Generative AI: Bigger Than Mobiles and the Internet? Nvidia CEO Jensen Huang Weighs In at Microsoft Ignite!
During the annual developer’s event “Microsoft Ignite 2023,” Microsoft revealed its collaboration with Nvidia to initiate several AI projects. Nvidia’s CEO, Jensen Huang, delivered noteworthy remarks on the potential of generative AI during the event. With Nvidia’s AI offerings contributing to a $6 billion profit for the California-based tech company, Huang’s expertise in this field is highly regarded. Now, Nvidia is partnering with Microsoft to introduce fresh advancements. Discover Huang’s insights on generative AI.
Nvidia statement on generative artificial intelligence
Generative AI has just begun to create original text, images, music and other content. More features and advancements in the technology are yet to be explored. Huang said, “Generative AI is the single most significant platform change in the history of computing.”
Later in his speech, Huang added that the technology has the ability to transcend personal computers, mobile devices and the Internet itself. He clearly stated that AI could be “bigger than the Internet”. Recently, Nvidia made significant strides in the development of its generative AI chips and has made billions of dollars in profits because it was an early bird and therefore caught up with all its competitors.
A significant AI boom is now underway and all competitors are jumping on the bandwagon, the competition has intensified. The Verge reports that the company will unveil a new AI chip sometime in 2024, which is expected to further boost revenue.
In addition, Nvidia is partnering with Microsoft to bring various AI projects that include an AI foundry service that helps companies create custom generative AI models. AI capabilities have already reached various industries and now it is extending it to healthcare, entertainment and more. Huang said, “NVIDIA’s AI foundry service combines our generative AI model technologies, our LLM training expertise, and a giant-scale AI factory. We built this on Microsoft Azure so that companies around the world can connect their custom models to Microsoft’s world-leading cloud services.” Now we look forward to what the partnership will bring to the IT industry and technology business. “
