Jensen Huang – pressnews

5 things about AI you may have missed today: Taiwan’s AI revolution, Tim Cook advocates AI and more

25Mar

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Technology

5 things about AI you may have missed today: Taiwan’s AI revolution, Tim Cook advocates AI and more

[ad_1] Nvidia CEO applauds Taiwan's key role in AI revolution; Tim Cook advocates AI for business carbon footprint reduction; UK launches AI project to track Hedgehog populations; Baidu stocks soar on Apple collaboration for AI services in China- this and more in our daily roundup. Let us take a look.1. Nvidia CEO applauds Taiwan's key role in AI revolutionNvidia CEO Jensen Huang praises Taiwan's pivotal role in the AI revolution, emphasising its central position in technological advancements. He reminisces about Nvidia's beginnings and its collaboration with Taiwanese firms like TSMC. Huang reaffirms Nvidia's commitment to innovation and partnership, recognizing Taiwan's significant contribution. He concludes by expressing gratitude and affection for his Taiwanese collaborators, accord...

Nvidia CEO Jensen Huang Faces Sky-High Investor Expectations at Upcoming AI Conference

15Mar

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Nvidia CEO Jensen Huang Faces Sky-High Investor Expectations at Upcoming AI Conference

[ad_1] Nvidia Corp.'s annual artificial intelligence conference is just days away and expectations are high for the semiconductor maker to deliver news that will sustain the blistering rally in its stock. “Nvidia GTC,” the company's graphics processing unit technology event, has quickly become a global AI conference for developers. It runs from March 18-21 in San Jose, California, with Chief Executive Officer Jensen Huang due to speak on the opening day. His comments may help Nvidia stock end a bout of volatility and resume its surge of more than 80% this year.“It's a huge catalyst because they'll probably give more information, not only on industry penetration,” said Ted Mortonson, technology desk sector strategist at Robert W. Baird & Co. He compared the gathering to Apple Inc.'s...

Nearly All Wealth Gained By World’s Rich This Year Comes From AI

15Feb

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Nearly All Wealth Gained By World’s Rich This Year Comes From AI

[ad_1] Nvidia Corp. co-founder Jensen Huang's wealth has surged as a blistering rally in AI-related stocks pushed the chipmaker's market value above Amazon.com Inc.'s for the first time. The same rally has minted another billionaire in Huang's own family: his distant cousin Lisa Su, chief executive officer of Nvidia competitor Advanced Micro Devices Inc., who's worth $1.2 billion after the stock doubled over the past year. Two chipmaker billionaires in one family illustrates the scope of the artificial intelligence craze, which has come to dominate the stock market and accounts for most of the wealth gained by the world's richest people this year. Among the 500 wealthiest individuals, 30 attribute at least some of their fortune to companies that are tracked by the Bloomberg Global Ar...

Nvidia CEO says tech advances will keep AI cost in check

12Feb

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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...

Nvidia CEO reveals, in the age of AI, why you should not wear a watch

28Dec

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Nvidia CEO reveals, in the age of AI, why you should not wear a watch

[ad_1] Nvidia CEO Jensen Huang recently attended the Chinese American Semiconductor Professional Association (CASPA), where he also participated in a Q&A session and took questions from young professionals over a wide range of topics. Huang spoke about the age of AI, the right way to progress in your career in modern times, and why he does not wear a watch. He also spent time highlighting his own career and how he climbed to the position of the CEO of Nvidia. At present, Huang is the longest-serving CEO of a tech firm, holding the Nvidia chief position since 1993 (31 years). At the CASPA session, he was asked for advice for young professionals in a dynamic and fast-changing world of AI. For the 60-year-old CEO, this opened up a pandora's box, as he explained how his own career panne...

Nvidia staffers had warned CEO Jensen Huang of threat AI would pose to minorities

18Dec

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Nvidia staffers had warned CEO Jensen Huang of threat AI would pose to minorities

[ad_1] Masheika Allgood and Alexander Tsado left their 2020 meeting with Nvidia Corp. Chief Executive Officer Jensen Huang feeling frustrated. The pair, both former presidents of the company's Black employees group, had spent a year working with colleagues from across the company on a presentation meant to warn Huang of the potential dangers that artificial intelligence (AI) technology posed, especially to minorities.The 22-slide deck and other documents, reviewed by Bloomberg News, pointed to Nvidia's growing role in shaping the future of AI — saying its chips were making AI ubiquitous — and warned that increased regulatory scrutiny was inevitable. The discussion included instances of bias in facial-recognition technologies used by the industry to power self-driving cars. Their aim, th...

5 things about AI you may have missed today: Google launches Gemini AI model, Nvidia CEO on AI safety, more

6Dec

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Technology

5 things about AI you may have missed today: Google launches Gemini AI model, Nvidia CEO on AI safety, more

[ad_1] Today, December 6, was a very important day for the artificial intelligence space. Google has introduced its most advanced artificial intelligence model, a technology capable of crunching different forms of information such as video, audio, and text, called Gemini AI. The company claims that the multimodal AI model is its largest one yet. In other news, Nvidia CEO Jensen Huang said in an interview that he feels achieving AI safety is a reachable goal. This and more in today's AI roundup. Let us take a closer look.Google launches Gemini AIGoogle has launched its largest multimodal AI model, Gemini, with three categories — Gemini Ultra, the largest and most capable; Gemini Pro, versatile across various tasks; and Gemini Nano, designed for specific tasks and mobile devices, as per a...

Nvidia CEO Jensen Huang Says the US Will Take Years to Achieve Chip Independence

30Nov

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Nvidia CEO Jensen Huang Says the US Will Take Years to Achieve Chip Independence

[ad_1] Nvidia Corp. Chief Executive Officer Jensen Huang, who runs the semiconductor industry's most valuable company, said the US is as much as 20 years away from breaking its dependence on overseas chipmaking.Huang, speaking at the New York Times's DealBook conference in New York, explained how his company's products rely on myriad components that come from different parts of the world — not just Taiwan, where the most important elements are manufactured. “We are somewhere between a decade and two decades away from supply chain independence,” he said. “It's not a really practical thing for a decade or two.” The outlook suggests there's a long road ahead for a key Biden administration objective — bringing more of the chipmaking industry to US shores. The president has championed bipar...

AWS re:Invent 2023: 5 biggest announcements after day 2 keynote – Amazon Q, new AI chip, more

29Nov

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Technology

AWS re:Invent 2023: 5 biggest announcements after day 2 keynote – Amazon Q, new AI chip, more

[ad_1] AWS re:Invent 2023: The annual flagship event of Amazon Web Service (AWS), re:Invent is currently underway. Yesterday, November 28, marked day 1 of the event, and during its opening keynote sessions AWS CEO Adam Selipsky made a number of new announcements and updates. The day 2 keynote session has also wrapped up with a couple more announcements coming along the way. There is a distinct artificial intelligence (AI) focus in the event that is being hosted in Las Vegas. The event will run through December 1 and we expect more announcements to be made. But these are the 5 biggest announcements to come from the AWS event so far. Let us take a look.5 biggest announcements from AWS re:Invent 20231. Amazon Q: Amazon Q is a chatbot for businesses where clients can ask questions specific ...

Microsoft Ignite: Nvidia CEO Jensen Huang says generative AI will be bigger than mobiles, internet

16Nov

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Technology

Microsoft Ignite: Nvidia CEO Jensen Huang says generative AI will be bigger than mobiles, internet

[ad_1] Microsoft is conducting its annual developer's event called “Microsoft Ignite 2023” during which the company announced its partnership with Nvidia to start various AI projects. The CEO of Nvidia Jensen Huang took to the stage to make some significant statements about the capabilities of generative AI. He is in an especially good place to speak on generative AI as the California-based tech firm that he leads has made $6 billion in profit due to its AI offerings. Now, it's joining Microsoft to bring new innovations. Check out what Huang said about generative AI.Nvidia's statement of generative AIGenerative AI has just started emerging in creating original content in terms of text, images, music, and more. More capabilities and advancements of the technology are yet to be explored. ...