Jensen Huang rejects AI bubble fears, says Nvidia sees ‘something very different’

Nvidia CEO Jensen Huang has spoken out against the possibility of an AI bubble. Huang gave a three-point rebuttal explaining why the AI industry is not in a bubble. The core argument from Huang goes like this: the shift happening underneath due to AI is much bigger than just chatbots, and there is a fundamental change in how the world does computing that is leading to the massive demand for GPUs.

“There’s been a lot of talk about an AI bubble,” Huang was quoted by CNBC as saying. “From our vantage point we see something very different.”

Huang…