Nvidia CEO Jensen Huang has defended the company\u2019s growing role in financing the artificial intelligence boom. Huang has rejected the claims that its investments amount to artificial intelligence is inflating demand. \u201cI think they\u2019re missing a very big point,\u201d Huang said on CNBC\u2019s Mad Money after Nvidia posted better\u2011than\u2011expected quarterly results. Huang argued that AI startups are unlike any previous generation, requiring tens of billions of dollars to get funded and become profitable. \u201cWhen was the last time anybody heard of a startup that needed billions of dollars to get off the ground? That just never happened. But that\u2019s really the nature of AI,\u201d he said. Nvidia has invested across the ecosystem, from OpenAI and Anthropic to neocloud providers renting Nvidia\u2011powered compute.<\/p>\n
How Nvidia became a financial backstop for the AI boom<\/p>\n","protected":false},"excerpt":{"rendered":"
Nvidia CEO Jensen Huang has defended the company\u2019s growing role in financing the artificial intelligence boom. Huang has rejected the claims that its investments amount to artificial intelligence is inflating demand. \u201cI think they\u2019re missing a very big point,\u201d Huang said on CNBC\u2019s Mad Money after Nvidia posted better\u2011than\u2011expected quarterly results. Huang argued that AI startups are unlike any previous generation, requiring tens of billions of dollars to get funded and become profitable. \u201cWhen was the last time anybody heard of a startup that needed billions of dollars to get off the ground? That just never happened. But that\u2019s really […]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-1032197","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1032197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1032197"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1032197\/revisions"}],"predecessor-version":[{"id":1032198,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1032197\/revisions\/1032198"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1032197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1032197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1032197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}