Bloomberg Audio Studios, podcasts, radio news. Part of our effort here with single best idea is to start strong the day before and lining up the ducks across three hours booking. The quality of talent that we have is a full time job. We've got three people on our staff working on booking. We've had the advantage this summer of three interns helping out. That pairs down to one intern as we go into the school season. But they're on the phones.
It looks like a callon for public television. They're on the phone building out the show. Today was a perfect example with the excellence of Nvidia. Ed Ludlow with his fabulous one hour special last night on Nvidia where there were problems on the conference call and the stock moved off the conference call, so Ludlow had a ReConference call that went worldwide on in video. That's the quality of
Bloomberg technology. Our people led by Giuseppe. Our people started with Dana Ives and then we had Gilria and we had Gene Munster on this madness about in Vidia IVES is a bull. Let's listen from Webbush.
So Essenterally Blackwell is almost the architecture, the foundation of a house. Microsoft is the actual house. The actual rooms will be different. Software players, service now you know called salesforce and others. What protects the house, cybersecurity names like pow out though and others. Look, I continue to think in Vidia today, it's Lebron in high school. That's essentially where they are. Lebron in high school. In Vidia, that's where they are.
Dana Eves there, I knew who Lebron was. It was like early morning joke. It wasn't funny in the nine am hour. But for Danims in the seven Giluria is frankly is optimistic on what Nvidia is doing. He has trouble with evaluation, particularly out three years. Giluria of Da.
Davidson, the short hitster is yes. But boy, what an impressive trick. Let's not forget without Nvidia, we wouldn't have all the exciting generative AI conversations that we're having now. Mister Wong and in Nvidia are responsible for the AI revolution as much as mister Musk and Tesla responsible for the EV revolution. In the annals of history, that's how they will be remembered. It is a very impressive trick. Having said that, having ninety nine percent of your sales
come from non recurring hardware sales. It does not justify the types of valuation in videos caring right now.
Gloria with a neutral, very rare neutral. There's like sixty something buys and I think it's eight neutrals right now. But good to get his voice in their Dan Ives and Gil Lauria finally out of Piper Jeff for years ago with Gene Munster joins us year we went bigger and broader. We'd already covered all the details with Ives and Laurie and we knew we were going to talk about the call with Ed Ludlow, so we went bigger, broader. Here's Gene Munster out years.
How I think about it is just what's the long term. You got to think the long term play, and there's the near term, and that's what's the vortex that's going around in Vidia today. And I generally react to a view of where the world is going. In the case of with Nvidia, it's a belief, a strong belief I'm staking my career that AI is going to be a bigger having a bigger impact than the Internet. And the reason why I still am comfortable and think of this
in that same class as Apple and Microsoft. Is that ultimately is if you believe that AI is going to be as transformative, more transformative than the Internet. And there's a second belief you have to have is that the way to get there is through scaling laws, which basically say you have to throw more compute in data at the problem to solve for intelligence, then in video is going to be a winner. I do want to add an additional angle to the context of just buying hold forever,
is that deep Water we own in video. I think the next two years are going to be far better than what people are expecting today. But at some point, when you're a hardware only company, there is a point of deceleration that needs to be taken into consideration. And I think that two years, three years from now this may be a position that will trim, but we think today is the time to own it.
Part of my fossil Dumb is forgetting the three employees ago where they worked Gene Monster with deep Water, not with Loop where he was a number of years ago. And of course that's just I'm so happy with the idea of Dana's Gilia and gene Munster together. We're out on YouTube It has been a record August for us on this this new technology. Subscribe to Bloomberg Podcasts at YouTube. Thank you so much, particularly the international audience we didn't expect.
Boy is it There also out on Android Auto, on Apple car Play. I know Apple car Play in twenty countries as well. It's not just a domestic thing, sort of breaking onto the weekend. I'll be here tomorrow, John Tucker, We'll be here tomorrow. You know, some of the team will be here. We're forcing the interns to come in on Apple Podcasts. It's single best idea