Bill Gates and Nvidia Corp‘s (NASDAQ:NVDA) Jensen Huang weren’t responding to each other on Wednesday. But together, they captured the central tension shaping artificial intelligence.
Hours after Gates said he would support a credible plan to slow AI’s advance because society isn’t prepared for the disruption, Nvidia revealed another way it’s making sure the industry’s momentum doesn’t stall.
Buried in the chipmaker’s blockbuster earnings was a seemingly small disclosure: it extended payment terms for some investment-grade customers from 45 days to 60 days—one more sign that Nvidia is becoming more than just AI’s biggest hardware supplier.
Nvidia’s AI Financing Strategy Extends Beyond Selling Chips
On the surface, extending customer payment terms isn’t unusual. Large technology companies routinely adjust credit terms for strategic customers.
