Oct 24 (Lagos) - Jensen Huang, CEO of the world's most important Company at the moment, NVIDIA is currently on a visit to India where the Company maintains a huge manufacturing presence. The Company has now signed deals with some of India's biggest Companies to develop AI infrastructure in the Country. He met with Mukesh Ambani CEO of India's biggest Company Reliance Group.
Huang met with India's PM Modi last month in New York and said this today about what he discussed with him last month. This is what Huang said. “During my last meeting with PM Modi, he said something really quite profound. I was explaining to him the concept to AI infrastructure and why it is crucial for every nation to have their own AI infrastructure like their own communication infrastructure, their Internet infrastructure, their roads, energy. Intelligence should be part of your infrastructure and the manufacturing of intelligence should be part of your infrastructure. And he said that India should manufacture its own AI. India should not export data to import intelligence. He said it’s like India should not just export flour to import bread. We should add value to the data ourselves,”
These deals are with Companies like Reliance which is India's biggest Company and also Tata Group, Tech Mahindra & Yotta data services. These Companies will now be buying even more Nvidia chips to accelerate development of AI infrastructure in the Country.
Nvidia has emerged as the biggest Company in the world although that crown is currently being shifted between itself and Apple as both are neck and neck however most analysts expect Nvidia to overtake Apple sooner than later.
The Company is currently in its moment as it is the only provider of the kind of hardware chips required to develop AI that is required by the tech giants like Microsoft, Meta, Amazon and Google.
On the AI software side, Palantir technologies signed a deal with L3Harris to partner on AI applications in US defense space yesterday.
reporting for easykobo.com on Thursday, Oct 24 2024 from Lagos, Nigeria