A strong sovereign AI strategy is one of the most powerful levers a country has to drive economic value, because it lets nations use their own language, culture, and context without depending on foreign infrastructure.

9:51very concrete conversation, and I'm alluding to the, release of Fable by Anthropic and the US government asking them to restrict access to that. So now this is a very real concern. Tell me a little bit about what you're seeing on the sovereign side. Sovereign AI, to me, is just so critical for any country, right? Is because most of these countries who are adopting sov-sovereign AI strategy aggressively have realized one thing, which

10:21is a good sovereign AI strategy is the biggest Place where they can drive economic value for the country, for the citizens. They have the language, they have the context, they have the cultural context, and they don't want to be dependent on infrastructure from, a country that's not there. and so fundamentally, these are very obvious things, but guess what? Nobody was doing that. Other than few countries, nobody

10:53was doing that until recently. And that has changed. And what has allowed them to do, and we have some great examples, very good examples in Middle East, in France, in, in India. What that has allowed in Japan, where what allowed them to do is build local models, get local context, hire and attract talent, start, this wave of entrepreneurship. in some cases, the governments are directly involved. In some s- cases, the government are

11:22enabling and subsidizing and enabling an ecosystem where the country can thrive, and then the talent pool gets excited and innovation. So it's a, it's a, flywheel, right? At the analyst session I just left, we had a guest speaker from TELUS, their head of Sovereign AI programs. Yeah. And he talked a little bit about the success that they've had. Is that a use case that you're familiar with?

11:47Yeah, I'm very familiar with that, that, that particular, project. Sovereign AI, at the end of the day, really is about strategic autonomy, right? It is about a nation or an entity, it can be at the enterprise level as well, right? really not being dependent, as little dependency as possible, right? It's like you're never gonna eliminate all dependency. you never control the full stack, but you are going to be able to get