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Nvidia CEO Jensen Huang Says AI Is Skyrocketing Demand For GPUs

Cointelegraph
Nvidia CEO Jensen Huang stated that AI advancement is causing skyrocketing demand for GPUs and computing resources.

Summary

During an Nvidia live event in Las Vegas, CEO Jensen Huang highlighted that the rapid advancement of artificial intelligence models is causing the necessary computation and demand for Nvidia GPUs to "skyrocket" annually as models increase by an order of magnitude. He characterized the AI sector as an "intense race" where faster computation accelerates reaching the next technological frontier. Huang also confirmed that the next-generation Rubin Vera chips, designed to work together, are in full production and will deliver five times greater AI computing performance than previous models. The surging demand for AI computing power may further incentivize Bitcoin mining companies, which have already begun pivoting to the AI sector, to maximize their resources in this area.

(Source:Cointelegraph)