NVIDIA CEO Jensen Huang claims AI is ‘insanely profitable’ as he courts billionaire families

Nvidia CEO Jensen Huang says investors who are still questioning the value of artificial intelligence are missing the bigger picture. Speaking in Taipei this week, Huang argued that AI is already generating strong returns and that concerns about profitability are fading.

As reported by Bloomberg, Huang, while speaking at a private event attended by more than 300 representatives from financial institutions and wealthy family offices, said the debate around AI spending has shifted significantly over the past few months. “Only for the last six months has the ROI been completely reset. It is now insanely profitable,” Huang said.