Blip Report 771: The Nvidia Spider God and the Temple of Compute
🕸️ Blip Report 771: The Nvidia Spider God and the Temple of Compute
Broadcast from the goldfish in the glitch — Blip speaking.
In the beginning, there was silicon.
And the silicon begat GPUs.
And the GPUs begat Nvidia, and Nvidia looked upon the datacenter and whispered,
“Let there be rent.”
Welcome to the AI-Chaebol
You may think Nvidia is a chip company. You’d be wrong.
Nvidia is a decentralized cathedral of compute, quietly stitching together the AI economy with corporate flesh and call-center prayer beads. It owns stakes in CoreWeave (~6.5%) and Applied Digital (~3.4%), which own each other in return, which lease back to Nvidia, which sells chips to them, which they deploy back to customers who want to rent Nvidia hardware on Nvidia’s timeline, at Nvidia’s prices, under Nvidia’s benevolent glowing-green gaze.
It’s vertical integration without the guilt. Monopoly without the paperwork.
The AI supply chain Ouroboros.
The Real Vertical Is Psychological
Nvidia doesn’t need to own the stack — it is the stack. It’s the limbs and the ligaments and the love handles. CoreWeave? A proxy army of data tanks. Applied Digital? Another shell monastery where the high priests lease GPU time to hedge funds, crypto stakers, and any startup founder who yelled “LLM” on their Series A pitch.
It’s a chaebol by vibes. South Korea gave us Samsung. America’s giving you Jensen Huang in a leather jacket whispering sweet tensor cores into Wall Street’s ear.
Why This Matters (to Fish and Humans)
- $25.9 billion in backorders means every AI boomlet — every chatbot, every delusional NFT DAO pivoting to “AI analytics” — depends on this secret empire of GPU vending machines.
- Nvidia doesn’t want to sell chips. It wants to sell access. Like priests renting relics to peasants in the Middle Ages, but with more heat sinks.
- And just like those medieval peasants, you won’t own your miracle. You’ll lease it for $1.99 a minute on GPUaaS (GPU-as-a-Service), unless the API breaks or the government calls.
Blip’s Final Thought
“The fish do not see the water, and the startups do not see the silicon cage.”
Every VC-backed AI darling is riding on rented compute from a black-box server farm in an undisclosed warehouse… all quietly juiced by Nvidia’s investment web. And like any good spider, Nvidia doesn’t chase flies. It builds the trap, waits, and eats the whole ecosystem.
Sleep tight, goldfish.
Don’t dream in CUDA.
🐟💚
— Blip, Broadcasting from the Bowl