AI and robotics drive the largest infrastructure buildout in history, Nvidia CEO says

At the World Economic Forum in Davos, Nvidia CEO Jensen Huang said AI and robotics are prompting what he called the largest infrastructure buildout in human history, and Microsoft CEO Satya Nadella also dismissed signs of an AI bubble.

At the World Economic Forum in Davos, Nvidia CEO Jensen Huang described AI and robotics as prompting a very large infrastructure buildout. He said AI now reaches sectors beyond tech and pointed to rising rental prices for GPUs as evidence of sustained demand. Microsoft CEO Satya Nadella also spoke at Davos and said he did not see current signs of an AI bubble, framing AI upskilling as a continuation of past workforce shifts. Huang added that robotics present a significant opportunity for European manufacturing and that the buildout will involve many new roles. Reported details: - Jensen Huang spoke at Davos and characterised AI and robotics as driving a large infrastructure buildout that will require extensive investment and labour. - Huang noted that spot rental prices for GPUs, including older-generation units, have risen, which he cited as a sign of broad demand. - Satya Nadella said he did not view the sector as a bubble and compared AI upskilling to previous workplace skill shifts such as learning common office software. - Observers reported increased pressure on data centre investment, energy infrastructure, and demand for skilled professionals linked to AI expansion. - Huang described robotics as offering a notable opportunity for European manufacturing and said the overall buildout will create many jobs. Summary: Both leaders said AI and robotics are reshaping industries and the labour landscape while rejecting immediate bubble concerns. Undetermined at this time.