Nvidia is funding an AI boom. Will it trigger a financial crash? | The Economist
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Nvidia is synonymous with the AI boom. Global demand for its chips has made it the world’s most valuable company. Next year it may also become the most profitable. But in recent months Nvidia has been busy investing in and arranging loans for its customers. Some worry this mirrors the dotcom crash, when hardware giants paid startups with poor prospects to buy their kit. Nvidia retorts that such schemes could not be more different from its plans to accelerate the emergence of AI. Edward Carr, our deputy editor, is joined by a panel of our top AI watchers to discuss the company’s remarkable rise, what its dealmaking might mean for the future of AI and how risky it all is. #Nvidia #artificialintelligence #ai #technology #finance #economy 00:00 - Why is Nvidia so important to the economy? 01:22 - How Nvidia is losing its monopoly on chips 01:56 - What financial engineering is Nvidia doing? 04:06 - What’s Nvidia’s rationale? 05:36 - Will Nvidia trigger a financial crash? Watch th
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