Nvidia’s AI chips can't be beaten, even if they're free

Stefan Mileschin · 12th March 2024, 06:46

Jensen Huang gets overenthusiastic.

Nvidia boss Jensen Huang has boasted that his firm's chips are "so good that even when the competitor's chips are free, it's not cheap enough."

At the 2024 SIEPR Economic Summit, Huang was asked by former Stanford University economics professor John Shoven if he was worried about cheaper competition (see video below).

Huang said Nvidia has more competition than anyone on the planet, and some of Nvidia's customers were trying to make their chips. Generally, Nvidia “helps them out” by telling them what's coming next from Nvidia, he said.

Huang might have overegged the pudding with his subsequent claim that Nvidia is a "completely open book." Recently, the outfit was accused of running a GPU Cartel, with customers scared to talk to other GPU makers for fear of losing their orders. A group of companies is also trying to get rid of Nvidia's CUDA software, which is used by most AI developers.

https://fudzilla.com/news/graphics/5...f-they-re-free

12th March 2024, 06:46	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,618	Nvidia’s AI chips can't be beaten, even if they're free Jensen Huang gets overenthusiastic. Nvidia boss Jensen Huang has boasted that his firm's chips are "so good that even when the competitor's chips are free, it's not cheap enough." At the 2024 SIEPR Economic Summit, Huang was asked by former Stanford University economics professor John Shoven if he was worried about cheaper competition (see video below). Huang said Nvidia has more competition than anyone on the planet, and some of Nvidia's customers were trying to make their chips. Generally, Nvidia “helps them out” by telling them what's coming next from Nvidia, he said. Huang might have overegged the pudding with his subsequent claim that Nvidia is a "completely open book." Recently, the outfit was accused of running a GPU Cartel, with customers scared to talk to other GPU makers for fear of losing their orders. A group of companies is also trying to get rid of Nvidia's CUDA software, which is used by most AI developers. https://fudzilla.com/news/graphics/5...f-they-re-free

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