There’s a simmering concern on Wall Street about Nvidia and CEO Jensen Huang’s role as leader of the AI revolution. Despite bringing in billions of dollars in profit from the GPUs powering AI, investors are worried about the company’s recent “circular” deals with other tech companies, and some are asking if the chip giant is building the future of AI or inflating the next tech bubble. To better understand Huang, the man pulling the strings of this global AI boom, Danny Fortson and Mark Sellman revisit an interview with Stephen Witt, author of ‘The Thinking Machine’, a history of Jensen Huang and Nvidia. Stephen talks about how Huang hatched the idea for Nvidia in a diner, why getting rich was his biggest fear, and the time he got shouted at by the CEO. Watch on YouTube Read more: Nvidia is becoming tech’s Bank of Mum and Dad Get in touch: techpod@thetimes.co.uk Producer: Marnie Duke Executive Producer: Priyanka Deladia Video Producer: Bronwen Latham Image: Getty Hosted on Acast. See acast.com/privacy for more information.

How Nvidia became AI’s ‘Bank of Mum and Dad’ 

Times Tech

This is the most powerful man in the world. He tells the president what to do. The Jensen you see in public is an act. It's a carefully cultivated persona that he's groomed and built. His greatest fear is that his company will get rich and his employees will grow complacent. Not many people can say they got screamed at by the most powerful man in the world. Hello and welcome to The Times Tech Podcast. I'm Danny Fortson covering all things tech out here in Silicon Valley.

And once again with me is Mark Selman. Don't sound so disappointed, Danny. I love it. Katie will be back next week, I promise you. We shall see. Maybe this is it. Maybe she's just, I don't know. Maybe she's got a new job. Maybe she's running a team of agents somewhere. Who knows what she's up to. We all will be one day, don't worry. Indeed. Well, today we are going to be talking about this little company you may have heard of called Nvidia.

They make these chips, GPUs, powering the whole AI revolution. They, until recently, were the most valuable company on the planet. But they've run into, I wouldn't say they've not run into hard times. They're still worth like $4.9 trillion. But the markets are starting to have some questions and a little concern about kind of their role in this whole AI boom.

And that's the reason we wanted to bring this up because there is this kind of simmering concern on Wall Street and around the world. I did a piece this month talking about how Nvidia has basically become the bank of mom and dad for tech companies.

How Nvidia became AI’s ‘Bank of Mum and Dad’

Read the full transcript

The candid version is on a podcast,
not the earnings call.

How Nvidia became AI’s ‘Bank of Mum and Dad’

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.