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rewrite this title Developing AI Shouldn’t Cost $7 Trillion, Nvidia CEO Jensen Huang Says


Feb 12, 2024

Nvidia Corp. Chief Executive Officer Jensen Huang believes that advances in computing in the next few years will result in a lower cost of developing artificial intelligence. He anticipates that the cost will be well below the $7 trillion that Sam Altman is said to be fundraising. Speaking at the World Government Summit in Dubai on Monday, Huang emphasized the importance of not just buying more computers, but also the potential for computers to become faster. This means that the total amount of computing power needed for AI development will be reduced.

As the head of a company that produces highly sought-after AI accelerators, Huang is confident in the chip industry’s ability to drive down the cost of AI development. He believes that as technology progresses, the parts necessary for AI development will become “faster and faster and faster,” leading to a reduction in overall costs.

Huang’s optimism about the future of AI development is grounded in the belief that advancements in computing technology will have a significant impact on the cost of developing artificial intelligence. He envisions a future where the cost of AI development is substantially lower than current projections, driven by faster and more efficient computing capabilities. As the CEO of a company at the forefront of AI accelerator production, Huang’s perspective on the future of AI development carries weight in the industry.

By Editor

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