Moneycontrol PRO
HomeNewsTechnologyAI will help India become the front office where value is created: NVIDIA's Jensen Huang

AI will help India become the front office where value is created: NVIDIA's Jensen Huang

NVIDIA is interested to participate in India AI mission's plan to procure 10,000 GPUs for domestic startups and researchers, says Huang

March 20, 2024 / 07:22 IST
NVIDIA founder Jensen Huang

Artificial intelligence will help India transition from being the IT back office of global companies to the front office for engineering, finance, marketing and sales, NVIDIA founder Jensen Huang said on March 19.

"When I meet with the leaders in India, it is very clear to them that this is one of the greatest opportunities for them to reskill themselves. Instead of the back room of companies, they will now become the front room of the companies where value is created," he said.

"AI is used for engineering, marketing, sales, finance, business operations, marketing strategies, all of that is front office. India is looking to come into the front office," he added.

A day after announcing a new generation of AI chips that are 30 times more powerful than the preceding version, Huang also said that NVIDIA is keen to participate in the Indian government's plan to procure 10,000 graphics processing units for domestic startups and researchers.

"If India is buying GPUs for AI, if I can throw my thoughts... Nvidia builds really good AI GPUs. When you go back, please spread the word. If somebody wants to buy GPUs, I am open for business. And we're quite interested in it," Huang said.

"India shouldn’t export flour to import bread. Why export data to import AI? Refine it, add value in India," he added.

The Union Cabinet recently approved the India AI Mission with an outlay of Rs 10,372 crore for five years to encourage AI development in the country. Under the mission, supercomputing capacity, comprising over 10,000 GPUs (graphics processing units), will be made available to various stakeholders for creating an AI ecosystem.

Also read: YOLO crowd bets Nvidia could more than double in value by Friday

A new industrial revolution

Speaking to journalists on the sidelines of NVIDIA's annual technology conference in San Jose, California, Huang said that generative AI is creating a new industrial revolution.

"In the last industrial revolution, raw material was water and electricity. This time it is data... Generative AI is a new type of factory, a new industrial revolution," he said.

"I think AI has already made the greatest contribution to the world as you don't need to learn C++ anymore to be successful. You can be a prompt engineer. When my wife is talking to me, she is prompting," he added in jest.

(This correspondent was in San Jose at NVIDIA's invitation)

Invite your friends and family to sign up for MC Tech 3, our daily newsletter that breaks down the biggest tech and startup stories of the day

Deepsekhar Choudhury
Deepsekhar Choudhury Deepsekhar covers tech and startups at Moneycontrol. Tweets at @deepsekharc
first published: Mar 20, 2024 07:11 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347