All posts tagged: Jensen Huang

Trump in China: Who’s joining him in Beijing – and who isn’t

Trump in China: Who’s joining him in Beijing – and who isn’t

Published by Sam Flores

A photo of Rubio aboard Air Force One released by the White House, which showed him lounging in a grey Nike track suit, drew online attention – with social media users comparing the outfit to what ousted Venezuelan president Nicolas Maduro wore when US forces snatched him in January. Chinese officials said on Tuesday that Rubio would not be barred from entering China. “The sanctions target Mr Rubio’s words and deeds when he served as a US senator concerning China,” said Chinese embassy spokesman in the US Liu Pengyu. Other Cabinet members joining Trump on his visit to China include US Trade Representative Jamieson Greer and White House Deputy Chief of Staff Stephen Miller. TECH AND BIG FINANCE NAMES Adding to the line-up are Tesla CEO Elon Musk and Apple CEO Tim Cook, along with GE Aerospace CEO Larry Culp and Boeing CEO Kelly Ortberg. Jensen Huang, CEO of Nvidia, has also joined Trump’s delegation. Huang had not been on the White House’s initial list of travelling executives and was spotted boarding Air Force One …

ASML CEO Christophe Fouquet: No one is coming for us

ASML CEO Christophe Fouquet: No one is coming for us

Published by skeptic

Every time you use AI, you are, in some small way, depending on a 42-year-old, 44,000-person Dutch company that spends €4.5 billion each year to advance its technology. ASML, headquartered in the Netherlands, makes the machines that make the chips that make AI possible. More specifically, it makes the only machines in the world capable of printing the microscopic patterns on silicon wafers that define the most advanced semiconductors — a process called extreme ultraviolet lithography, or EUV. The machines are roughly the size of a school bus, take months to assemble, involve hundreds of suppliers, and cost anywhere from $200 million to upwards of $400 million apiece depending on the generation (prices that give even ASML’s biggest customers pause occasionally). That monopoly has made ASML the most valuable company in Europe, worth over $530 billion. And with the four largest American tech companies — Microsoft, Meta, Amazon and Google — committing more than $600 billion in AI infrastructure spending this year alone, demand for ASML’s machines has surged to the point where the company …

As workers worry about AI, Nvidia’s Jensen Huang says AI is ‘creating an enormous number of jobs’

As workers worry about AI, Nvidia’s Jensen Huang says AI is ‘creating an enormous number of jobs’

Published by skeptic

When it comes to the specter of AI’s labor-displacing potential, Jensen Huang thinks that the American worker has nothing to fear. During a conversation Monday night with MSNBC’s Becky Quick hosted by the Milken Institute — an economic policy think tank, the jovial Nvidia CEO said that AI was an industrial-scale generator of jobs, not the harbinger of mass unemployment that so-called “AI doomers” have often accused it of being. A number of different topics were broached during the talk, but a central theme that kept coming back was the ongoing economic anxiety surrounding the AI industry and whether it was something Americans should be legitimately worried about. At one point Quick noted: “This is happening so quickly. Is there a bigger dislocation than we’ve seen in the past that leads to greater inequality? And what do we do about that?” Throughout the night, Huang struck an optimistic note. “AI creates jobs,” Huang asserted during the discussion, adding that “AI is [the] United States’ best opportunity to re-industrialize” itself. Huang noted that the AI industry …

At ‘AI Coachella,’ Stanford Students Line Up to Learn From Silicon Valley Royalty

At ‘AI Coachella,’ Stanford Students Line Up to Learn From Silicon Valley Royalty

Published by skeptic

As thousands of influencers descended on southern California earlier this month for the annual Coachella Music Festival, a very Silicon Valley program dubbed “AI Coachella” was taking shape a few hundred miles north in Palo Alto. The class, CS 153, is one of Stanford’s buzziest offerings this semester, and like the music festival, it features a star-studded lineup of celebrities—in this case, not pop artists, but Big Tech CEOs. The course is co-taught by Anjney Midha, a former Andreessen Horowitz general partner, and Michael Abbott, Apple’s former VP of engineering for cloud services. The list of guest lecturers reads like a Signal group chat many VCs would pay to join: OpenAI CEO Sam Altman, Nvidia CEO Jensen Huang, Microsoft CEO Satya Nadella, AMD CEO Lisa Su, Anthropic philosopher Amanda Askell, and White House Senior Policy Advisor for AI Sriram Krishnan, among others. It’s the fourth year Midha and Abbott have taught some version of this class. Once registration went live this year, the class’s 500 seats quickly filled up, with dozens of students on the …

Do you want to build a robot snowman?

Do you want to build a robot snowman?

Published by skeptic

Nvidia’s GTC conference had everything: trillion dollar sales projections, graphics technology that can yassify video games, grand declarations that every company needs an OpenClaw strategy, and even a robot version of the beloved snowman Olaf from Disney’s “Frozen.” On the latest episode of TechCrunch’s Equity podcast, TechCrunch’s Kirsten Korosec, Sean O’Kane, and I recapped CEO Jensen Huang’s keynote and debated what it means for Nvidia’s future. And yes, a big part of our discussion focused on poor Olaf, whose microphone had to be turned off when he started rambling. Even if the demo had gone flawlessly, Sean might still have had some reservations, as he noted these presentations always focus on “the engineering challenges” and not the “really messy gray areas” on the social side. “But what happens when a kid kicks Olaf over?” Sean asked. “And then every other kid who sees Olaf get kicked or knocked over has their whole trip to Disney ruined and it ruins the brand?” Read a preview of our conversation, edited for length and clarity, below. Anthony: [CEO …

What happened at Nvidia GTC: NemoClaw, Robot Olaf, and a  trillion bet

What happened at Nvidia GTC: NemoClaw, Robot Olaf, and a $1 trillion bet

Published by skeptic

CEO Jensen Huang took the stage at Nvidia’s GTC conference this week in his signature leather jacket to deliver a two-and-a-half-hour keynote, projecting $1 trillion in AI chip sales through 2027, declaring that every company needs an “OpenClaw strategy,” and closing with a rambling Olaf robot that had to get its mic cut. The message was hard to miss: Nvidia wants to be foundational to everything, from AI training to autonomous vehicles to Disney parks.  On this episode of TechCrunch’s Equity podcast, Kirsten Korosec, Anthony Ha, and Sean O’Kane break down what Nvidia’s growing web of AI infrastructure partnerships actually means for startups, and discuss more of the week’s headlines.  Subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod.  Source link

Jensen Huang just put Nvidia’s Blackwell and Vera Rubin sales projections into the trillion stratosphere

Jensen Huang just put Nvidia’s Blackwell and Vera Rubin sales projections into the $1 trillion stratosphere

Published by skeptic

Nvidia CEO Jensen Huang threw out a lot of numbers — mostly of the technical variety — during his keynote Monday to kick off the company’s annual GTC Conference in San Jose, California. But there was one financial figure that investors surely took notice of: his projection that there will be $1 trillion worth of orders for Nvidia’s Blackwell and Vera Rubin chips, a monetary reflection of a booming AI business. About an hour into his keynote, Huang noted that last year Nvidia saw about $500 billion in demand for its Blackwell and upcoming Rubin chips through 2026. “Now, I don’t know if you guys feel the same way, but $500 billion is an enormous amount of revenue,” he said. “Well, I’m here to tell you that right now where I stand — a few short months after GTC DC, one year after last GTC — right here where I stand, I see through 2027, at least $1 trillion.” The Rubin computing chip architecture, which was first announced in 2024, has been described by Huang …

How to watch Jensen Huang’s Nvidia GTC 2026 keynote — and what to expect

How to watch Jensen Huang’s Nvidia GTC 2026 keynote — and what to expect

Published by skeptic

Nvidia kicks off its annual GTC developer conference in San Jose, California, on Monday with CEO Jensen Huang’s keynote scheduled for 11 a.m. PT / 2 p.m. ET. GTC — which stands for GPU Technology Conference — is Nvidia’s flagship annual event, running from March 16 to March 19. The chipmaker typically uses the spotlight to announce new products, champion partnerships, and lay out its vision for the future of computing. Huang’s keynote will focus on Nvidia’s role in the future of computing and AI. You can watch the two-hour address in person at the SAP Center or livestream the talk on the event’s website. The broader three-day event is focused on what’s coming next for AI across industries, including healthcare, robotics, and autonomous vehicles. On the software side, it’s rumored that Nvidia will release an open source platform for enterprise AI agents, dubbed NemoClaw, as originally reported by Wired. The platform would give businesses a structured way to build and deploy AI agents (software that can carry out multistep tasks autonomously) and would position …

Nvidia has another record quarter amid record capex spends

Nvidia has another record quarter amid record capex spends

Published by skeptic

Chip giant and world’s most valuable company Nvidia reported record profits in its most recent quarter on Wednesday, as demand for AI compute continues to skyrocket. “The demand for tokens in the world has gone completely exponential,” CEO Jensen Huang said on a call with analysts following the results. “I think we’re all seeing that, to the point where even our six-year-old GPUs in the cloud are completely consumed and the pricing is going up.” The company reported $68 billion in revenue in the most recent quarter, up 73% from the prior year, with $62 billion of that revenue coming from the company’s data center business. Notably, Nvidia divided the data center revenue into $51 billion in compute revenue (largely GPUs) and $11 billion in networking products like NVLink. The company reported $215 billion in revenue for the full year. As in previous quarters, the company did not report any revenue from chip exports to China, despite the recent lifting of export restrictions by the U.S. government. “While small amounts of H200 products for China-based …

As workers worry about AI, Nvidia’s Jensen Huang says AI is ‘creating an enormous number of jobs’

Nvidia CEO pushes back against report that his company’s $100B OpenAI investment has stalled

Published by skeptic

Nvidia CEO Jensen Huang said Saturday that a recent report of friction between his company and OpenAI was “nonsense.” Huang’s comments came after The Wall Street Journal published a story late Friday claiming that Nvidia was looking to scale back its investment in OpenAI. The two companies announced a plan in September in which Nvidia would invest up to $100 billion in OpenAI and also build 10 gigawatts of computing infrastructure for the AI company. However, the WSJ said Huang has begun emphasizing that the deal is nonbinding, and that he’s also privately criticized OpenAI’s business strategy and expressed concerns about competitors like Anthropic and Google. The WSJ also reported that the two companies are rethinking their relationship — though that doesn’t mean cutting things off entirely, with recent discussions reportedly focusing on an equity investment of a mere tens of billions of dollars from Nvidia. An OpenAI spokesperson told the WSJ that the companies are “actively working through the details of our partnership,” adding that Nvidia “has underpinned our breakthroughs from the start, powers …