Jensen Huang, the president of Nvidia, affirmed that artificial intelligence will make significant progress surpassing human capabilities in the upcoming five years according to his statement.
Huang made his remarks during his speech at the annual DealBook summit organized by the American newspaper The New York Times.
Huang believes there is intense competition among ready-made artificial intelligence tools that companies will tailor to their needs, ranging from chip design and software development to drug discovery and radiology.
Huang said: “If general artificial intelligence is defined as a computer system capable of completing tests competitively to some extent against human intelligence, then we will witness AI solving these tests within the next five years.”
Nvidia’s activities have expanded due to the high demand for high-powered Graphics Processing Units (GPUs), which are essential for training AI models and handling heavy workloads in industries like automotive, architecture, electronics, engineering, and scientific research, as well as OpenAI’s ChatGPT.
Revenues tripled in the third fiscal quarter for Nvidia, while net income rose to $9.24 billion from $680 million in the previous year.
Regarding the recent turmoil within OpenAI, the restructuring of its board, the dismissal and subsequent reinstatement of CEO Sam Altman, Huang stated that he expects things to calm down.
