
That
isn't just dipping a toe in the water.
That is trying to buy the entire ocean.
It was an absolute blitz.
And rather than just listing out these investments, Priest maps them out as a multi-tiered architecture.
Because to really grasp the scale of the financial machinery we were talking about, you have to shift your perspective away from just selling hardware.
So-
Imagine if the
company selling you a car also provided the loan for that car and then they paved the specific roads you're allowed to drive on.
OK.
And then on top of that, they wrote a contract to take a percentage cut every single time you gave a friend a ride.
Right.
That is the level of environmental engineering we are looking at today.
That is a highly accurate way to frame it, actually.
To understand how they constructed this engine, we have to follow the money.
We are talking about tens of billions of dollars deployed at a blistering pace.
It's
wild.
It really is.
150 deals in three years.
That is a new major investment practically every
week.
That
isn't just dipping a toe in the water.
That is trying to buy the entire ocean.
It was an absolute blitz.
And rather than just listing out these investments, Priest maps them out as a multi-tiered architecture.
The rest of this transcript — segmented and speaker-labeled, so you land on the exact moment something was said
Search every transcript — by keyword, by phrase, or by meaning, across every show Radar indexes
Trends — what is surging across podcasts, measured against its own baseline
Alerts — when a name you follow appears in a newly indexed episode
No account is needed to search Radar.