"Nvidia CEO Jensen Huang Disputes $7 Trillion AI Investment Estimate"

Nvidia CEO Jensen Huang indirectly criticized OpenAI chief Sam Altman's initiative to raise trillions of dollars to boost semiconductor chip supplies for AI processing, stating that the cost of developing AI infrastructure would be considerably less than the amount Altman is seeking. Huang suggested that the cost of building AI data centers globally would amount to $2 trillion by 2029, and mentioned Nvidia's plans to create a new division to design data center chips and AI processors for cloud computing firms.