Dave Blundin Venture investor and serial entrepreneur, managing partner at Link Ventures and chairman of Cogo Labs in Cambridge, Massachusetts.

“I personally could not get an NVL72 no matter how much I was willing to pay. I finally had to sign a $15 million, three-year lease, it's the only way to get it. And it doesn't even come online until the beginning of February.”

Moonshots with Peter Diamandis · Tech Strategy & Big Tech · November 2026

Context

Asked how long AI chips stay valuable on 30-year data-center commitments, Blundin answers with his own experience of how tight GPU supply is. He says use cases for the chips keep piling up, so he expects their value to hold.

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Transcript

Moonshots with Peter Diamandis Around 35:39 into the episode

Alexander Wissner-Gross

…I'll Venmo you so Orn is in the business, among other things, of projecting out and managing underlying financial instruments for futures markets, trading on the future discounted value of GPUs, among other assets. So, my go-to answer is: just ask Orn. They have a bunch of tickets. So, we're seeing

Peter Diamandis

H-100 prices increasing, which is insane, on chips that are how old? Three years old now. But how long do we expect these chips to still be in use? Well,

Dave Blundin

that's what's amazing. Like, the use cases are going to pile up like crazy. So, one prediction is they'd keep going up in value for quite a while. But then at the same time, Alex keeps pointing out we're discovering new physics. And new physics means new ways to compute. That could be incredibly disruptive to the whole foundation. It's very, very hard to predict which will win out that race, you know, new ways to compute photonic being at the very head of the curve. Or, no, you know, the use cases are so valuable. And the efficiency of those chips is skyrocketing with algorithmic self-improvement. And so, like, I personally could not get an NVL72 no matter how much I was willing to pay. I finally had to sign a $15 million lease, three-year lease is the only way to get it. And it doesn't even come online until the beginning of February. It's like horrifically short, short chain or short supplied. And so, that's the best you can do. But I desperately want it because I know what we can turn it into.

Peter Diamandis

Salim Ismail curious. When you're on stage or you're talking to entrepreneurs, my realization is unless you've got AI in your story or longevity in your story, that competing for venture investing is almost impossible these days.

Salim Ismail

Yeah, you have to be. It's table stakes at this point, right? Even 10 years ago, Kevin Kelly, founder of Wired Magazine, said the next 10,000 business plans will take a domain and add AI to it. And we're seeing that play out now. I think to answer the chip question, it's pretty clear there's a…

Peter Diamandis

10 Apollo programs. That's insane.

Speaker names come from our own diarization. The position is estimated from where the line sits in the episode.

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