The CEO of Nvidia Predicts A Future Populated by 'Billions of Robots'

Long ago, we ceased to perceive ourselves as merely a chip company, said Nvidia CEO Jensen Huang during the annual meeting with shareholders.

Photo: Chesnot (Getty)

Nvidia encompasses more than solely artificial intelligence, asserts CEO Jensen Huang. Robotics, encompassing autonomous vehicles, constitutes the company's additional multi-trillion-dollar investment, he informed shareholders on Wednesday, as reported by CNBC.

This month, Nvidia temporarily exceeded Microsoft in market valuation, becoming the most valuable publicly traded business globally. Despite its remarkable success stemming from cutting-edge AI chips, Huang stated that Nvidia "ceased to perceive itself as merely a chip company long ago." He states that it is now equally concentrated on AI infrastructure, including networking chips and cloud services. “We aspire to a future with billions of robots, hundreds of millions of autonomous vehicles, and hundreds of thousands of robotic factories powered by Nvidia technology,” said Huang.

In early June, Nvidia disclosed a collaboration with Hexagon, a firm that manufactures humanoid robots designed for diverse industrial uses. On Wednesday, Jensen referenced Nvidia's collaboration with the humanoid robot startup, Cosmos.

Toyota (TM) will utilize Nvidia’s DRIVE AGX Orin system-on-a-chip (SoC) technology for its next vehicles equipped with driver assistance features. Aurora (AUR) and Continental will utilize Nvidia’s DRIVE accelerated computing to implement autonomous trucks via a long-term strategic alliance.

In May, Nvidia's automotive and robotics group announced a 27% increase in revenue from the prior year, totaling $567 million. That amount is negligible for a firm that has recently attained an unprecedented stock price, with a market capitalization of $3.75 trillion. Sales of its AI processors have increased fourfold over the previous two years, with analysts projecting a 53% rise this year to $200 billion.

During the Consumer Electronics Show in January, Huang stated that “the ChatGPT moment for general robotics is imminent.” He introduced innovative technologies designed to assist corporations in simulating and deploying robotic workforces. The focal point is “Mega,” a novel Omniverse Blueprint enabling corporations to design, evaluate, and enhance robot fleets within virtual settings prior to their implementation in actual warehouses and factories.

A crucial component of this initiative is the new Isaac GR00T Blueprint, which addresses a significant difficulty in robotics: producing the extensive motion data required for training humanoid robots. Developers can utilize GR00T to build extensive synthetic datasets from a minimal quantity of human motions, circumventing the costly and time-intensive process of gathering real-world data. Consequently, the CEO is liquidating assets: Huang divested $14.4 million of his own Nvidia shares last June; he is projected to liquidate up to $865 million by the conclusion of 2025.