The new funds could benefit AI research labs, Nvidia chief executive Jensen Huang says. (AP PHOTO)The new funds could benefit AI research labs, Nvidia chief executive Jensen Huang says. Cloud giants including Amazon, Google, Microsoft and Meta are investing hundreds of billions of dollars in expanding AI data centres. The new funds could benefit AI research labs and start-ups, Nvidia chief executive Jensen Huang told US broadcaster CNBC. BlackRock boss Larry Fink said current estimates suggest the United States alone will need more than 70 gigawatts of AI data centre capacity.