Jensen Huang, founder and Chief Executive Officer of US-based technology giant NVIDIA, has estimated that the artificial intelligence (AI) sector will require investments amounting to trillions of dollars to develop the critical infrastructure needed to sustain its rapid growth. These investments span energy generation, data centres, and advanced computing systems, which Huang described as forming “the largest infrastructure build-out in human history”.
Speaking during his participation at the World Economic Forum in Davos, Huang defended the scale of spending currently flowing into the AI sector, amid concerns from some analysts about the potential emergence of an investment “bubble”. He stressed that such levels of capital expenditure are essential to building the foundational layers of artificial intelligence, arguing that these investments will ultimately drive productivity gains and create new employment opportunities across multiple industries.
Huang acknowledged recent fluctuations in NVIDIA’s market valuation but maintained that short-term volatility should not overshadow the long-term structural transformation driven by AI technologies.
In a related context, Microsoft Chief Executive Officer Satya Nadella previously linked the avoidance of a speculative bubble to the fairer distribution of returns generated by artificial intelligence. Nadella emphasised that technological progress should translate into broad-based global economic growth, rather than remaining confined to investment-driven gains concentrated within a limited segment of the market.
