Catenaa, Tuesday, March 24, 2026- Nvidia CEO Jensen Huang said that Artificial General Intelligence(AGI) has been achieved and that it can build a $1 billion business from scratch.
Speaking on Lex Fridman’s podcast Monday, Huang bypassed years of speculation with one comment. “I think we’ve achieved AGI,” he said.
The claim surfaced after Fridman asked Huang how long it would take AI to innovate, find customers, and manage a team to build a $1 billion company. When asked whether that milestone is five to 20 years away, Huang asserted that for a company of that scale, the era of AGI is now.
He said that having a billion-dollar company run by AI is “possible,” so long as that success isn’t expected to last forever.
“It is not out of the question that a Claude [model] was able to create a web service, some interesting little app that all of a sudden, you know, a few billion people used for 50 cents, and then it went out of business again shortly after,” Huang said. “Now, we saw a whole bunch of those types of companies during the internet era, and most of those websites were not anything more sophisticated than what OpenAI [or] Claude could generate today.”
This aggressive redefinition of the goalpost is notable. The tech industry has long struggled to define AGI precisely, with the debate often hinging on human-centric tests or specific tasks, such as writing a novel or outperforming humans.
For Huang, however, the metric is strictly capitalistic, referring to AGI as the ability to build and run a 10-figure enterprise.
Still, investors should approach Huang’s AGI statement with a healthy dose of skepticism, as his definition leans heavily on monetizing temporary virality, rather than demonstrating sustained institutional management.
While a model like Claude could generate a profitable app today, that represents a specific, narrow type of success rather than the broad, humanlike reasoning the industry associates with true AGI.
But by declaring AGI “achieved,” Huang conveniently reinforces the necessity of his own products.
If AGI is “achieved,” the demand for Nvidia’s high-end chips becomes a critical requirement for Big Tech companies from Google to Microsoft as they scale up data centers to meet AI needs.
Despite the bullishness, Huang acknowledged the limits of AI’s current capabilities, particularly when it comes to his own empire.
Even if an AI agent catches a trend or creates a digital influencer that is “super, super cute” and rakes in a billion dollars, it isn’t ready to replace the engineers of a complex hardware giant.
“The odds of 100,000 of those agents building Nvidia is 0%,” he said.
“The number of software engineers at Nvidia is gonna grow, not decline,” Huang added. “And the reason for that is because the purpose of a software engineer and the task of a software engineer coding are related, not the same. I wanted my software engineers to solve problems. I didn’t care how many lines of code they wrote.”
In 2025, Nvidia shares surged 39% when the chip leader made Wall Street history by becoming the first company to reach a $5 trillion market capitalization. It has since backed off from that valuation to around $4.3 trillion.
In terms of its 12-month price performance, Nvidia has outperformed 79% of all other stocks.
