Nvidia CEO: Embrace AI's Long Game, Not Just ROI

Nvidia Chief Executive Officer Jensen Huang has advised business leaders to embrace a long-term vision for artificial intelligence, likening its adoption to the Industrial Revolution.

Speaking at the HumanX conference in San Francisco, Huang encouraged open-mindedness and experimentation with AI technologies. He suggested that an immediate focus on return on investment could hinder serendipitous discoveries and long-term innovation.

Huang's perspective is particularly noteworthy given Nvidia's leading role in AI chip manufacturing, with the company experiencing significant revenue growth. Despite this success, he acknowledges the importance of navigating capitalism's challenges.

While companies like OpenAI and Anthropic report substantial revenue growth, the ultimate profitability of AI investments remains a key question. Projections suggest that out of 135 companies developing AI processors, only about 25 will likely survive until 2030.

Separately, Intel secured a commitment from Alphabet's Google for future data center chips, while OpenAI highlighted its computing capacity advantage over rivals. SpaceX's Starlink terminals have also reportedly aided internet access in Iran during a government-imposed blackout.