AI is coming for every company, says Nvidia’s boss
Jensen Huang says Europe needs to ramp up its AI industry, from data centres to chatbots and other apps.
Nvidia's CEO, Jensen Huang, emphasized during a visit to Stockholm that AI will eventually become a crucial component for all companies. He urged Europe to accelerate the growth of its AI industry, stating that every single company will be an AI company eventually and that every industry will be affected by AI.
During the event, Huang highlighted the importance of Europe building the entire AI technology stack, from data centers to chatbots and other applications. He pointed out that his company has invested a substantial amount in Europe over the past year, emphasizing their strategic investments in various parts of the ecosystem, including high-quality companies that could contribute to its development.
Specific examples of investments include British data centre and AI cloud provider Nscale and Dutch cloud provider Nebius. Huang reiterated that they have already invested US$8 billion in Europe and have plans to invest another couple of billion dollars in the pipeline. The purpose of these investments is to help create and strengthen the AI ecosystem in Europe.
Huang's visit to Stockholm was also marked by the launch of Sferical One, a Swedish supercomputer using Nvidia chips that will maintain sensitive Swedish data and expertise within the country. While in Sweden, Volvo Cars announced an expansion of its partnership with Nvidia to enhance safety technology in their planned self-driving vehicles.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- AI is coming for every company, says Nvidia’s boss freemalaysiatoday.com
