Nvidia says it's building an ecosystem that can't fail
Nvidia is constructing an AI ecosystem that is resilient and self-sustaining, according to the company's CFO Colette Kress. She dismisses concerns that its financial support for startups and AI players is circular financing, stating that it is part of a major computing platform shift and the rise of groundbreaking technology. Kress emphasizes that Nvidia sees the success of AI labs as independent of its partnerships, but investing in the ecosystem benefits the company as well.
AI labs receiving support from Nvidia will contribute to about a quarter of the company's business in the next year. Kress believes these investments will yield excellent results, with limited risk. Nvidia aims to be at the center of the AI financial and technological landscape, providing opportunities for growth and revenue diversity while encouraging other firms and customers to participate.
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