TECH NEWS – Jensen Huang, CEO of Nvidia, touched on several topics in an interview (with Altimeter Capital), including praise for Elon Musk.

According to Huang, each of the applications (Microsoft Office, Adobe Photoshop and Premier, or AutoCAD were cited as examples) will have a high level of machine learning, and on top of that, there will be machines and agents to help you use them. According to the CEO of Nvidia (whose value is already higher than Intel’s!), this should be treated as a fact. Huang believes that the interest around Nvidia is nowhere near the level that was around Cisco at the height of the dot-com bubble in the early 2000s, because he believes that Nvidia is reinventing computing.

He added that the era of Moore’s Law is also behind us, and therefore servers will need $1 trillion of GPUs in the next 4-5 years to keep computing power in data centers up to speed with future compute-intensive software! We can already see this, as we recently wrote about one of Nvidia’s AI servers that costs at least (!) $500,000!

A third short snippet that got a lot of attention was about Elon Musk. According to xAI, Musk’s AI company was able to assemble the Nvidia hardware in such a way that the data center was up and running in 17 days, whereas it usually takes longer: “Just building a massive factory, liquid-cooled, powered, allowed in the short time that was done… I mean, that’s, like, superhuman. Yes, there is. And as far as I know there’s only one person in the world who could do that. You know, I mean, Elon is unique in this understanding of engineering and construction and large systems and marshaling resources,” Huang said.

With that in mind, it’s no wonder Nvidia’s stock is at a record high of nearly $141 (and it could go higher, as Blackwell’s architecture could be a game changer for the “greens”).

Source: WCCFTech

“Moore’s Law has largely ended.”

Jensen Huang on why Nvidia will replace ONE HUNDRED PERCENT of the $1 trillion CPU-based data center TAM with GPU.

“We’ve reinvented computing, we’re not going back.

“Imagine you have $50B of CapEx to spend:

“Option A, Option B; build CapEx… https://t.co/NG9KgX5XCZ pic.twitter.com/xbXqG5uKYC

— Compound248 💰 (@compound248) October 13, 2024

Nvidia CEO Jensen Huang talking about xAI and Elon Musk pic.twitter.com/tPrwPzWozO

— Evan (@StockMKTNewz) October 13, 2024