Nvidia CEO Jensen Huang joins 'Squawk Box' to discuss details of the state of the AI tech race, the promise of AI technology, and company growth outlook.

The release of Open AI's ChatGPT has accelerated the development of artificial intelligence and warnings about its impact on society.

Rise of AI

Nvidia CEO Jensen Huang has observed a substantial increase in demand for computing power, particularly over the past six months. He attributes this rise to advancements in artificial intelligence, which now require much greater computational resources due to their improved reasoning and thinking abilities.

Huang also mentioned that the demand for Nvidia's Blackwell platform is especially high, as more organizations seek to leverage advanced AI technologies. He described the current period as the beginning of a new industrial revolution, with exponential growth in both AI capability and usage.

Nvidia CEO: Demand of AI computing has gone up 'substantially'

Jensen anything you wanted to talk about that you feel like you haven't gotten the chance to talk about you get people asking you questions all the time. What do you not get to talk about. Well we'll see. What do we. What do investors most want to know from you. I guess. Uh huh. Investors. I would say the thing that is even quite surprising This year particularly the last six months demand of computing has gone up substantially. And this is what's happened because AI went from a simple one shot one shot answers to these reasoning and thinking AI. The results are so good. But but it uses exponential amounts of computing. But the interesting thing is because they're so good because they're so smart and they use exponential amounts of computing we're seeing exponential demand which makes sense because the AIs are smart enough that everybody wants to use it. And so we now have two exponentials happening at the same time. Demand for Blackwell is really really high. And we're trying we're working hard to get everybody online and you know get get AI to the next level. But but I think we're at the beginning of a new build out beginning of a new industrial revolution. And it's going to be exciting times.

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Nvidia CEO: Demand of AI computing has gone up 'substantially'

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Rise of AI