Nvidia CEO Jensen Huang defends AI startup investments as 'once in a generation' opportunity

Nvidia CEO Jensen Huang defended the company's growing financial support for AI startups, calling it a "once in a generation" opportunity and pushing back on criticism that the investments inflate sales. Huang argued that frontier AI labs require unprecedented capital—tens of billions of dollars—to become profitable, unlike past startups. He said Nvidia wants to be an equity investor and partner, noting these companies lack investment-grade financial track records to secure low-cost capital. Nvidia reported $96.2 billion in quarterly revenue, more than double last year, with data center revenue up 117%. Despite concerns about "circular financing," Huang said risks are low because computing infrastructure can be redeployed across customersbool.