Jensen Huang Rejects 'Circular Financing' Claims Amid Nvidia's AI Investments

• Nvidia CEO Jensen Huang strongly refutes 'circular financing' allegations regarding the company's investments in AI infrastructure firms.
• Huang dismisses the idea as 'ridiculous,' stating Nvidia's financial backing reflects long-term confidence in transformative AI businesses, not artificial demand creation.
• The comments follow Nvidia's recent $2 billion investment in CoreWeave, an AI cloud provider, which critics suggest creates a self-reinforcing loop for Nvidia's GPUs.
• Huang argues Nvidia's investments are a small fraction of the total capital needed by these AI companies, emphasizing the scale of funding required for modern AI infrastructure.
• Nvidia's strategy aims to support the growth of the AI ecosystem, driving demand for accelerated computing, rather than controlling these businesses.

Why It Matters: Jensen Huang defends Nvidia's AI investments, calling 'circular financing' claims ridiculous and emphasizing ecosystem growth.