AI computing power is growing exponentially quickly, but it is not yet certain whether this growth will last.

The demand for AI computing power is growing fourfold every year, said Nvidia CEO Jensen Huang in an interview. He pointed out that this increasing need has led to a million-fold increase in AI computing power over the last decade. According to Huang, Nvidia’s share in this is invaluable, writes Tom’s Hardware.

Affordable computing power

Huang explained that Nvidia has dramatically reduced the cost of AI calculations, which has contributed to the accessibility and development of machine learning. “Without Nvidia, AI systems would be a million times more expensive. In comparison, our offering is practically free,” Huang joked.

Although Nvidia GPUs are quite expensive, Huang emphasized that their advancements are crucial to the success of AI. Thanks to affordable computing power, researchers can now process large data sets without budget concerns.

However, Huang remained cautious about the future: The growing need for computing will continue to rise, but he did not say whether it will increase by a factor of a million again in the next ten years. What is certain is that Nvidia will continue to play an important role in enabling AI innovation.