Jensen Huang, chief executive officer (CEO) of artificial intelligence (AI) giant Nvidia, has revealed that six years ago Prime Minister Narendra Modi had asked him to address his cabinet on AI, said a report by India Today. “About 6 years ago, when I first met Modi Ji, he asked me to meet his cabinet and … Read more
After a long hiatus, Bertie found himself back in the land of his beloved Queen—may her soul rest in peace. Ever a creature of habit, even on vacation, Bertie continued his routine of reading the country’s leading financial daily. Labour had recently secured a historic landslide victory, so he expected jubilant headlines, brimming with optimism. … Read more
New Delhi: If Bhavish Aggarwal, founder of now-listed Ola Electric, is known to dream big, his newest ambition is audacious by even his standards: to build “India’s first AI (artificial intelligence) chips” in four years. Such a plan would thrust Aggarwal, who is likened to Elon Musk for his public persona, into an industry with … Read more
In 2023 Apple released the iPhone 15 Pro, powered by the a17 bionic chip, with 19bn transistors. The density of transistors has doubled 34 times over 56 years. That exponential progress, loosely referred to as Moore’s law, has been one of the engines of the computing revolution. As transistors became smaller they got cheaper (more … Read more
Mr Pichai is not alone. New Street Research, a firm of analysts, estimates that Alphabet, Amazon, Meta and Microsoft will together splurge $104bn on building AI data centres this year. Add in spending by smaller tech firms and other industries and the total AI data-centre binge between 2023 and 2027 could reach $1.4trn. The scale … Read more
Nasty, brutish and short, more like. Talk to utilities and data-centre operators and, though many share Mr Altman’s excitement about artificial intelligence (AI), they are grappling with an energy conundrum on which the future of three big economic shifts partly hinges: the AI revolution; the efforts to electrify swathes of the economy; and the fight … Read more
And yet many investors are betting the rally in the world’s most valuable chipmaker still has room to run. For more than a year, Nvidia has sailed past earnings and share-price expectations. On Sunday, the company announced plans for new chips to stay ahead of the competition. On Monday, Bank of America analysts lifted their … Read more
The relentless stream of AI headlines makes it hard to get a sense of which businesses are real winners in the AI boom—and which will win in the longer run. To help answer this question The Economist has looked where value has accrued so far and how this tallies with the expected sales of products … Read more