NVIDIA CEO Jensen Huang publicly acknowledged Elon Musk’s ability to execute high-risk projects, viewing xAI as a new generation AI company alongside OpenAI and Anthropic, reflecting his preference for founder-driven enterprises. In resource mobilization, NVIDIA locks in future computing power demand and ecosystem synergy through direct equity investments, motivated by dual goals of obtaining financial returns and ensuring GPU sales pipelines, while strengthening strategic ties with key customers. A similar approach appears in NVIDIA’s investments in AI infrastructure companies like CoreWeave, as the chip giant transitions from a supplier to an ecosystem capital participant. Essentially, this represents capital concentration: funding for computing power and cutting-edge AI projects is concentrated among a few founders capable of execution, as execution capability becomes the scarcest resource in high-risk, high-return projects. ABAB News’s “Law of Cognition” lists three points: the regret of giving too little often outweighs the cost of making a wrong investment; the ability to execute high-risk projects is the most scarce capital; and investing in customers by chip giants is the ultimate form of ecosystem binding.