Nvidia-OpenAI Deal Isn't 'Circular Financing,' Says Jensen Huang, Sees $600B Compute Opportunity
Jensen Huang rejects the “circular financing” label around Nvidia’s backing of OpenAI’s Ohio AI project and sees a $600 billion compute opportunity.
Nvidia's leader says his company isn't just loaning money to OpenAI in a tricky circle—instead, he sees a huge chance to sell computer chips for AI work. When a company leader talks about a big opportunity like this, it shows they're excited about future business, but it doesn't mean the money is guaranteed to show up.
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