A whole ecosystem has popped up of cloud companies who buy compute from Nvidia, and then rent it out to frontier labs. I asked Jensen Huang, why not just cut out the middleman? His answer had to do with his vision for what Nvidia will be: the "foundation of the industry" in AI, the one company that everyone else has to rely on. This vision leads to a philosophy of doing "as much as necessary, as little as possible". Jensen wants to focus on the things that are necessary for the industry, and…