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Nvidia boss Jensen Huang predicts computing power will increase a "millionfold" in a decade

Nov 19, 2024 - businessinsider.com
Nvidia CEO Jensen Huang predicts that the computing power driving generative AI will increase a millionfold over the next decade. This projection is based on the current annual fourfold increase in computing power. Huang's statement supports the "scaling laws" theory, which suggests that AI models improve as they gain access to more computing power and data. Nvidia, a leading company in the generative AI era, provides GPUs that offer the necessary computing power for training smarter AI models.

However, recent reports have cast doubt on these scaling laws, with some top AI labs struggling to see significant performance gains from their next-generation models. OpenAI, for example, is reportedly experiencing slower improvement rates with its upcoming AI model, Orion. Despite these concerns, Huang maintains that scaling laws apply to both AI model training and inference processes. He pledges that Nvidia will accelerate its roadmap to meet the scaling demands of training and inference and discover the next levels of intelligence.

Key takeaways:

  • Nvidia CEO Jensen Huang predicts that computing power will increase a millionfold in the next decade, which will significantly advance generative AI.
  • According to Huang, 'scaling laws' that observe how AI models improve with more computing power and data have shown predictable improvements in AI model performance.
  • However, recent reports have cast doubt on these scaling laws, with some top AI labs struggling to see strong performance gains from their next-generation models.
  • Huang addressed the uncertainty around scaling laws, stating that they apply not only to AI model training but also to 'inference', the process by which AI models respond to user queries and reason once they've been trained.
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