Jensen Huang, CEO of Nvidia Corp, believes that the cost of developing artificial intelligence will remain significantly lower than the $7 trillion that Sam Altman is reportedly fundraising. Huang spoke at the World Government Summit in Dubai, where he emphasized that simply buying more computers is not the only factor to consider. Instead, it is important to anticipate that computers will become faster, reducing the overall amount required for AI development.
As a leader in the chip industry and maker of highly sought-after AI accelerators, Huang is optimistic about the industry’s ability to drive down the cost of AI as these components continue to be made faster. He believes that advances in computing over the next few years will contribute significantly to this goal.
Huang’s confidence in the future of AI development is rooted in both his knowledge of computer speed and advancements in chip technology. He believes that these factors will play a significant role in keeping the cost of AI development manageable in the coming years.