Nvidia CEO Jensen Huang said that all American companies will eventually need or become AI factories, that is, entities that produce both goods and artificial intelligence, and create high-skilled jobs in the United States in the process. "Just like we produce physical cars today, or any physical thing in the future, there will eventually be digital versions," Huang said. "So you need an AI factory to create the AI models that run in the car." The AI factory is a concept promoted by Nvidia at past events. It is a facility that takes in data and produces intelligence in large quantities. It can also be described as a one-stop shop for chips, software, design, and network infrastructure designed for artificial intelligence. Huang said that Nvidia benefits from the development of these AI factories because the chip giant is the "engine" behind the AI infrastructure.