Nvidia CEO Defends $2B CoreWeave Investment
Nvidia CEO Jensen Huang defended the chipmaker's $2 billion investment in cloud provider CoreWeave in recent interviews with Bloomberg and CNBC, calling suggestions of circular financing "ridiculous." He said such equity purchases represent only a small portion of partners' overall infrastructure fundraising, citing customers like OpenAI and Anthropic. The deal will help CoreWeave build AI-focused data centers powered by Nvidia chips.
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