Nvidia, On Its Way to $1 Trillion Market Value, Just Confirmed That AI Hype Is Real

TheStreet.com

4 days ago

Nvidia CEO Jensen Huang said generative AI is now becoming "the primary workload of most of the world's data centers generating information".

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Nvidia, who is on their way to becoming the first company to reach a market value of one trillion dollars, recently confirmed that the hype surrounding AI technology is a reality, and that its growth is only beginning to scratch the surface. The company’s CEO Jen-Hsun Huang stated that AI technology is “a new kind of compute that’s driving the world”, and that they are “in the middle of the greatest technological transformation the world has ever seen”. Nvidia’s AI technology has been used in several applications, such as autonomous driving, healthcare, and cloud computing, and the company hopes to continue to be at the forefront of this technology.

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