Jensen Huang says neocloud demand is 'off the charts' — but who funds it?
2C_ornot2C · x · 2026-10-23
Jensen Huang told CNBC that demand for neoclouds renting out AI compute is "off the charts," but these companies can't raise enough capital — CoreWeave and Nebius both fell 4% premarket. The author pushes back: lenders are pulling back, FT reported Anthropic may cancel a $45B Nscale contract, and Nvidia owns 10% of CoreWeave plus a $6.3B capacity backstop. His take: when Huang says the capital problem "gets solved," it likely means more of that money will come from Nvidia itself.
Related event: Huang Dismisses NeoCloud Funding Concerns, Citing Surging Demand(3 posts)→
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