Jensen Huang: AI Only Became Genuinely Useful in the Last Few Months

Jensen Huang: AI Only Became Genuinely Useful in the Last Few Months

NVIDIA CEO Jensen Huang has publicly stated that "AI in the last several months became useful — that's the big idea," citing GPU consumption going through the roof and prices on GPUs sold 4-5 years ago rising faster than good wine. The statement is generating significant attention in AI skeptic and financial communities, with critics arguing it effectively concedes that the multi-trillion dollar AI infrastructure investment cycle preceded demonstrated practical utility by years.

Why It Matters

Huang's framing creates a rhetorical tension: NVIDIA's valuation is predicated on sustained AI demand, but his "useful since late 2025" timeline raises the question of how much of the prior investment was premature — a question investors in hyperscaler AI infrastructure will be asking. Via Gary Marcus.