By By Asia Today and translated by UPI
Publication Date: 2026-01-23 02:55:00
BlackRock chairman and WEF co-chairman Larry Fink (L) and Nvidia founder and CEO Jensen Huang (R) speak during a panel discussion during the 56th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, 21 January 2026. The meeting under the topic ‘A Spirit of Dialogue’ brings together entrepreneurs, scientists, and corporate and political leaders in Davos and takes place from 19 to 23 January in Davos. Photo by GIAN EHRENZELLER/ EPA
Jan. 22 (Asia Today) — Nvidia Chief Executive Officer Jensen Huang said trillions of dollars more will be needed to build the energy and computing backbone for artificial intelligence, calling the push “the largest infrastructure construction project in human history.”
Huang made the comments Wednesday during a discussion at the World Economic Forum in Davos, Switzerland, saying hundreds of billions of dollars have already been invested but far more capital is required to complete core infrastructure such as power and computing capacity.
He described AI infrastructure as a five-layer stack that starts with energy and extends through chips and computing, cloud data centers, AI models and the application layer, likening it to a cake built from the bottom up.
Huang said the investment cycle should ripple across the broader economy, with demand for data center construction supporting jobs in construction, manufacturing, electrical work and equipment, and some roles paying six-figure salaries. He said the biggest value creation…
