AI Buildout Is A Five-Layered Cake -- Jensen Huang -- January 26, 2026

Clearly spelled out in Jensen Huang's interview with CNBC early Monday morning, January 26, 2026.

The "AI ecosystem" is a five-layer(ed) cake:

• base: energy
• 2nd layer: chips -- and there are so many different fillings
• 3rd layer: infrastructure -- mentioned CoreWeave, in a different interview would mention CAT, SCCO, GLW
• 4th layer: AI models. Google Gemini; OpenAI's ChatGPT; Anthropic's Claude.
• top layer: applications

Microsoft's CEO has said that AI -- chatbots -- will spell the death of apps as the cash-cow for tech. Of course, apps will always be around and will actually increase -- at some point, it's very possible that the GUI in the future will be apps only. Google is already going that route. Folks will be able to generate their own apps using AI; apps will be custom-made for "peanuts." AI models -- the chatbots -- will do the thinking and expressing.