Sam Altman's $7 Trillion Chip Dreams Are Way Off the Mark, Says Nvidia CEO

Jensen Huang took an indirect jab at Sam Altman when he said $7 trillion can buy "apparently all the GPUs." From a report: The Nvidia CEO made the quip at the World Governments Summit in Dubai on Monday when asked how many GPU chips that much money could buy. Altman, the OpenAI chief, is reportedly trying to raise trillions to boost supplies of the chips needed for AI processing. Huang told the United Arab Emirates' AI minister, Omar Al Olama, that developing AI wouldn't cost as much as the amount Altman is seeking to raise. The Nvidia CEO said AI infrastructure costs would be considerably less than the $5 trillion to $7 trillion Altman is reportedly trying to raise because of expected advances in computing. "You can't assume just that you will buy more computers. You have to also assume that the computers are going to become faster and therefore the total amount that you need is not as much," Huang said. He also suggested that the cost of building AI data centers globally would amount to $2 trillion by 2029. Huang said: "There's about a trillion dollars' worth of installed base of data centers. Over the course of the next four or five years, we'll have $2 trillion worth of data centers that will be powering software around the world."

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