Every successful application pulls on every layer beneath it
28 October 2026 (CoinGeek). NVIDIA CEO Jensen Huang, in an NVIDIA blog post, described AI as a five-layer infrastructure stack from energy to applications.
Jensen Huang says AI is a five-layer cake—so is Bitcoin
More from Jensen Huang · AI and money · 2026
Who else?
Other voices
- “AI infrastructure is being built well ahead of the demand curve” David Crawford,
- “Still baffled by AI capex? You should be” Azeem Azhar, Builder,
- “Misunderstand and act irrationally” Michael Intrator,
- “They don't show up on the P&L in a way that justifies significant infrastructure investment” Louis Landry,
- “There's never been an investment like the investment in railroads” Paul Graham,










