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Nvidia $NVDA -0.69% Corp. CEO Jensen Huang told hundreds of representatives from wealthy family offices and financial institutions that returns on artificial intelligence investment have become "insanely profitable," according to Bloomberg.

The setting was a private Taipei gathering at the Mandarin Oriental, convened by two firms with deep-pocketed backers: Era, whose investors include billionaire Jasper Lau, and Chailease Holding Co., whose controlling figure is financier Andre Koo Sr. Attendance topped 300, with representatives from Hillhouse Investment, PAG, and DBS Group Holdings Ltd. among those present.

"Only for the last six months has the ROI been completely reset. It is now insanely profitable," Huang said, according to Bloomberg. Skeptics who once pressed for proof of AI's financial returns now risk looking foolish for doing so, Huang suggested, saying such questions had become indefensible.

Huang's remarks come amid a sustained debate over whether the scale of global AI investment — particularly in data centers — can generate returns that justify the spending. Wealthy family offices, he argued, represent an emerging pool of financing for AI infrastructure — one that sits alongside the pension funds and retail investors who have historically driven capital formation — while crediting the technology with generating vast amounts of economic value.