Oct 14, 2024, 5:45 AM
Oct 14, 2024, 5:45 AM

Nvidia CEO praises OpenAI as key player in AI revolution

Highlights
  • Jensen Huang praised OpenAI for its rapid growth and influence during a podcast on October 13, 2024.
  • He highlighted OpenAI's valuation of $157 billion and projected revenues of $5 billion this year, with potential growth to $10 billion next year.
  • Huang concluded that OpenAI's advancements in AI, particularly through ChatGPT, have made it one of the most consequential companies in the tech industry.
Story

In a recent episode of the Bg2 Pod, Nvidia CEO Jensen Huang expressed his admiration for OpenAI, highlighting its significant influence on the tech industry. The discussion, which took place on October 13, 2024, featured insights from Altimeter Capital's CEO Brad Gerstner and partner Clark Tang. Huang noted OpenAI's impressive growth, including a valuation of $157 billion and projected revenues of $5 billion this year, potentially doubling next year. He compared OpenAI's current status to Google's at the time of its IPO, emphasizing its rapid progress and impact across various sectors. Huang attributed the 'awakening of AI' to the launch of ChatGPT, underscoring the transformative effects of AI on businesses and education. He concluded by praising OpenAI's commitment to advancing the field of artificial intelligence, marking it as one of the most consequential companies of our time.

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