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Nvidia pushes a new AI idea as Wall Street backs AI funding wave

Reported · Written up by our desk · Fund Industry

Wall Street has recently given support to Nvidia CEO Jensen Huang’s latest “big concept” for AI, as investors and companies continue financing the buildout with record levels of equity and debt issuance, according to CNBC Markets.

CNBC Finance frames the current phase of the AI expansion as the first three-plus years already being funded through large-scale capital raising by leading technology companies, setting the stage for what Nvidia’s new idea could mean next.

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