Nvidia CEO says demand for compute is exploding due to AI

According to Huang, the tech industry is in an “intense race” toward the next phase of innovation, with the amount of compute needed to train modern models increasing by an order of magnitude every year.

Huang stressed that the speed of computation determines who reaches the next breakthrough first: “Everyone is trying to get to the next level – and someone will. It all comes down to compute: the faster you can calculate, the faster you can move.” He added that demand for Nvidia GPUs is “skyrocketing” as models grow more complex and resource-intensive.

The surge of interest in large-scale AI models is already reshaping the crypto sector. Over the past several years, many bitcoin mining companies have partially or fully shifted their infrastructure toward AI workloads. Driving this trend are rising mining difficulty, higher energy costs, and the potential for better returns from AI computing than from BTC mining. If AI momentum continues, miners’ migration into the sector may accelerate.

Huang also announced that Nvidia’s next-generation Rubin and Vera chips are in full production and are launching on schedule. Designed as a unified platform, the two products will deliver five times the performance of previous generations on AI workloads, according to the CEO.

Analysts note that Nvidia is solidifying its lead in AI-compute infrastructure, while companies across industries are entering a race for GPU capacity. The larger the models, the greater the pressure on the GPU market – and the fiercer the competition for hardware.

At the same time, interest in AI-driven crypto forecasts is rising. With heightened volatility, traders are increasingly using AI models to identify potential levels for bitcoin and altcoins. But escalating cloud demand for GPUs sparks concerns that compute capacity once available to miners may shift toward AI clusters instead.

Huang’s remarks underscore a new reality in the tech landscape: AI has become the primary force driving global demand for compute, and its influence extends from traditional industries to the digital-asset ecosystem.