Nvidia CEO Jensen Huang predicts a significant surge in data center infrastructure investment over the next four to five years, estimating a total value of around $2 trillion worldwide. This projection comes in response to reports indicating that OpenAI’s Sam Altman is seeking substantial funding, up to $7 trillion, to develop infrastructure for artificial general intelligence.

Huang emphasized that advancements in computing power will mitigate the need for such colossal investment, as faster computers will reduce the overall quantity required. However, he also highlighted the inevitable increase in data center spending driven by the growing presence of AI technologies.

“We’re at the dawn of a new era,” Huang remarked, pointing out that the current global installed base of data centers is valued at approximately a trillion dollars. Over the next few years, he anticipates this figure will double to $2 trillion, reflecting the expanding role of data centers in supporting software applications worldwide.

With Nvidia’s soaring valuation of $1.7 trillion, fueled by its dominance in the AI chip market, the company is positioned at the forefront of this technological revolution. Investors eagerly anticipate Nvidia’s fourth-quarter earnings report, scheduled for release on February 21st.