Jensen Huang says "a small percentage of" regarding Nvidia's AI funding commitments

At a London event during a European tour that also took him to Paris, Nvidia chief executive Jensen Huang addressed criticism of his company's practice of investing in AI startups that then buy its chips — a cycle detractors say sends money back to Nvidia. Reports that Nvidia had weighed guaranteeing roughly $250 billion in financing for an OpenAI data center in Ohio preceded a drop of about 5% in its shares on July 27; that figure was later reduced to about $105 billion. Huang played down the scale of those outlays relative to the total funding AI developers seek, said Nvidia makes such decisions carefully and with good information, and noted that AI firms need more capital than venture investors alone can provide.