Nvidia CEO Jensen Huang: We are at the beginning of a new industrial revolution

CNBC Television
12 Sept 202408:01

Summary

TLDRIn a White House meeting with tech CEOs, NVIDIA's Jensen Huang discussed the dawn of an AI-driven industrial revolution, emphasizing the need for public-private collaboration to address the energy-intensive nature of AI. He highlighted AI's potential to revolutionize industries, reduce costs, and save energy. Huang also touched on the importance of stable policies for export controls, supply chain resilience, and the company's commitment to compliance. He expressed trust in the administration's nuanced approach to complex issues like tariffs and tax rates, without taking a stance on the 2024 election, focusing instead on NVIDIA's technological advancements and the upcoming Blackwell production.

Takeaways

  • 🤖 The White House convened a meeting with top tech CEOs to discuss the future of AI, emphasizing the beginning of a new industrial revolution focused on producing intelligence.
  • 💡 Jensen Huang of NVIDIA highlighted the importance of energy, computer science, and large computing systems in the growth of AI, suggesting a need for public and private collaboration.
  • 🔋 AI is acknowledged for its high energy consumption during training but also for its potential to save energy in various applications, such as healthcare, climate technology, and power grid management.
  • 🌐 Huang expressed confidence in the Biden administration's commitment to fostering an environment for AI growth, noting their determination to act swiftly and decisively.
  • 💸 There was a discussion about the necessity of federal investment alongside private investment to support the rapid growth of the AI industry.
  • 🏛️ The U.S. is striving to be competitive in AI with China and other nations, with the administration showing a strong intent to lead in this field.
  • 💼 Jensen Huang did not express a preference for any particular candidate in the 2024 election, focusing instead on the stability and adaptability of policies to support the tech industry.
  • 📉 The interview touched on export controls and national security, with Huang advocating for a nuanced approach that balances industry growth with security concerns.
  • 💵 On the topic of tariffs, Huang stated that NVIDIA serves a global clientele and trusts the administration to make nuanced decisions that consider the complexity of international trade.
  • 💹 Regarding corporate tax rates, Huang expressed that NVIDIA would support whatever rates are decided, showing a willingness to contribute through taxes to the country that nurtured its growth.
  • 🚀 NVIDIA is gearing up for the production of 'Blackwell,' a new generation of technology that aims to significantly increase performance and reduce the cost of AI and computing.

Q & A

  • What was the main topic of the meeting at the White House?

    -The main topic of the meeting was Artificial Intelligence (AI), discussing its growth, opportunities, and challenges, as well as the need for public and private collaboration in this field.

  • What did Jensen Huang discuss regarding the new industry called AI factories?

    -Jensen Huang discussed that AI factories are part of a new industrial revolution focused on producing intelligence. He emphasized the need for energy, computer science, and large computing systems, and the importance of addressing the challenges and opportunities efficiently and scalably.

  • What is Jensen Huang's view on the necessity of federal investment in AI?

    -Jensen Huang believes there will likely be a need for public/private collaboration due to the high growth rate of AI. He suggests that while AI consumes a lot of energy for training, it also has the potential to save energy in various applications.

  • How does Jensen Huang perceive the U.S.'s competitiveness in AI compared to China and other countries?

    -Jensen Huang commends the current administration's determination to be proactive and fast in advancing AI, indicating confidence in the U.S.'s efforts to maintain competitiveness.

  • What is NVIDIA's stance on export controls and national security?

    -NVIDIA supports a balanced approach to export controls and national security, aiming for U.S. industries to be vibrant and to export American standards globally while safeguarding national security.

  • What is Jensen Huang's opinion on the potential impact of tariffs on NVIDIA's business?

    -Jensen Huang did not express a specific opinion on tariffs but mentioned that NVIDIA serves a global clientele across various industries and trusts that the administration will make nuanced decisions.

  • Does Jensen Huang have a preference for a particular candidate in the 2024 election?

    -Jensen Huang did not endorse any specific candidate, focusing instead on NVIDIA's commitment to technology development and support for whichever administration is in power.

  • What is NVIDIA's position on corporate tax rates?

    -NVIDIA is open to whatever the corporate tax rates may be, expressing a willingness to pay back through taxes as they were built in America and have benefited from its infrastructure and support.

  • What is NVIDIA's next major project mentioned in the transcript?

    -NVIDIA is gearing up for the production of their next generation, Blackwell, which aims to significantly increase performance and reduce the cost of computing and AI.

  • How does Jensen Huang view the role of stability in policy for NVIDIA and the tech industry?

    -Jensen Huang emphasizes the importance of stable policies for the tech industry, especially in export controls, and appreciates the challenges faced by the administration in adapting to a rapidly changing environment.

Outlines

plate

Dieser Bereich ist nur für Premium-Benutzer verfügbar. Bitte führen Sie ein Upgrade durch, um auf diesen Abschnitt zuzugreifen.

Upgrade durchführen

Mindmap

plate

Dieser Bereich ist nur für Premium-Benutzer verfügbar. Bitte führen Sie ein Upgrade durch, um auf diesen Abschnitt zuzugreifen.

Upgrade durchführen

Keywords

plate

Dieser Bereich ist nur für Premium-Benutzer verfügbar. Bitte führen Sie ein Upgrade durch, um auf diesen Abschnitt zuzugreifen.

Upgrade durchführen

Highlights

plate

Dieser Bereich ist nur für Premium-Benutzer verfügbar. Bitte führen Sie ein Upgrade durch, um auf diesen Abschnitt zuzugreifen.

Upgrade durchführen

Transcripts

plate

Dieser Bereich ist nur für Premium-Benutzer verfügbar. Bitte führen Sie ein Upgrade durch, um auf diesen Abschnitt zuzugreifen.

Upgrade durchführen
Rate This

5.0 / 5 (0 votes)

Ähnliche Tags
AIWhite HouseTech CEOsEnergy EfficiencyPublic-Private PartnershipIndustry RevolutionNVIDIAExport ControlsEconomic PolicyInnovation
Benötigen Sie eine Zusammenfassung auf Englisch?