Jensen Huang, CEO of Nvidia, defended the company's growing role in financing artificial intelligence (AI) companies, stating that its investments represent a "once in a generation" opportunity.
He mentioned that the risk to Nvidia is low because its computing infrastructure can be redeployed to other customers and workloads if a supported company struggles.
- Nvidia has become flush with cash from the AI boom, thanks to its status as the leading maker of chips.
- The company has used its windfall to invest in various companies across the AI ecosystem.
Huang noted that the AI companies receiving funding do not have sufficient financial profiles to secure additional funding.
He assured that Nvidia's investments will yield significant returns.
