Nvidia's web of AI bets: smart strategy or bubble risk?

With Nvidia's galaxy of investments, chief executive Jensen Huang is seen as AI's kingmaker (Joel Saget) Nvidia's $3 billion investment in Meta's share sale, announced Tuesday, is the latest addition to a portfolio of stakes, loans and guarantees that has made the chip giant what some analysts describe as the central bank of the artificial intelligence boom. The galaxy of deals has helped keep demand running high for Nvidia's processors, which power vast data centers around the world and are the central ingredient of the AI revolution. That demand has made Nvidia the world's most valuable company by market capitalization and turned chief executive Jensen Huang into AI's kingmaker.