Nvidia CEO Jensen Huang: 'Trillions of Dollars in AI Infrastructure Ahead' - NVDA

Nvidia CEO Jensen Huang said trillions of dollars in AI infrastructure must be built, calling the current expansion "the largest infrastructure buildout in history" during a Davos discussion with BlackRock's Larry Fink on January 21, 2026. Huang noted that 2025 saw record venture capital funding, most of which flowed into AI-native companies across healthcare, robotics, and financial services. He emphasized that AI models are now effective enough to drive real-world applications, where "economic benefit will happen." Despite concerns of an AI bubble, Huang dismissed fears, calling the opportunity "extraordinary." He urged Europe to boost its energy supply to support AI infrastructure development. On employment, Huang said AI has increased demand for radiologists by improving efficiency, though Fink acknowledged AI is replacing some analyst roles in law and finance. IMF’s Kristalina Georgieva warned that 40% of global jobs will be significantly altered by AI, calling the shift a "tsunami" on labor markets.