NVIDIA CEO Jensen Huang outlined three major AI breakthroughs at the Davos Forum, emphasizing advancements in AI models over the past year. Huang noted the emergence of 'Agentic AI,' where models can now perform reasoning, planning, and question-answering without specific domain training, marking a significant leap from earlier models prone to hallucinations. Huang also highlighted the impact of open-source models, particularly the launch of DeepSeek, the first open-source reasoning model. This development has spurred a thriving ecosystem, allowing companies and researchers to leverage open-source models for diverse applications. Additionally, Huang pointed to progress in physical AI, which now comprehends complex physical domains such as fluid dynamics and quantum physics, expanding AI's applicability beyond language understanding.