Jensen Huang's Manic Moves

Nvidia CEO Jensen Huang continues to not rest on his laurels, particularly as clouds continue forming over the AI buildout. On Sunday, Phoebe, Valida and I reported that Nvidia was planning to lead a multibillion-dollar investment in Perplexity, the search firm-turned-AI agent provider whose revenue growth has been pretty great this year.

A few days earlier, Huang announced the third in a series of rapid-fire investments in firms that develop land and power for AI data centers. As Ann reported, the purpose is to lock in Nvidia’s powerful hardware and software bundle as early as possible in the data center process, and to get ahead of a potential glut of chips caused by power and other delays and cost surprises that cloud providers and other data center developers are facing. 

Speaking of unexpected costs, server makers have told customers to expect a 17% price hike for some flagship Blackwell and Rubin Nvidia chip systems arriving next year, Phoebe and I reported.