NVIDIA's CEO, Jensen Huang, responds to the claims that AI is similar to the 'dot-com' bubble, saying that the compute demand out there is solid, unlike what the Internet era brought.
NVIDIA's CEO Claims That The Demand For Compute Power Is Rising In Parallel With the Speed of AI Queries
The resemblance of AI and the dot-com bubble isn't derived from core technologies and their influence over the industry; instead, it comes from stock valuations and the 'crazy gains' people have seen in the past as a retailer. The inference is made from the growth NVIDIA has seen over the years, breaking stock valuation barriers within a period of months; however, Jensen has given his verdict, calling AI a 'bubble'. In the Financial Times' "The Minds of Modern AI" segment , NVIDIA's CEO believes that,

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