AI boom is just beginning – Nvidia CEO Jensen Huang explains what’s driving the virtuous cycle

Nvidia CEO Jensen Huang said on Friday that artificial intelligence had reached a “virtuous cycle,” signaling a tipping point for continuous, rapid growth in the industry, which will fuel the AI boom.

Speaking at the Asia-Pacific Economic Cooperation CEO Summit in South Korea, Huang said as AI models continue to improve, they are attracting more investment — which, in turn drives further advancements in the technology. Describing this loop, he said, “We have now achieved what is called the virtual cycle.”