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Nvidia boss sees 'trillions' in AI spending ahead

Nvidia boss sees 'trillions' in AI spending ahead

The Peninsula
Wednesday, January 21, 2026 02:40:49 PM UTC

Davos, Switzerland: The infrastructure to develop and power generative artificial intelligence models will require further trillions of dollars in i...

Davos, Switzerland: The infrastructure to develop and power generative artificial intelligence models will require further "trillions" of dollars in investment, the head of top AI chipmaker Nvidia said Wednesday.

Nvidia boss Jensen Huang spoke at the World Economic Forum in Davos, where AI boosterism has been overshadowed by a transatlantic confrontation over US President Donald Trump's desire to annex Greenland.

But today's AI boom "has started the largest infrastructure buildout in human history," Huang said.

"We're now a few hundred billion dollars into it... there are trillions of dollars of infrastructure that needs to be built out" in fields including energy, cloud computing and electronics, he added.

Nvidia has come to dominate spending on the processors needed for training and operating the large language models (LLMs) behind chatbots like OpenAI's ChatGPT or Google Gemini.

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