Nvidia CEO Talks About AI
Nvidia Corporation, popularly known to gamers as Nvidia, is an American technology company incorporated in Delaware and based in Santa Clara, California. It designs graphics processing units (GPUs) for the gaming and professional markets, as well as system on chip units (SoCs) for the mobile computing and automotive market. With the belief that the PC one day would become a consumer device for enjoying games and multimedia, NVIDIA was founded by Jensen Huang, Chris Malachowsky and Curtis Priem. At the time, there were more than two dozen graphics chips companies, a number that would soar to 70 three years later.
Preventing disease. Building smart cities. Revolutionizing analytics. These are just a few things happening today with AI, deep learning, and data science, as teams around the world started using NVIDIA GPUs. Today, these technologies are empowering organizations to turn moonshots into real results. The world of computing is experiencing an incredible change with the introduction of deep learning and AI. Deep learning relies on GPU acceleration, both for training and inference.
Nvidia CEO Jensen Huang said that AI would drive long-term demand because it is the “single most powerful force of our time.” Nvidia's data center business, which revolves around server GPUs optimized for artificial intelligence and other workloads, dropped 14 percent in the second quarter from the same period while year while growing a modest 3 percent sequentially to $655 million.
The future isn’t crystal clear as to when AI will overtake gaming revenues at Nvidia. It’s a tough question, Huang said. One reason is that there is some blurring happening, as people who are gamers are buying the RTX Studio laptops to compress images and create content — a kind of AI task.
However Huang stated that the several thousands of AI startups are using AI platforms to develop applications in the cloud, and they are turning around and providing these applications to big companies in critical industries like retail, banking, cybersecurity, delivery robots, and others.