Nvidia CEO Jensen Huang and the $2 trillion company powering today's AI | 60 Minutes

only four companies in the world are worth more than $2

trillion

Microsoft Apple, the parent

company

of Google, and computer chip maker Nvidia, the California-based

company

saw its stock market value rise from $1

trillion

to $2 trillion of dollars in just eight months last year driven by insatiable demand for its cutting-edge technology, the hardware and software that make

today

's artificial intelligence possible, we wonder how a company founded in 1993 to improve video game graphics became into a titan of 21st century AI, so we went to Silicon Valley to learn about 61 years of

nvidia

. -Former co-founder and CEO Jensen Hang, who has no doubt that AI is about to change everything - the story will continue in a moment - at

nvidia

's annual developer conference last March, the mood was not only optimistic , but frankly dizzying.

More than 11,000 software enthusiasts. Developers Tech Mogul and happy shareholders showed up at the Pro Hockey Arena in San Jose to kick off a 4-day AI event. They came to see this man, Jensen, hang the CEO of Nvidia, welcome to GTC, what was it like for you to walk out on that stage? Look, you know, Bill, I'm an engineer, not an artist, when I went out and all the people went crazy, it took my breath away and that was the scariest thing I've ever felt in my life. I'm still afraid of you. You'd never know it with his signature black suit.

Jensen shared the stage with robots powered by Nvidia, let me finish very quickly and shared his vision of an AI future, a new Industrial Revolution, reminding us of the transformative moment when Apple Steve Jobs introduced the iPhone. Jensen Hang introduced the latest graphics processing unit or GPU from nvidia. This is Blackwell, designed in the United States but manufactured in Taiwan, like most advanced semiconductors. Blackwell, he says, is the fastest chip ever created. Google is preparing for Blackwell, the entire industry is preparing for Blackwell. Nvidia ushered in the AI ​​Revolution with its innovative GPU, a single chip capable of processing a large number of calculations at once, not sequentially like more standard chips, the GPU is the engine of Nvidia's AI computer. , allowing it to quickly absorb a hose of information and perform trillions of calculations.

Wait a second, those are crazy numbers, is he doing things now that surprise you? We expect him to do things that surprise us. That's the point in some areas like drug discovery, designing better materials that are lighter and stronger, we need artificial intelligence to help us explore. the universe in places we could never have made ourselves let me show you here bill look at this Jensen took us around the GTC convention hall to show us what AI has made possible in recent years. I'm making your drink now. The creations were dazzling: this is a digital twin of the Earth, once it learns to calculate the weather, it can calculate and predict the weather 3000 times faster than a supercomputer and a thousand times less energy, but nvidia's AI revolution Sean Demera is originally from Istanbul, but co-founded Cubric near Boston.

His AI application uses Nvidia GPUs to instantly turn a simple text message into a virtual movie set for a fraction of the cost of

today

's funds. This is not something that has already been done. planned, no, we will do it in real time, it is life, Hollywood knocks on your door and we are receiving a lot of love nearby to generate biomatic medicines. Dr. Alex Snider, head of research and development, is using nvidia technology to create proteins. He was initially surprised to see promise in the lab when they told me about applying AI to drug development.

I rolled my eyes and said, yeah, you know, show me the data and then I looked at the data and they were very compelling. Dr. Snider's team asks their AI models to create new proteins to combat specific diseases like cancer and asthma. A new way to defeat the Corona virus is now in clinical trials. Now they are working with proteins that don't exist. nature that you come up with through AI yes we are actually generating what we call denovo completely new structures that have not existed before do you trust that as scientists we can't trust we have to prove we are not going to put Frankenstein?

In people we are taking what is known and we are really pushing the field, we are pushing the biology to make drugs that look like normal drugs but work even better. This is a technology that will only get better from now on. Brett Adcock is CEO of Imagine a Silicon Valley startup with funding from Nvidia. Look at his response to the labor shortage. An Nvidia GP-powered prototype called Figure One. I think what's been really extraordinary is the pace of progress we've made in 21 months from zero to this to Z to this. Yes, we were walking with this robot in less than a year since I incorporated the company.

Could you do this without obnoxious technology? We think they are possibly the best in the world at this. I don't know if this would be possible without them. I am here to help with the requested tasks. We were surprised that figure one was not only walking, but seemed to reason. Give me something healthy. Figure one could understand. I wanted the orange, not the packaged snack. Thank you. It is not perfected yet. Yes. We'll get there, but the early results are so promising that German automaker BMW plans to begin testing the robot at its South Carolina factory this year.

I believe there is an opportunity to send billions of robots to the planet in the coming decades. that many workers would see that since this robot is taking my job. I think over time Ai and robotics will start to do more and more of what humans can and better, but what about the worker that the workers work for the companies and therefore the companies when they become? more productive profit growth. I have never seen a company that has increased its profits and not hired more people. There are some jobs that are going to become obsolete. Well, let me offer them this way.

I think they still want humans in the loop because we have good judgment because there are circumstances where machines just aren't going to understand the futuristic Nvidia campus that sits just down the street from its modest birthplace, this Denny's in San José, good morning, where 31 years ago in video it was just an idea, my God, when he was 15 years old Jensen Hang worked as a dishwasher at Denny's when he was 30 years old he was an electrical engineer married with two children he and two friends The co-founders of Nvidia , Chris Malikowski and Curtis PR, imagined a whole new way of processing video game graphics and that's why I came here, here, to Denny's, we sat back there and the three of us decided to start the company.

Frankly, I had no idea how to do it and neither did they, neither of us knew how to do anything. His big idea accelerated computer processing power with a new graphics chip, his initial attempt failed and nearly bankrupted the company in 1996 and the genius of engineers and Christen Curtis um, we turned to the right way to do things. things and created its innovative GPU, the chip took video games from this to this today, the computer changed completely. Graphics saved the company, launching us into the stratosphere just eight years after Denny's Nvidia earned a spot on the S&P 500.

Jensen then set about developing the software and hardware for a revolutionary GPU-powered supercomputer that would take the company far beyond video games to Wall Street it was a risky bet for the first AI developers it was a revelation it was that luck or it was Vision that was luck founded by Vision we invented this capability and then one day the researchers who were creating deep learning discovered this architecture because it turns out this architecture was perfect for them perfect for AI perfect for AI this is the first one we've done in 2016 Jensen handed over nvidia's AI supercomputer, the first of its kind, to Elon Musk , then a board member of Open AI who used it to create the building blocks of GPT chat, how were they when AI took off?

Hey guys, also Jensen Hang's reputation. Can we get a picture? Yes, yes, now he is a Silicon Valley celebrity, he told us, the guy who emigrated from Taiwan. at the age of n i could never have conceived this is the most extraordinary thing bill, that a normal dishwasher waiter could become this, there is no magic, it's just 61 years of hard work every day, i don't think there is anything more than we met a humble Jensen at Denny's house at nvidia headquarters in Santa Clara, we saw that he can be intense, let me tell you what some of the people you work with said about you, demanding and perfectionist, it's not easy work, for all that it sounds perfect, yes.

It should be like this if you want to do extraordinary things, it shouldn't be easy. Alright guys, keep up the good work. Nvidia has never done better. Investors are optimistic, but last year more than 600 leading AI scientists, ethicists and others signed this statement urging. Caution, warning of the risk of AI to humanity when I talk to you and listen to you speak. Part of me says, what a genius, and the other part of me says, oh my God, what's in store for us? Yes, yes, which is it, it's both, it's both, yes, you. They are feeling all the right feelings.

I feel like they both feel safe. Humanity will have the choice of seeing itself inferior to machines or superior to machines. Pinar Sean Demera is an AI optimist, although he called his company a cubric and homage to Stanley Kubert, the director. from 2001 A Space Odyssey hello damn, do you read me in that movie Hal, the AI ​​computer goes Rogue, opens the capsule bay doors H Sorry Dave, I'm afraid I can't do that? I think that's what worries people about AI. We will lose control just because a machine can do faster calculations, comparisons and creating analytical solutions that does not make you smarter than you, it just computes faster in my world, in my opinion, intelligence is about your ability to love , create, expand, transcend.

These are qualities that no machine can withstand and that only humans deserve. Something is happening. Jensen Hang sees a future of progress and prosperity in AI. Not one with machines like our masters. We can only hope he is right. Thank you all for coming. Thank you.