• Sun. Mar 3rd, 2024

Nvidia CEO Jensen Huang: AI Development Costs Will Remain Lower Than $7 Trillion Thanks to Advances in Computing and Chip Industry


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

Jensen Huang, CEO of Nvidia Corp., is confident that the cost of developing artificial intelligence will remain significantly lower than the reported $7 trillion that Sam Altman is fundraising. He believes that advances in computing over the next few years will contribute to this, with faster computers reducing the total amount needed for AI development.

Speaking at the World Government Summit in Dubai, Huang emphasized that simply buying more computers is not the only factor to consider. Instead, it is important to also anticipate that computers will become faster, reducing the overall amount required. As the maker of the most sought-after AI accelerators, he is optimistic about the chip industry’s ability to drive down the cost of AI as these components continue to be made faster.

Huang’s confidence in the future of AI development is rooted in both the increasing speed of computers and the advancements in the chip industry. He believes that these factors will play a significant role in keeping the cost of AI development manageable in the coming years.

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