Ajay Puri on AI investment
From NVIDIA AI | "PM Modi Has Great Aspiration For AI": NVIDIA Executive Vice President To NDTV · · NDTV
“I really don't think there is an analogy — this is an incredible new technology that is already driving revenue and investment; we are a couple of hundred billion dollars into it and it will require several trillion dollars worth of infrastructure to be built out. There is no bubble here.”
On , Ajay Puri, Executive Vice President of Worldwide Field Operations at Nvidia, spoke about AI investment during NVIDIA AI | "PM Modi Has Great Aspiration For AI": NVIDIA Executive Vice President To NDTV on NDTV.
About Ajay Puri
At the NDTV Ind.AI Summit on February 18, 2026, Ajay Puri discussed AI's impact on employment, stating that while some jobs will be lost, many new jobs will be created. He argued that AI increases productivity, which typically raises company profits and enables further hiring, and that AI will democratize services like healthcare and agriculture in India. Puri also described AI as "a new industrial revolution" and said Nvidia has increased computing by 1 million times in the past decade. Puri said that Indian Prime Minister Narendra Modi has "great aspirations for AI to democratise things for the global south" and that Nvidia is supporting India's sovereign AI strategy by providing open models, data sets, and tool sets to domestic companies. He dismissed concerns of an AI bubble, stating that the technology is already driving revenue and investment and will require "several trillion dollars worth of infrastructure." He outlined Nvidia's "five-layer cake" AI stack, comprising energy, chips, infrastructure, models, and applications.