Nvidia Corp. CEO Jensen Huang is optimistic about the future of artificial intelligence development, stating that the cost of developing AI will remain well below $7 trillion, despite reports of Sam Altman fundraising for this amount. Huang believes that advances in computing over the next few years will contribute to this, with faster computers reducing the total amount needed for AI development.
At the World Government Summit in Dubai, Huang emphasized that simply buying more computers is not enough to consider. Instead, it’s crucial to anticipate that computers will become faster, which will reduce the overall amount required. As a manufacturer of the most sought-after AI accelerators, Huang is optimistic about the chip industry’s ability to drive down the cost of AI as these components continue to be made faster.
Huang’s confidence in AI development comes from two factors: firstly, the ever-increasing speed of computers and secondly, advancements in chip technology. He believes that these factors will play a significant role in keeping AI development costs manageable in the coming years.