AN article was published in Globes before the holiday regarding the funding round of the Israeli startup Decart (at a valuation of $4.5 billion!). This is an insane success story, but it’s also something more. The fact that NVIDIA is one of the investors makes this a fascinating case study in the shifting of global power structures.

Think about it for a moment: in the world of Web3 and Crypto, we talk endlessly about “decentralization.” But on the ground, in the “real world,” the exact opposite is happening—extreme centralization under the guise of infrastructure.

NVIDIA stopped just selling “picks and shovels” (chips) a long time ago. It is building a closed ecosystem where:

It is the Legislator: It sets the standards through its CUDA software.

It is the Supplier: It is the only one holding the critical computing power.

It is the Investor: It finances its own largest customers.

Why should this interest you (beyond the billions)? Because it’s brilliant. But also because, as a lawyer who accompanies many investors and disruptive technology companies, I see the rules changing right before our eyes.

We are moving from a world of “market competition” to a world of “ecosystem gravity.” Startups like Decart are phenomenal—hats off to them—but they don’t operate in a vacuum. When one player holds the hardware, the code, and the wallet—the questions aren’t just technological. They are legal, regulatory, and concern the concentration of power.

NVIDIA isn’t waiting to see where the market evolves. It is becoming the market itself. At this stage, usually, law and regulation begin to wake up. The only question is whether they can keep up with the pace of the GPU.

What do you think? Are we on our way to a world where Infrastructure is the new Sovereign? Or maybe we’re already there?

Disclaimer:
This is an unofficial English translation of a Hebrew news article. It is provided for informational purposes only. While every effort was made to convey the original meaning, certain nuances may have been adapted for clarity. For the full context, refer to the original Hebrew-language broadcast and article.