Business of Fintech, Member Exclusive

NVIDIA, Revolut, and Citi are facing questions their old playbooks can’t answer

  • NVIDIA, Revolut, and Citi are facing new questions around AI safety, going public, and cybersecurity as their businesses evolve.
  • Scale is raising the stakes around how each company operates, protects, and grows.
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NVIDIA, Revolut, and Citi are facing questions their old playbooks can’t answer

The questions facing NVIDIA, Revolut, and Citi are getting bigger as the companies themselves get bigger.

This week, NVIDIA CEO Jensen Huang weighed in on whether the AI industry should slow the development of increasingly powerful models. Revolut CEO Nik Storonsky discussed where a $115 billion fintech could eventually list its shares. And Citi CEO Jane Fraser described the cybersecurity scramble that is intensifying as AI becomes more capable.

NVIDIA’s Jensen Huang: The firm doesn’t want AI’s brakes applied

CEO Jensen Huang’s remarks put NVIDIA squarely on one side of a growing debate about how the AI industry should handle increasingly capable systems.

Anthropic CEO Dario Amodei has proposed that leading AI labs coordinate the pace of frontier development, giving companies more time to work on safety as models become more powerful. Because such coordination could raise antitrust concerns, Amodei has also suggested that government mediation or exemptions could be necessary.

Huang rejected that premise, calling the need for new laws or antitrust protections “completely unnecessary.” His argument is that companies already have the ability and responsibility to engineer and test their products properly before releasing them. That, in turn, puts more responsibility on individual companies to test and secure what they release without collectively limiting the pace of development.

At a Salesforce event this month, he went further, arguing that treating AI progress and safety as competing objectives creates a “false choice.”

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