AI News Feed
Market watch
Companies

Nvidia CEO says neocloud demand is 'off the charts' but capital is scarce

Nvidia CEO Jensen Huang says neocloud demand is 'off the charts' but working capital is scarce.

Huang pointed to a gap between demand and financing. “What is missing in the middle is the working capital to fuel that growth… because there’s just so much demand across so many sectors of AI, there’s a scarcity of capital,” he told CNBC.

He added that demand for capital is much greater than its availability, and said, “That’s going to get solved.”