Nvidia Corp. CEO Jensen Huang believes that the cost of developing artificial intelligence will remain significantly lower than the $7 trillion that Sam Altman is reportedly fundraising. He is confident that advances in computing over the next few years will contribute to this, with faster computers reducing the total amount needed for AI development.
Huang emphasized this point while speaking at the World Government Summit in Dubai, where he emphasized that simply buying more computers is not enough to consider. Instead, it is important to anticipate that computers will become faster, reducing the overall amount required. As the maker of the most sought-after AI accelerators, he 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 the future of AI development is rooted in both his experience as a chip industry leader and his belief in technological advancements. He believes that these factors will play a significant role in keeping the cost of AI development manageable in the coming years.