Nvidia CEO Jensen Huang pushed back on questions about whether the company’s financing arrangements for data center and artificial intelligence infrastructure projects amount to circular financing, according to The Wall Street Journal. Speaking at a Goldman Sachs conference, Huang responded to a question on the issue by saying, “I put in $1 and eventually get back $100. Is that circular?” He described the transactions as “a very smart strategy” that helps Nvidia build distribution channels for its technology architecture. Huang said Nvidia’s funding support for data center projects and AI infrastructure is not simply money cycling back, but is intended to drive the adoption of its architecture in the market. The remarks address scrutiny over how Nvidia is involved in financing related infrastructure buildouts tied to its ecosystem.
Nvidia (NVDA.O) CEO Jensen Huang responded to questions at a Goldman Sachs conference over whether the company’s financing arrangements for data center and artificial intelligence infrastructure projects should be viewed as circular financing, according to The Wall Street Journal.
Asked directly whether those investments amounted to circular financing, Huang said, “I put in $1 and eventually get back $100. Is that circular?”
He called the transactions “a very smart strategy,” saying they help Nvidia build distribution channels for its technology architecture. Huang said Nvidia’s financial support for data center projects and AI infrastructure is not simply capital cycling through, but is aimed at promoting broader market adoption of its architecture.
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