Nvidia CEO Jensen Huang made a bold declaration on the Lex Fridman podcast released March 22, stating "I think we've achieved AGI." Huang's definition of Artificial General Intelligence, however, is narrow and economically focused: an AI capable of creating a company with a billion-dollar valuation, even if only briefly. He cited the open-source AI agent platform OpenClaw as a current example of this capability in action.
Huang immediately clarified his statement, noting to Fridman, "You said a billion, and you didn't say forever," acknowledging that sustaining a complex business long-term remains a distinct challenge. He admitted that even hundreds of thousands of AI agents could not build a company like Nvidia. This narrow definition contrasts sharply with the academic view of AGI, which requires human-level performance across all cognitive tasks, including long-horizon strategy and physical world reasoning.
Concurrently, Nvidia has secured massive, previously unaccounted-for revenue streams totaling over $82 billion. Amazon Web Services (AWS) announced a deal to purchase 1 million Nvidia GPUs for AI inference, a package likely worth over $50 billion and set to close by the end of 2027. This single deal represents roughly 25% of Nvidia's entire 2025 annual revenue.
Furthermore, Nvidia is resuming production of its H200 chips for the Chinese market and developing a China-compliant version of its new Groq 3 chips. Combined, these China-related sales could restore an estimated $32 billion in annual revenue, which had been excluded from the company's Q1 guidance. In 2025, Chinese data center sales were running at about $8 billion per quarter.
In the same week, Arm Holdings launched its first data center CPU, the Arm AGI CPU, with Meta Platforms and OpenAI as early customers. While analysts note it does not directly compete with Nvidia's core GPU business, it may overlap with Nvidia's new stand-alone Vera CPUs. Huang praised the long-term partnership with Arm, calling it a foundation for "one seamless platform."
Huang projected staggering future growth for Nvidia, suggesting the company could reach $3 trillion in revenue in the "near future," a monumental leap from its $215.9 billion in fiscal 2026. He also projected at least $1 trillion in chip sales from its Blackwell and Vera Rubin platforms through 2027. Nvidia stock (NVDA) reacted positively to the news, rising 1.6% in premarket trading on March 25 to $177.97.
