Reported about 1 year ago
NVIDIA's CEO Huang Renxun held a global press conference on June 26, 2024, during the NVIDIA shareholders' meeting in the US. Huang presented the approval of his $34 million and senior executive pay proposal, up by 60% annually. He emphasized that the Blackwell platform could become NVIDIA's and the entire computer history's most successful product. Huang also outlined upcoming AI opportunities in robotics and sovereign AI fields, potentially automating a $50 trillion heavy industry sector. Huang expressed pride in NVIDIA's AI chips providing low costs and robust supply chains, foreseeing Blackwell's adoption by major cloud service factories and leading AI companies like Amazon, Google, Meta, Microsoft, OpenAI, Tesla, and SpaceX's xAI. Huang highlighted the next AI wave worth $50 trillion in the heavy industry sector through robotics and sovereign AI, benefiting NVIDIA. Huang's focus on AI's next growth opportunities signifies a significant advancement in automation for the industry.
Source: YAHOO