Huang Renxun Steps in to Calm the AI Computing Power Market, Backed by Wall Street Giants

BlockBeats News, August 15th, according to CCTV Finance, a highly unusual scene this week was Huang Renxun joining hands with six Wall Street asset management giants to endorse "turning AI computational power into an independent asset class." Analysts believe this is Huang Renxun's implementation of his proposed concept of Metaverseonomics, marking the extension of the AI frenzy from a technological race to a capital race.

However, the latest plan has also raised concerns among investors about "recycling financing" and debt risks. In the face of doubts, Huang Renxun once again personally calmed the market. He stated that NVIDIA may "provide up to 25% residual value support for a single investment project" and will carefully evaluate each project. Subsequently, market sentiment eased slightly.