Jensen Huang "AI compute demand surges… fierce competition over computing resources"

Jensen Huang, Nvidia's chief executive officer (CEO), said that the demand for compute resources is rapidly increasing due to advances in artificial intelligence (AI) technology.

At the Nvidia Live event held in Las Vegas, U.S., on the 6th (local time), Jensen Huang said, "The amount of computation required for AI is exploding, and accordingly demand for Nvidia GPUs is also surging," adding, "Who can compute faster will determine who can reach the next technological stage first."

He added, "Everyone is competing to move to the next stage, and ultimately this is a computing problem."

This increase in AI compute demand is also affecting the Bitcoin mining industry. As the Bitcoin network's mining difficulty has steadily risen in recent years, some mining companies have chosen strategies of converting to or running AI compute businesses using data centers and power infrastructure. If demand for AI computation expands further, this trend could accelerate.

Meanwhile, Jensen Huang also mentioned the next-generation AI semiconductors 'Rubin' and 'Vera' chips. He said, "Both products are currently in mass production, and launches are proceeding on schedule," and "Rubin and Vera were designed to work together and could provide about five times the AI compute performance compared to the previous generation."