• Thu. Feb 29th, 2024

The Future of Artificial Intelligence: CEO Jensen Huang Discusses Nvidia Corp’s Optimism and Role in AI Development


Feb 12, 2024
Nvidia CEO Jensen Huang: The Cost of Developing AI Shouldn’t Reach $7 Trillion

As the CEO of Nvidia Corp, Jensen Huang is optimistic about the future of artificial intelligence development. He believes that despite reports suggesting that Sam Altman is fundraising for $7 trillion, the cost of developing AI will remain well below this amount. Huang attributes this belief to advances in computing over the next few years, which he expects will reduce the total amount needed for AI development.

While buying more computers may seem like an easy solution, Huang emphasized at the World Government Summit in Dubai that it is not the only factor to consider. Instead, it is important to anticipate that computers will become faster, reducing the overall amount required for AI development. As a manufacturer of AI accelerators, Huang is confident in the chip industry’s ability to drive down the cost of these components as they continue to be made faster.

Overall, Huang’s confidence in the future of AI development is rooted in his belief that both the increasing speed of computers and advancements in the chip industry will play significant roles in keeping costs manageable.

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