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Jensen Huang says every company must transform into an AI enterprise

October 16, 2026 Priya Shah – Business Editor Business

Jensen Huang Announces Europe’s AI Transition as Nvidia Investments Top $8 Billion

Nvidia Chief Executive Officer Jensen Huang announced in Stockholm last week that every global company must ultimately transform into an artificial intelligence enterprise.

Building Europe’s Sovereign AI Infrastructure

Huang stressed that European industries must establish complete, domestic AI technology supply chains running from localized data centers to final software applications. The executive’s tour across Northern Europe included a high-profile stop in Sweden’s capital to launch the Sferical One supercomputer. Built using Nvidia silicon, the system gives Swedish enterprises the domestic computing capacity required to retain sensitive national data and proprietary expertise inside the country’s borders.

To accelerate this infrastructure buildout, Nvidia directed substantial strategic capital toward regional cloud providers. The company channeled funds into British data center and AI cloud operator Nscale alongside Dutch cloud provider Nebius, according to spacebar.th. Huang confirmed that additional multi-billion-dollar investments remain scheduled for upcoming fiscal quarters to cement the continent’s foundational computing layer. During his visit, Huang stated, We have already invested $8 billion in the past year, and there are several billion dollars more in the pipeline. We are helping Europe build an AI ecosystem.

Jensen Huang says every company must transform into an AI enterprise
Photo: Thairath.co.th

Nvidia Partners with Volvo Cars for Autonomous Safety Systems

Corporate partnerships anchor Nvidia’s European market penetration beyond pure cloud computing. Volvo Cars expanded its existing technology agreement with the chip manufacturer to co-develop advanced safety systems for upcoming autonomous vehicle platforms. Huang’s European itinerary also includes a major company-hosted technology conference in Berlin.

Retail Fuel Price Adjustments

  • Standard Gasoline: 50.43 baht per liter
  • Gasohol 95: 41.44 baht per liter
  • Gasohol 91: 41.07 baht per liter
  • Gasohol E20: 35.69 baht per liter
  • Standard Diesel: 42.94 baht per liter
  • Diesel B20: 37.19 baht per liter

While industry leaders like Nvidia push for a technological shift toward AI-driven efficiency, the immediate local economic focus remains on these energy costs, which rose from previous levels during the second week of October.

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