All posts tagged: gtc 2024

Nvidia CEO wants enterprise to think ‘AI factory,’ not data center

Nvidia CEO wants enterprise to think ‘AI factory,’ not data center

[ad_1] In Monday’s keynote at Nvidia’s GTC 2024 event, CEO Jenson Huang kept repeating the phrase “AI factory.” “In the last Industrial Revolution, the raw material that went into the factory was water,” Huang told TechCrunch in an interview after the keynote. “And the product was electricity.” He was comparing this — turning raw material into something else that have value — to the notion of data centers, which are purely money pits. “There’s a new Industrial Revolution happening in these [server] rooms: I call them AI factories,” Huang said. “The raw material that goes in is data and electricity. What comes out of it is data tokens. The token is invisible and will be distributed all over the world. It’s very valuable.” The distinction makes a lot of sense in a world where Nvidia benefits tremendously if it can persuade companies to think of data centers and AI tools in a different way. “The last time, data centers went into your company’s cost centers and capital expenditure. You think of it as cost. However, …

Nvidia’s keynote at GTC held some surprises

Nvidia’s keynote at GTC held some surprises

[ad_1] SAN JOSE — “I hope you realize this is not a concert,” said Nvidia President Jensen Huang to an audience so large, it filled up the SAP Center in San Jose. This is how he introduced what is perhaps the complete opposite of a concert: the company’s GTC event. “You have arrived at a developers conference. There will be a lot of science describing algorithms, computer architecture, mathematics. I sense a very heavy weight in the room; all of a sudden, you’re in the wrong place.” It may not have been a rock concert, but the the leather-jacket wearing 61-year old CEO of the world’s third-most-valuable company by market cap certainly had a fair number of fans in the audience. The company launched in 1993, with a mission to push general computing past its limits. “Accelerated computing” became the rallying cry for Nvidia: Wouldn’t it be great to make chips and boards that were specialized, rather than for a general purpose? Nvidia chips give graphics-hungry gamers the tools they needed to play games in …