Huang's joke at Nvidia's big AI conference this week highlights potential billion-dollar impacts on tech giants like Microsoft, Google, and Meta.

Nvidia CEO Jensen Huang offered a quantum-level climb-down on Thursday, after spooking quantum-computing companies earlier this year with his assessment that their efforts wouldn’t be “very useful” for 15 to 30 years.

Nvidia founder Jensen Huang kicked off the company’s artificial intelligence developer conference, on Tuesday by telling a crowd of thousands that AI is going through “an inflection point.”