On August 15, reports surfaced indicating that this week, NVIDIA's CEO, Jensen Huang, took an unprecedented step by collaborating with six Wall Street asset management behemoths to champion AI computing power as a distinct asset class. This strategic maneuver is perceived as Huang's practical application of his envisioned token economics framework, signifying the AI boom's transition from the tech sphere to the capital markets. Nevertheless, this recent move has sparked investor apprehensions regarding potential 'circular financing' schemes and associated debt risks. In a bid to address these concerns, Huang personally announced that NVIDIA could potentially offer residual value support of up to 25% for select investment ventures, along with a pledge to meticulously assess each project. This announcement led to a slight alleviation of market tensions.
