Catenaa, Wednesday, January 21, 2026- Nvidia CEO Jensen Huang said AI explosion has jump-started the “largest infrastructure buildout in history.” And despite the hundreds of billions of dollars companies have already spent on the technology, there’s still much more spending to do.
“There are trillions of dollars of infrastructure that needs to be built out,” Huang told at the WES at Davos.
“Last year, 2025, was one of the largest years in VC funding ever,” Huang explained. “And last year, most of the funding went to what are called AI native companies. These are companies in healthcare, they’re companies in robotics, financial services, all of the large industries in the world, you’re seeing huge investments going into these AI native companies.”
Huang said these investments are driven by the fact that AI models are now effective enough for companies to use them to build applications that will be used across various industries.
“This application layer could be in financial services, it could be in healthcare, it could be in manufacturing. This layer on top ultimately is where economic benefit will happen,” he added.
The AI buildout has led to frequent talk of an AI bubble, with some on Wall Street and beyond concerned that the massive investments in data centers and spending on AI chips will eventually come to a halt, creating a cascading impact on the economy similar to the dot-com bubble.
But Huang pushed back on the idea, saying that the only reason AI bubble fears come about is that the investments are so large, but that the opportunity is “really quite extraordinary.”
Huang and Fink also hit on the need for Europe to increase its energy supply in order for countries to invest in AI infrastructure.
“I think that it’s fairly certain that you have to get serious about increasing your energy supply so that you could invest in the [AI] infrastructure layer so that you could have a rich ecosystem of artificial intelligence here in Europe,” Huang said.
