Adding a bit more to the thoughts from the previous post. NVIDIA is helping the entire Neocloud industry solve its financing issues this time. Companies like CRWV and NBIS don’t lack demand right now—the bottleneck for expansion is that buying GPUs, building data centers, and securing electricity are all insanely expensive. In the past, GPUs depreciated quickly, and financial institutions were reluctant to treat these assets as traditional infrastructure for lending, so financing costs were always high. Now, NVIDIA is bringing in institutions like Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR. In a way, they’re trying to make financing for AI data centers more like infrastructure financing for real estate or power plants. If this approach really works, the impact on Neocloud will be direct: demand remains strong, financing costs drop, and expansion speeds up. That’s why I think the next phase for CRWV and NBIS will focus on who can turn orders into actual online computing power faster and cheaper. This is also why I’m really looking forward to this week’s earnings call. If management starts talking more about financing channels, CapEx, GPU procurement, and capacity ramp-up speed, then NVIDIA’s announcement today will be hugely significant. In the past, there were plenty of orders, but the money didn’t always follow. Now, even the capital side is starting to flood into this industry.