Nvidia CEO Jensen Huang Declares AGI Milestone Meaningless
During a recent earnings call, Nvidia CEO Jensen Huang stated that AGI has already been achieved for many tasks, rendering the milestone itself largely meaningless. He emphasized that the industry is shifting its focus toward autonomous AI agents that can perform productive, revenue-generating work. This perspective signals a shift in the AI industry's narrative from chasing a hypothetical, singular AGI milestone to focusing on practical, profitable applications. It also serves to address growing investor concerns about an AI bubble by highlighting immediate economic utility and token monetization. While Nvidia reported a massive 106% year-over-year revenue increase to $96.2 billion for Q2 FY2026, the company noted that extreme memory supply shortages and rising memory prices will continue to limit its growth until early 2028.
## BACKGROUND
An AI agent is an autonomous software system designed to perceive its environment, make decisions, and execute workflows using tools to achieve specific goals. In large language models (LLMs), a token is the basic unit of text processed by the model, which serves as the primary metric for computing costs and billing.