On Tuesday, global computing leader NVIDIA kicked off its "AI Summit" in Washington, D.C. Over three days, the company aims to showcase how its chip architecture and customizable AI services can benefit society to policymakers and the media. Rather than featuring CEO Jensen Huang, known for his signature leather jacket, the event is led by Bob Pette, NVIDIA's Vice President and General Manager of Enterprise Platforms. This shift signifies a stronger focus on AI applications rather than new product announcements.
Pette emphasized that the world is on the cusp of widespread AI adoption, predicting an impact of up to $20 trillion across industries leveraging this technology. In his keynote address, he elaborated on "the next phase of artificial intelligence,” spanning applications from advanced AI agents to robotic factories, weather forecasting, cancer treatments, and the exploration of extraterrestrial life.
With thousands of pre-trained NVIDIA NIM agents, industries, scientific institutions, and healthcare organizations are undergoing a productivity transformation on a scale akin to the Industrial Revolution. For instance, the National Cancer Institute is utilizing NVIDIA’s medical AI services for medical image analysis and extracting information from vast databases. Additionally, NVIDIA's AI is assisting pharmaceutical companies and researchers in screening new drug molecules, significantly reducing the time needed for drug development.
Other notable AI applications include a cybersecurity AI framework capable of real-time monitoring and response to network vulnerabilities, and a space exploration AI that detects faint radio signals from space. The "digital twin" concept, embodied in NVIDIA Earth 2, allows meteorologists to predict natural disasters with greater accuracy and speed.
Pette highlighted that NVIDIA's CUDA library now includes over 4,000 accelerated applications helping various sectors achieve breakthroughs. According to NVIDIA, the next wave of AI will be "physical AI," where robots interact in the real world, controlled by remote computing systems. Ultimately, these applications rely on NVIDIA's powerful hardware.
As 2024 approaches its final quarter, NVIDIA's highly anticipated GB200 AI servers are ready for shipment. On Tuesday, Microsoft Azure announced it has secured servers equipped with the GB200 chip, becoming the first cloud service provider to implement the Blackwell system. OpenAI also confirmed it has received NVIDIA's latest offerings, with developers working on the initial DGX B200 engineering units. NVIDIA anticipates significant demand in the market, projecting "billions of dollars" in shipments of the latest AI servers by the end of the fourth quarter.
Following this week's summit, NVIDIA will continue its AI Summit series in Mumbai, India, at the end of October, and then head to Tokyo, Japan, in November. Both countries are investing heavily in government-supported computing infrastructure initiatives.