Ed Ludlow

NVIDIA CEO Jensen Wang saying that it is ridiculous to call it circular financing because it is just a tiny portion of what CoreWeave is going to have to raise overall.

And it's in line with NVIDIA's other investments.

Make your own mind up on that.

There's also a piece on the Bloomberg about how NVIDIA's rally of late shows that a year ago, deep-seek fears might be a little unfounded, and that is written by Bloomberg's Carmen Reinecke.

Carmen, great piece, as always, data-focused.

What do we need to know here?

What are you writing about?

And it looked like maybe the start of or maybe a practice run for the AI bubble popping.

But if you look a year on now, a lot of those fears are really unfounded.

You know, the stock is up nearly 60% since then.

And then, you know, we're also seeing, you know, more energy and construction and infrastructure stocks kind of come online.

So while there still are concerns about some of the circularity here, for sure, and even, you know, the deal with Corey of Nvidia goes deeper than just the most recent news.

The overall sort of expansion of the AI trade is giving bulls sort of more room to run.

What do we need to see this week, Carmen?

For example, Microsoft today unveils that it's got yet its second round of its own AI accelerator, pointed maybe at trying to reduce its dependence on an NVIDIA.

But we're also going to see what its capital expenditure looks like, how much it's continuing to invest.

That's going to be important for NVIDIA's numbers that don't come until the end of February.

Bloomberg's Carmen Reinecke.

It's great to have you on.

It's a great piece that you also are in on Bloomberg Originals.