Nvidia CEO Says Tech Advances Will Keep AI Cost in Check

  • Jensen Huang downplays reported $7 trillion fundraising for AI
  • He sees AI data centers doubling in scale over five years

Jensen Huang

Photographer: Lam Yik Fei/Bloomberg
Lock
This article is for subscribers only.

Nvidia Corp. Chief Executive Officer Jensen Huang anticipates advances in computing over the next few years will keep the cost of developing artificial intelligence well below the $7 trillion that Sam Altman is said to be fundraising.

“You can’t assume just that you will buy more computers. You have to also assume that the computers are going to become faster and therefore the total amount that you need is not as much,” Huang told the World Government Summit in Dubai on Monday. The 60-year-old’s company makes the most sought-after AI accelerators and he’s confident the chip industry will drive down the cost of AI, as those parts are made “faster and faster and faster.”