""These are generational companies - the investments that we make is confidence in them," Huang told Bloomberg News. "But it's a small percentage of the amount of money that they ultimately have to go raise, and so the idea that it is circular is - it's ridiculous.""
""Whatever we decide to invest is a small percentage, very small percentage of the overall amount of infrastructure, capital they're going to have to raise," Huang told CNBC in a separate interview."
""procurement of land, power, and shell to build AI factories.""
Jensen Huang rejected claims that Nvidia's investment activity represents circular financing, calling that characterization "ridiculous." Nvidia expanded its stake in CoreWeave by buying $2 billion of shares to help fund procurement of land, power, and shells for AI factories that will run on Nvidia chips. Huang said investments in companies such as OpenAI, Anthropic, and xAI represent only a small portion of those companies' total capital needs. Nvidia emphasized that its commitments are confidence-building and minor relative to the massive infrastructure spending required, citing OpenAI's projected multiyear expenditures as an example.
Read at Business Insider
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