Source: Wall Street News
After AI became popular since the beginning of this year, the stock price of AI chip A100 manufacturer Nvidia has been rising steadily. Recently, the company's CEO, Huang Renxun, spoke about Silicon Valley startups. Nvidia also has many A100 chips. He said that for AI, now is the industry's iPhone time.
When talking about whether Nvidia can anticipate today's highlights for the AI industry, Wong In-hoon said that he did not anticipate everything today, nor did he regard Nvidia's success as luck. He said:
What I envision is to accelerate the development of computers, not AI.
We've made a lot of great decisions, including building a platform and making it possible for everyone to connect to it, connect with research universities around the world, etc.
We just believe that someday, something new will always come out.
Hwang In-hoon said that about five years ago, when Nvidia produced its first super AI chip, he personally handed this chip over to ChatGPT's developer OpenAI. This is also the first such chip in the world.
Today, ChatGPT is taking the world by storm. When asked if Nvidia is the core company powering the AI era, Hwang In-hoon said:
We are the engine of global AI. Thanks to the right decisions we made about ten years ago and our wholehearted investment in this field, Nvidia now has contributions in every cloud, every country, and every field of research.
More than 35,000 companies around the world — whether tech giants or startups — are using our products to develop artificial intelligence in fields ranging from consumer internet and bioscience to robot development.
When talking about OpenAI, Hwang In-hoon did not hesitate to say his words of praise:
When I first met their team, I knew they were determined to make a career in AI. They've been working in this field for five years, and they're a great team.
Regarding Silicon Valley, when many startups are boasting about how many A100 chips they have to support their AI plans, Hwang In-hoon said:
I have more A100s here. Buy them, everyone can win. It's a win-win situation.
For today's entrepreneurs, starting a business now involves entrepreneurs and AI, and the superAI computer powered by the A100 chip will be your startup partner. The algorithms, huge data, etc. in it will all be part of the entrepreneurial plan. This is a major transformation, and it will also be a watershed moment for the AI industry.
For the AI industry, the iPhone moment is very much like a mobile phone; it is a revolutionary moment of transformation.
Outsiders generally believe that Nvidia's AI system is so expensive that only tech giants can afford it. But Hwang In-hoon said:
That's not the case. The current price is 100 million US dollars for an AI data center, but it can be used by 100 companies together, so these costs are basically a dime for these companies.
Moreover, from the perspective of chip development, we spent 2 to 3 billion US dollars to develop the A100 AI chip. Not to mention the cost of hiring chip foundries to manufacture these chips and using these chips for large-scale language model training.
The more critical point is that, according to Hwang In-hoon, now everyone can write programs directly in the language we communicate with on a daily basis without using a professional programming language. For the first time, the threshold for writing programs has been drastically lowered:
This is the first time in our generation that technology is truly within everyone's reach. It's not just about using technology, it's about developing technology.
He suggested that everyone can use the convenience of AI to make their work more efficient.
Since this year, Nvidia's stock price has increased by about 80% cumulatively.
Editor/jayden