Nvidia CEO Jensen Huang can't stop talking about tokens. Here's what they are and how they're reshaping AI budgets.

Nvidia CEO Jensen Huang

JOSH EDELSON / AFP via Getty Images

• Nvidia CEO Jensen Huang can't stop talking about tokens at the GTC conference.
• Tokens determine how AI work is measured and priced.
• AI agents will drive massive token usage, and companies should be happy to pay for them, Huang said.

Nvidia CEO Jensen Huang's remarks at the company's GTC conference had a recurring theme: AI tokens.

In a conversation with analysts on Tuesday, Huang framed future...