Jensen Huang, CEO of Nvidia Corp., believes that the cost of developing artificial intelligence will remain significantly below the $7 trillion Sam Altman is reportedly fundraising. Huang spoke at the World Government Summit in Dubai and emphasized that while buying more computers is not the only factor to consider, it is also important to anticipate that computers will become faster. As the maker 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 the future of AI development comes from both advances in computing and improvements 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.