NVIDIA: Jensen explains why the gigantic AI capex doesn't have to be madness

Jensen Huang calculates: A 1 GW AI data center today contains around 60 billion USD of NVIDIA hardware, while comparable computing capacity can currently generate revenues of around 50 billion USD per year. Even older Ampere systems are fully leased. According to Huang, even ten-year-old Volta GPUs can still be leased - an important argument against an extremely short economic lifespan. NVIDIA aims to mobilize over 500 billion USD in third-party funding for AI infrastructure in partnership with Apollo, BlackRock, Blackstone, Brookfield, Goldman...