AI godfather Jensen Huang comes to tropical Singapore after 25 years and appears in black leather jacket.
AI godfather Jensen Huang comes to Singapore after 25 years and appears in black leather jacket
$NVIDIA Corp(NVDA)$ , a well-known American chip manufacturer giant, will deepen cooperation with Singapore in the field of artificial intelligence. It is currently working with the Information Media Authority (IMDA) to create a large language model in 11 languages to develop local artificial intelligence in Singapore.
Questions for Tigers:
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News Background:
Jensen Huang held a "closed-door" roundtable meeting with a number of Singaporean media at the Shangri-La Hotel on Wednesday morning (December 6) and accepted "torture" for more than an hour.
He said: "One of the smartest points of Strategy 2.0 is the recognition that artificial intelligence is no longer just an opportunity, but strategically critical. Singapore must create its own artificial intelligence."
Jensen Huang said that NVIDIA has been cooperating with Singapore for 7 years. During this period, NVIDIA has cooperated with hundreds of researchers and hundreds of start-up companies.
On Monday (4th), Singapore released the National Artificial Intelligence Strategy 2.0 (NAIS 2.0). Jensen Huang said that during this trip, he will have an in-depth discussion with Prime Minister Lee Hsien Loong on how NVIDIA can help, support and participate in Strategy 2.0.
Jensen Huang said that NVIDIA's revenue in Singapore mainly comes from local cloud service providers. There are 1,100 artificial intelligence start-up companies in Singapore, and they are driving the demand for cloud GPU consumption in Singapore. He predicts that this will also be a rapidly growing area in the next few years.
"We are working with 40 venture capital firms to support the ecosystem of AI startups here. We already have a supercomputer here and are planning to build a bigger one."
In the third quarter of 2023, $NVIDIA Corp(NVDA)$ โs revenue from the Singapore market reached $2.7 billion, accounting for approximately 15% of its total revenue.
Comments
๐๐๐Singapore has emerged as the leading nation in overall Artificial Intelligence (AI) readiness in the Asia Pacific Region according to the 2023 Asia Pacific Readiness Index released by Tech Giant Salesforce. This achievement marks the 3rd year consecutive win. Trailing behind are Japan and China in the 2nd and 3rd place.
AI is here to stay and the fact that Jensen Huang, the CEO of Nvidia was in Singapore for high level talks with our government, highlights the prominent role that Singapore has in the AI arena.
AI is already widely adopted in many of our local companies. These include our 3 major local banks $DBS GROUP HOLDINGS LTD(D05.SI)$
and $UNITED OVERSEAS BANK LIMITED(U11.SI)$
AI helps me in my daily tasks too. When I use my Google Search, Bard chatbot comes and offer me solutions. When I use my Tiger App, I have the ever helpful Tiger ChatGPT to provide me answers to my questions on investing.
So there you are. AI is here to stay and will continue to evolve in the future. I can imagine having a self driving car, a robot to help me with my mundane household tasks. Life will never be the same again.
@Tiger_SG @TigerClub @TigerStars
AI in my life in Singapore is my company do have AI facial recognition system for everyday time in and time out attendance system. No matter how you dress today or how you comb your hair or how you make up yourself, the AI recognition still can identify you without any issue
@GoodLife99 @Aqa @b1uesky @icycrystal @Universeๅฎๅฎ @rL @koolgal @Tiger_comments @TigerStars