Nvidia CEO Predicts Surge in Demand as Nations Pursue Custom AI Solutions

Nvidia CEO Predicts Surge in Demand as Nations Pursue Custom AI Solutions


Nvidia Corp. CEO Jensen Huang believes that⁤ the increasing demand for the company’s products‍ will be driven by countries worldwide aiming to develop and operate their own artificial ⁢intelligence infrastructure domestically. According to Huang, nations such as India, Japan, France,⁤ and Canada are emphasizing the significance of investing in “sovereign AI⁢ capabilities” and refining their natural resource, ⁤data, for their ‍own country. This recognition of sovereign AI capabilities ‌is a global trend, ‌as stated⁢ in an interview with Bloomberg⁤ Television. During the interview, Huang was in Canada, a⁣ country with ​academic institutions‍ that have made significant contributions to‌ generative AI systems, leading to a growing need for supercomputers to leverage the⁤ work of its academics.

Huang’s insights shed light ​on the increasing ‍importance of AI infrastructure and the‌ potential for growth in ⁢demand for Nvidia’s products.

2024-02-01 21:11:17
Post from‌ finance.yahoo.com

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