The galaxy of deals has helped keep demand running high for Nvidia's processors, which power vast data centers around the world and are the central ingredient of the AI revolution.
That demand has made Nvidia the world's most valuable company by market capitalization and turned chief executive Jensen Huang into AI's kingmaker.
But the investments have raised a nagging question among some doubters on Wall Street: is Nvidia helping to inflate an A…
Nvidia CEO Jensen Huang rejects the allegation that his group is driving the AI bubble with investments in customers. "That's wrong," he said to the "Handelsblatt". Nvidia has invested 30 billion dollars in OpenAI. However, the company needs far more money for its computing power, so Nvidia obviously didn't finance its demand. To the troubled cloud provider Coreweave, Huang said that he doesn't think it's necessary to save. The business is "in g…