NVIDIA: Jensen Huang 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 of NVIDIA hardware, while comparable computing capacity can currently generate revenue of around $50 billion 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 in third-party funding for AI infrastructure in partnership with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs,...