Tag: AI cost

Nvidia CEO says tech advances will keep AI cost in check
Technology

Nvidia CEO says tech advances will keep AI cost in check

[ad_1] Nvidia Corp. Chief Executive Officer Jensen Huang anticipates advances in computing over the next few years will keep the cost of developing artificial intelligence well below the $7 trillion that Sam Altman is said to be fundraising.“You can't assume just that you will buy more computers. You have to also assume that the computers are going to become faster and therefore the total amount that you need is not as much,” Huang told the World Government Summit in Dubai on Monday. The 60-year-old's company makes the most sought-after AI accelerators and he's confident the chip industry will drive down the cost of AI, as those parts are made “faster and faster and faster.” Huang was responding to a report in the Wall Street Journal that OpenAI CEO Sam Altman is seeking to raise $7 tri...