The European Union invests far less in artificial intelligence than the US and China, and that needs to change, Nvidia boss Jensen Huang believes.
According to Nvidia CEO Jensen Huang, the European Union urgently needs to invest more in AI to accelerate the development of the technology. “Every country realizes that data is a national resource,” he said in Copenhagen. Huang believes Europe needs to invest in AI hardware to close that gap, specifically Nvidia GPUs. He came to present the new supercomputer Gefion in the Danish capital.
Legally in order
Although Europe ranks third in terms of investment, European states were among the first to establish strict AI legislation. Therefore, larger companies are more reluctant to bring their products to Europe. In terms of development, European companies such as Mistral and Aleph Alpha are being overtaken. According to a study, Europe’s GDP could rise to 1.4 trillion euros if they use more AI.
Nvidia is the world leader in making GPUs, which are in high demand because they are used in AI hardware. OpenAI’s ChatGPT, for example, was created thanks to thousands of Nvidia GPUs. The Gefion supercomputer is also powered by 1,528 Nvidia graphics cards. Denmark plans to use the supercomputer to discover drugs, diagnose and treat the sick, and solve other complex challenges in the biomedical world.
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Jensen Huang also had happy news to share in Copenhagen. A design flaw that delayed production of the Blackwell chips has finally been resolved. Nvidia can finally begin scaling up production and plans to complete first deliveries starting in the fall quarter.