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Jensen Huang: The Doomer Hoax, Superintelligence is Here, and The Future of AI (ft. President Trump) — Transcript

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  1. 0:00Some people call it vision. Vision is an
  2. 0:03awfully big word to me because I I
  3. 0:04believe first of all vision matters.
  4. 0:07[music]
  5. 0:09>> We preempted the weekly show. And
  6. 0:12there's only three people we preempt the
  7. 0:14show for. President Trump, Jesus, and
  8. 0:17Jensen. [laughter]
  9. 0:18>> The number one [music] podcast in the
  10. 0:20world.
  11. 0:20>> That's Jensen Wong.
  12. 0:21>> He's the founder, president, CEO of
  13. 0:22Nvidia.
  14. 0:23>> Whether you know it or not, his
  15. 0:24decisions are shaping your future.
  16. 0:26>> Nvidia is the most important stock in
  17. 0:28this market. Jensen is arguably the best
  18. 0:30executive in history.
  19. 0:31>> Revenue [music]
  20. 0:32exploded 97% year-over-year.
  21. 0:34>> Not only is demand already strong, is
  22. 0:36actually accelerating. Nvidia is the
  23. 0:38only computing platform that is a full
  24. 0:41stack AI [music] factory. A GPU is like
  25. 0:43a time machine because it lets you see
  26. 0:45the future sooner. And if we could see
  27. 0:47the future and we can predict the
  28. 0:49future, then we have [music] a better
  29. 0:50chance of making that future the best
  30. 0:53version of it.
  31. 0:55>> Please welcome Jensen Hang.
  32. 0:58>> [music]
  33. 1:01>> Oh, we got a standing O on the way in.
  34. 1:04>> Oh, come on.
  35. 1:05>> Standing O.
  36. 1:07>> Standing O on the way in.
  37. 1:10>> There's our guy. [laughter]
  38. 1:12>> Ladies and gentlemen, GPU Jesus.
  39. 1:19>> They love you.
  40. 1:20>> They love you.
  41. 1:21>> Thank you. I love you back. Number one
  42. 1:23podcast in the world.
  43. 1:25>> In the world.
  44. 1:25>> Absolutely.
  45. 1:26>> Wow. We like the new jacket.
  46. 1:28>> Well, you know, you auctioned the open.
  47. 1:30>> I just I felt you guys needed some
  48. 1:32energy.
  49. 1:33>> Yes. This is the
  50. 1:34>> I know we're talking about serious stuff
  51. 1:36here, but we need to talk about it with
  52. 1:38energy. Yes.
  53. 1:39>> Let's uh let's start with this uh essay
  54. 1:42from this weekend.
  55. 1:43>> Which one? [laughter]
  56. 1:46>> Let's start with Daario's essay because
  57. 1:47>> was Hemingway involved? [laughter]
  58. 1:50>> Actually, did anybody run it through
  59. 1:51Pangram? I don't even know how much of
  60. 1:53it was AI helped, but that was a pretty
  61. 1:57incredible thing. And then I think what
  62. 1:59a lot of people were surprised by was
  63. 2:01the coalesing of the frontier labs
  64. 2:03around the essay itself. Just Jensen
  65. 2:05unpack what happened, how you read it,
  66. 2:08how you interpreted it, and then we'll
  67. 2:10get into some details that were inside
  68. 2:11of it. But maybe just the highle
  69. 2:13thoughts to kick it off.
  70. 2:14>> Well, first of all, there were a lot of
  71. 2:15stuff in there.
  72. 2:16>> Yeah. and and uh uh first there is a
  73. 2:20there's a part about about safety which
  74. 2:22we have to take very seriously. Safety
  75. 2:24is paramount. Obviously um uh safety and
  76. 2:28leadership are not false. They're false
  77. 2:30choices. You're you're able to innovate
  78. 2:33quickly. You're able to execute quickly
  79. 2:35and and uh America's able to lead and to
  80. 2:39do it safely. I think those are those
  81. 2:40are false choices but safety is
  82. 2:42obviously important. Uh there's a matter
  83. 2:44of of internal control that I think he
  84. 2:48was speaking to. Uh obviously the the
  85. 2:50coxin uh whistleblower is very serious
  86. 2:53matter. When whenever you have a
  87. 2:55whistleblower, you got to take it very
  88. 2:56seriously. I thought Coxin
  89. 2:58[clears throat] had great courage uh to
  90. 3:00uh put out put out uh uh what his
  91. 3:03concerns were. Um and even then there
  92. 3:05were some issues that were kind of
  93. 3:06conflated within that. Uh I think the
  94. 3:08the the whistleblowing is is fine. I
  95. 3:11think the the uh scientific prediction
  96. 3:15uh about the future uh is less aligned
  97. 3:18because it's not grounded on science
  98. 3:20obviously and um uh it it was expressed
  99. 3:23by a scientist but it was obviously not
  100. 3:24grounded on science and and so I take I
  101. 3:26take issue with that but obviously the
  102. 3:28whistleblower part of it uh [snorts] you
  103. 3:30know I I think there's just a whole
  104. 3:31bunch of stuff uh pausing uh uh pacing
  105. 3:38those are all the voluntary things that
  106. 3:40they could do if they feel that their
  107. 3:41company is out of control. Uh if Coxin
  108. 3:44saw something, you know, obviously we
  109. 3:46didn't we don't know what Coxin saw,
  110. 3:48>> but he if he saw that the company was
  111. 3:51out of control
  112. 3:52>> and maybe it's a transition from uh uh
  113. 3:56research to engineering. As you know,
  114. 3:58these labs are research are
  115. 4:00transitioning from research to
  116. 4:01engineering. Extraordinary talent,
  117. 4:03extraordinary engineering. Um but
  118. 4:05obviously engineering is different than
  119. 4:07research. Maybe that transition is
  120. 4:09clumsy. you know, I don't we don't know
  121. 4:10what what he saw and ultimately only he
  122. 4:12knows. Um, but if there was a a matter
  123. 4:15of lack of control, that's a different
  124. 4:16topic. Um, how should the government
  125. 4:18deal with it? Now all of a sudden, uh,
  126. 4:20regulation and reg I mean it just covers
  127. 4:23everything in one blog.
  128. 4:24>> Can you just help us sort of unpack? We
  129. 4:25we play we tried to play this game
  130. 4:27actually this week on the pod and it was
  131. 4:28difficult which is how do you describe
  132. 4:31like you know my mom calls me and she's
  133. 4:33like Jimoth what is this whole
  134. 4:35civilizational death thing? I don't know
  135. 4:37how to explain it to her. So when you
  136. 4:39have very smart people like that
  137. 4:41quantize it and quantify it, I think
  138. 4:43that's probably what's perturbing to
  139. 4:45some people. They're like, "What does
  140. 4:46that mean, 10% of extinction?" Nobody
  141. 4:49knows how to explain that to the average
  142. 4:51person how that's even possible. Well,
  143. 4:53first of all, we shouldn't
  144. 4:56uh because it's made up. Uh first of all
  145. 4:58I think that [laughter]
  146. 5:01[applause]
  147. 5:03we shouldn't because we it's made up and
  148. 5:05these are these are well educated uh
  149. 5:08they're called researchers um obviously
  150. 5:12they're working in a lab and so the
  151. 5:14confluence of these words and then and
  152. 5:17then and then the prediction is alarming
  153. 5:19and troubling and it shouldn't be done.
  154. 5:21It's it's it's irresponsible. Now the
  155. 5:23fact of the matter is let's go back and
  156. 5:24look at the real facts. The facts are uh
  157. 5:27there was a prediction that in 5 years
  158. 5:29time radiology will be completely taken
  159. 5:32over by artificial intelligence and
  160. 5:33there'll be no radiologists in the
  161. 5:34world. That has proven to be exactly the
  162. 5:37opposite. We need more radiologists than
  163. 5:39ever in the world. However, AI has taken
  164. 5:41over radiology completely which is great
  165. 5:44is automated scan reading which is
  166. 5:45great. Um uh there was a prediction that
  167. 5:48within 6 to 12 months, wasn't it just
  168. 5:50last year? Within 6 to 12 months, uh 90%
  169. 5:54of code would already be generated uh by
  170. 5:57AI. That has turned out to be wrong. Uh
  171. 6:00within 6 to9 months, that was predicted
  172. 6:02last year, 50% of entry jobs will be
  173. 6:04wiped out. That has proven to be wrong.
  174. 6:07Uh let's see what else. What else has
  175. 6:08proven to be wrong? I mean, all of these
  176. 6:10predictions have been wrong,
  177. 6:12>> right? Well, that GPT2 would be too
  178. 6:16unsafe to release. That llama 3 would be
  179. 6:18too unsafe to release.
  180. 6:19>> Oh, one.
  181. 6:20>> Yeah, we've heard the
  182. 6:21>> half of white collar jobs would be gone
  183. 6:23next year.
  184. 6:23>> The jobs apocalypse. Yeah.
  185. 6:25>> We have to take accountability. We have
  186. 6:28to take account for all of the stupid
  187. 6:30predictions that were made,
  188. 6:32>> right?
  189. 6:33>> Somebody has somebody has to take Yeah.
  190. 6:36[applause]
  191. 6:37>> And and so we ought to just keep track
  192. 6:39of all that. And of course people do and
  193. 6:42remind us that those those predictions
  194. 6:45are inconsistent
  195. 6:47with ultimately America winning the AI
  196. 6:50race.
  197. 6:51>> The short form for that is some people
  198. 6:52are saying you know they say trust the
  199. 6:54[clears throat] experts and they used
  200. 6:56the analog of co which again started
  201. 6:58with people that were researchers
  202. 7:00educated people that had an asymmetric
  203. 7:02awareness of the thing that the rest of
  204. 7:03us did not saying things that ultimately
  205. 7:06turned out we find out in facts uh not
  206. 7:09to be true. Um, and so there's this war
  207. 7:12that's happening right now between the
  208. 7:14trust the experts movement and the, you
  209. 7:16know, well, let's just look at the
  210. 7:17actual history of these predictions and
  211. 7:19let's just think more methodically.
  212. 7:22Where is this coming from? Because it's
  213. 7:25coming from inside the places that's
  214. 7:26actually making it. Like what do you
  215. 7:28think is the psychological makeup or
  216. 7:29what is the real incentive? Maybe it's a
  217. 7:31business incentive, maybe it's a
  218. 7:32political incentive. Can you just maybe
  219. 7:35guess or how do you how do you think
  220. 7:36about what's why they're doing this?
  221. 7:38Well, first of all, I got to tell you
  222. 7:39these [clears throat] are some of the
  223. 7:41most consequential companies in history.
  224. 7:43Uh, uh, extraordinary engineers,
  225. 7:45extraordinary researchers, uh, really
  226. 7:47fantastic work. Um, [clears throat] uh,
  227. 7:50on the one hand, uh, I work very closely
  228. 7:52with them as companies to companies. Uh,
  229. 7:55on the other hand, uh, we have to have
  230. 7:58conversations like this in public. And
  231. 8:00it's really unfortunate. And I I think
  232. 8:02that that these these companies um
  233. 8:05really ought to be built the way that we
  234. 8:07used to build companies, which is in
  235. 8:09silence,
  236. 8:10>> right? You know, and
  237. 8:13so wait, wait, Jensen, you don't allow
  238. 8:15anybody in your organization to speak
  239. 8:17for the entire organization, especially
  240. 8:19when they're having like a bad weekend
  241. 8:21or they rage quit. They're they're not
  242. 8:22allowed to tweet on your behalf and the
  243. 8:24organization's behalf. No, because well
  244. 8:27that's that's what they decided when
  245. 8:29they came to work for us and we told
  246. 8:31them uh these are this is the way you
  247. 8:33behave when you work in our company and
  248. 8:35and uh if you would like if you like the
  249. 8:37culture of our company um uh which as
  250. 8:40you know the NVIDIA culture and the
  251. 8:41NVIDIA employee base uh incredibly
  252. 8:44happy. Yeah. uh they like the fact that
  253. 8:46the company is consistent, that we're
  254. 8:48stable, that our core values are
  255. 8:50consistent with taking care of the
  256. 8:52families and creating the conditions by
  257. 8:53which they can do their life's work. Uh
  258. 8:56that we do meaningful work, we do it we
  259. 8:58do it as quietly as we can and uh we
  260. 9:01contribute to everybody else's success,
  261. 9:02which we're very proud of. And so those
  262. 9:05kind of core values people are attracted
  263. 9:06to. Um but when you come and work in our
  264. 9:09company, there are also some things that
  265. 9:11we don't appreciate that you do. Like
  266. 9:13for example, we don't welcome uh
  267. 9:15political discourse in our inside our
  268. 9:17company. Take it home. You guys talk
  269. 9:19about politics outside the company. Um
  270. 9:22we
  271. 9:23>> Yeah. [applause]
  272. 9:27>> Uh we we are um the company is an
  273. 9:30a-olitical company. You know, we're
  274. 9:32bipartisan. We want America to succeed
  275. 9:35and and um uh we want we want uh
  276. 9:38whatever uh government is in place uh
  277. 9:41we'll do everything in our power to help
  278. 9:42America succeed. And so so the the
  279. 9:45discourse about about uh about race and
  280. 9:50religion and politics and all of that
  281. 9:53stuff we tell people do it outside the
  282. 9:56company. It's not not for us.
  283. 9:58>> In terms of u maybe AI regulation then
  284. 10:00more narrowly. Um Satya was here this
  285. 10:02morning and what he said is you know
  286. 10:04before we talk about regulation that
  287. 10:06could really styy things why don't we
  288. 10:07just get some basics right? Why don't we
  289. 10:09get measurement right? Why don't we get
  290. 10:10standardization right? Right. Um where
  291. 10:13do you land on
  292. 10:14>> get engineering right?
  293. 10:15>> Get the engineering right. Right.
  294. 10:16Translate the research in a more
  295. 10:17predictable way so that we're not
  296. 10:18fear-mongering. Keep it inside until
  297. 10:20we're ready to expose it. Um what do you
  298. 10:22think the right response is? You know
  299. 10:24Demis had a proposal which was sort of
  300. 10:25this more FINRA like organization. It's
  301. 10:28not clear what Daria wants. This
  302. 10:30transnational mutated thing that has
  303. 10:33some sort of control. Where do you land
  304. 10:35on this? The sort of perspective of what
  305. 10:37what do we need right now?
  306. 10:38>> You know, regulation should solve actual
  307. 10:41problems.
  308. 10:42And so the question is what actual
  309. 10:44problems have we enjoyed,
  310. 10:45>> right? And and um if you look at look at
  311. 10:49the actual problems um all of the actual
  312. 10:52problems so far have come from the labs.
  313. 10:55And the reason for that, the reason for
  314. 10:57that and and just in their defense, the
  315. 10:59reason for that is because they have the
  316. 11:00most compute,
  317. 11:01>> right?
  318. 11:02>> And the reason for that is because
  319. 11:03they're trying to solve uh the frontier
  320. 11:06problems. And so in their defense and so
  321. 11:09it's sensible that that um the labs, the
  322. 11:13frontier labs will be where the most
  323. 11:16danger come from. It is unlikely that a
  324. 11:19high school student uh did something
  325. 11:21because they just simply won't have
  326. 11:23enough compute,
  327. 11:24>> right? And so uh it's unlikely that a
  328. 11:26startup will be the reason because they
  329. 11:28won't have enough compute. It's it's uh
  330. 11:30they you know in fact you could look
  331. 11:32across the planet and everybody won't
  332. 11:33have enough compute with the exception
  333. 11:35of the frontier labs. And so so now the
  334. 11:38question is if you look at what actually
  335. 11:39happened um and they're doing pioneering
  336. 11:42work. It's really very hard. Um they're
  337. 11:44transitioning from research to
  338. 11:46engineering. Um, I could imagine and
  339. 11:48they're they're they're they're
  340. 11:49obviously building some of the most
  341. 11:51consequential technology and companies
  342. 11:53in the world. Uh, they're building their
  343. 11:55company, they're building their culture,
  344. 11:57they're building the technology, they're
  345. 11:58building engineering, they're building
  346. 11:59products all at the same time. And so I
  347. 12:01I can understand it's a little bit hair
  348. 12:03on fire. Um, uh, but nonetheless,
  349. 12:07the four incidents from one lab, the one
  350. 12:09giant incident from the other lab, um,
  351. 12:12the first thing that you have to do is
  352. 12:14just root cause the problem from an
  353. 12:15engineering perspective. what happened,
  354. 12:18>> what could we have done differently and
  355. 12:21what are we going to in to implement and
  356. 12:23institutionalize whether it's technology
  357. 12:25or methods or processes and make sure
  358. 12:27that we don't let it happen again. Now,
  359. 12:30I would bet you money that in every
  360. 12:32single one of those cases is within
  361. 12:34their control
  362. 12:36in the future to prevent it
  363. 12:39because the alternative if it's not in
  364. 12:42their control and I'm sure that they are
  365. 12:44I'm sure I'm I'm sure that I'm sure
  366. 12:45those four four incidents won't happen
  367. 12:47again. Um they I'm sure they root caused
  368. 12:49it and fixed it. I'm sure uh they have
  369. 12:52now technology
  370. 12:54for you know sandboxes and run times and
  371. 12:57monitors and continuous in continuous
  372. 13:00monitors and you know and so I'm I'm
  373. 13:02certain they have much much better
  374. 13:03technology now the alternative is also
  375. 13:07unlikely which is for them to say look
  376. 13:10we had these incidents after we're done
  377. 13:14analyzing it we came to the conclusion
  378. 13:16we don't know anything that happened and
  379. 13:18we have no idea how to control it and
  380. 13:21we're asking society for help.
  381. 13:23>> Yeah.
  382. 13:23>> Now, if that's the case, then we ought
  383. 13:25to, you know, a bunch of bunch of
  384. 13:27companies with engineers ought to send
  385. 13:29engineers in. I mean, and we should
  386. 13:31advise them if we can, but I doubt it. I
  387. 13:33think they they have extraordinary
  388. 13:34people. They got this handled.
  389. 13:35>> But we we're not operating in a vacuum.
  390. 13:37[clears throat] David, last night you
  391. 13:38informed me that there is a Chinese lab,
  392. 13:40the makers of GLM, who are going to put
  393. 13:42three billion towards a recursive
  394. 13:44self-improvement run. So, maybe you
  395. 13:46could tee that up for J.
  396. 13:48>> Well, that's what was announced. Yeah.
  397. 13:49zpoo.com the founder just raised 5
  398. 13:51billion and said that one of their
  399. 13:52priorities is going to be trying to get
  400. 13:54to recurs you know uh AI that trains the
  401. 13:59next AI and to try and automate as much
  402. 14:01of that as possible. Um yeah I think
  403. 14:04that I mean
  404. 14:04>> well this is the new sexy phrase but as
  405. 14:06[snorts] you guys know RSI is a
  406. 14:09combination of a system of ideas.
  407. 14:13It's um it starts everything with in
  408. 14:15context stuff. It starts with skills. It
  409. 14:18starts with reflection. It starts with,
  410. 14:20you know, reinforcement learning and
  411. 14:21synthetic data generation. And these are
  412. 14:23all very sensible ideas that causes AI
  413. 14:27to get better at solving a problem, you
  414. 14:30know, over time. And you could also have
  415. 14:33uh low rank, you know, all of that stuff
  416. 14:36doesn't include the weights. Uh you
  417. 14:38could actually improve the weights and
  418. 14:39it's called Laura. uh Laura could be
  419. 14:42could be improved in synthet synthetic
  420. 14:44data generation reinforcement learning
  421. 14:45enhance it without training the the base
  422. 14:48model itself and then over time uh you
  423. 14:50could train the base model again with
  424. 14:52all of that experience and and so I I
  425. 14:54think I think it's a sensible thing that
  426. 14:57that you're going to use the technology
  427. 14:59uh to enhance productivity of all kinds
  428. 15:02of tasks including building AI. I think
  429. 15:05that's a very logical idea and and I'm
  430. 15:07I'm certain that everybody is using it
  431. 15:09in some degree. It's just this phrase is
  432. 15:12now being used um to weaponize the
  433. 15:16technology in some way and maybe to turn
  434. 15:18the
  435. 15:18>> as if it's going to spiral out of
  436. 15:20control is the impression they're trying
  437. 15:23to give. But you don't believe that's
  438. 15:24real?
  439. 15:25>> No. No, of course not. And the reason
  440. 15:26for that is because you could RSI all
  441. 15:28day long inside your company, but when
  442. 15:31you release a product, you've got to
  443. 15:33evaluate it, don't you? You have to test
  444. 15:34it again, don't you? You have to make
  445. 15:36sure that there's no regression, right?
  446. 15:38And so the basic process of control.
  447. 15:43These labs are going to as they move
  448. 15:44from labs to engineering, they will have
  449. 15:46much much better control,
  450. 15:48>> right? And when they have much better
  451. 15:50control that and control comes from
  452. 15:52methods and knowledge and practice and
  453. 15:54tools and technology all of those things
  454. 15:56that leads to better control
  455. 15:58verification and evals
  456. 16:00>> it's going to enable RSI to be done
  457. 16:03inside the company and for good products
  458. 16:05to be released outside.
  459. 16:05>> Let's talk about uh open source for a
  460. 16:07second. I mean this hugging face we we
  461. 16:09were communicating about this and I said
  462. 16:11it's going to be one of the most
  463. 16:12consequential
  464. 16:13um
  465. 16:15acquisitions. I don't even want to call
  466. 16:16it a transaction because I think it's
  467. 16:18more important than that. Um, give us
  468. 16:21your first principles explanation of
  469. 16:23open source versus closed source versus
  470. 16:25open weights and how the ecosystem
  471. 16:26should fit together over time.
  472. 16:28>> The world needs both closed models and
  473. 16:31open models. Um, you want you want to
  474. 16:33use I use as much closed models as I
  475. 16:35can. This weekend I I used four of them
  476. 16:37and and [clears throat] uh they work
  477. 16:39terrifically. They're frontier. They're
  478. 16:40great experience. They right they work
  479. 16:42incredibly well. They're getting better
  480. 16:43all the time. Uh, and and the way I
  481. 16:46think about closed closed closed models
  482. 16:48is kind of like bottled water. You know,
  483. 16:52water is free, you guys. I don't know if
  484. 16:54I've told you guys, but water is free. I
  485. 16:56I don't want to, you know, burst
  486. 16:57everybody's bubble, but water's free.
  487. 16:59And this morning, I used a lot of free
  488. 17:00water taking a shower. And so, you use
  489. 17:04the right water in the right places. And
  490. 17:06this is no different than electricity.
  491. 17:08This is, you know, this is no different
  492. 17:09than all kinds of commodities that we
  493. 17:11use in the world. You need both. Now in
  494. 17:13the case of open the reason why that you
  495. 17:16need it is because it could be for
  496. 17:18sovereignty reasons, privacy reasons, um
  497. 17:20proprietary technology reasons. Look at
  498. 17:23the facts. The facts are in the last 6
  499. 17:26months
  500. 17:27$400 billion of venture funding went
  501. 17:30into AI native companies.
  502. 17:32>> 80% of them use open models. If not for
  503. 17:35open models, how could they build their
  504. 17:38dream,
  505. 17:39>> right?
  506. 17:39>> Because their dream could be different.
  507. 17:41Obviously, it'll be different than the
  508. 17:43labs, the frontier labs dreams. And
  509. 17:45there's America has so many different
  510. 17:47ways to innovate. That's one of our core
  511. 17:49strengths. Great ideas just coming out
  512. 17:51of the fountain. And and so open models
  513. 17:54enables that. Open models enables every
  514. 17:57single if we want to win the AI race.
  515. 17:59It's not about a few technology
  516. 18:01companies winning the AI race. It's
  517. 18:03about every company in America. Every
  518. 18:06comp, every company, every industry,
  519. 18:08every researcher, every teacher, every
  520. 18:12student, every startup, everybody wins.
  521. 18:16Some of them will use closed models. A
  522. 18:18lot of them will use open models.
  523. 18:20There's 10 million
  524. 18:22>> Does it matter?
  525. 18:23>> Well, let me just ask, does it matter if
  526. 18:24the model the open models come from
  527. 18:26China or the US?
  528. 18:28>> Well, we're doing everything we can um
  529. 18:31to make a contribution in open models.
  530. 18:34However, the moment you download, like
  531. 18:37for example,
  532. 18:39probably the vast majority of the
  533. 18:41world's contribution to open source
  534. 18:43today is coming from China. They just
  535. 18:45have a lot more engineers. They produce
  536. 18:47everything in large scale because it's a
  537. 18:49larger country. And so they produce
  538. 18:51science and math students in volume,
  539. 18:53>> right?
  540. 18:54>> That's one of our disadvantages, right?
  541. 18:55>> They're manufacturing them through
  542. 18:57amazing universities like Chinua
  543. 18:59University in high volume. Well, they
  544. 19:01contribute to open source today. We
  545. 19:03download Linux. We download Kubernetes.
  546. 19:06We download all the software. A lot of
  547. 19:08it has been touched by Chinese. And once
  548. 19:11you download it, it's yours. We fork it.
  549. 19:13We improve it. We make it ours. And so
  550. 19:16we when you download one of these
  551. 19:18Chinese models, it just happens to be
  552. 19:20made by some really great researchers in
  553. 19:22China, but it's now yours. Whatever you
  554. 19:26want to do with it.
  555. 19:26>> So what exactly is the race?
  556. 19:29the race.
  557. 19:30>> Yeah,
  558. 19:31>> I think that's that's a really good
  559. 19:33point. My point is the race is really
  560. 19:36about who exploits the technology best.
  561. 19:40You know, the last industrial
  562. 19:41revolution, all of the inventors were
  563. 19:44Maxwell, Volulta, Ampier. None of them
  564. 19:47were American.
  565. 19:48They were right. The last industrial
  566. 19:50revolution came from Europe. But we
  567. 19:53exploited it. We took advantage of it
  568. 19:55socially better than anybody else in the
  569. 19:58world. Look how it turned out for us. I
  570. 20:00want to make sure that this next
  571. 20:01generation happens just like this.
  572. 20:03>> Yeah. Yeah.
  573. 20:04>> So why why are the communists getting
  574. 20:06their message out so successfully here
  575. 20:08right now?
  576. 20:11[laughter]
  577. 20:14[clears throat]
  578. 20:14>> You know I I think first of all the
  579. 20:16narrative is much more practical.
  580. 20:20The narrative is much more practical.
  581. 20:22Nobody's in China is saying that there's
  582. 20:24end of this and end of that and you know
  583. 20:28cataclysmic this and you know
  584. 20:30>> doom or that
  585. 20:31>> doom or that.
  586. 20:32>> They're much more pragmatic about it.
  587. 20:33They see AI as a technology that's going
  588. 20:35to advance their economy, advance their
  589. 20:37society and they don't have these these
  590. 20:40groups who are basically saying it's
  591. 20:42going to end civilization
  592. 20:43>> and we're making it up. The part that is
  593. 20:45frustrating is if it was true if it was
  594. 20:47true then we ought to talk about it and
  595. 20:49go do something about it, right? Even
  596. 20:51even if it's true, we ought to spend
  597. 20:54more time doing something about it than
  598. 20:56worrying a bunch of people who can't do
  599. 20:58anything about it. It's our job to build
  600. 21:00it, right?
  601. 21:01>> Has there ever been a point in history
  602. 21:03where so many people have so vehemently
  603. 21:06said something that is so untrue?
  604. 21:08>> And they're measurably they're they're
  605. 21:10actually demonstrably untrue and it
  606. 21:12actually makes sense as untrue. It's not
  607. 21:15based on science. It's not based on
  608. 21:17research. Everything that's based on
  609. 21:18science and research proves otherwise.
  610. 21:20Is it a fear of the frontier? Humans
  611. 21:21have never been there. We've never seen
  612. 21:23it. Therefore, we're scared of it and
  613. 21:24therefore it's easy to tell everyone to
  614. 21:26be scared of it.
  615. 21:27>> It could be life experience as well,
  616. 21:28David. Um, so let me give you an
  617. 21:30example. When I first graduated from
  618. 21:32school, I was an engineer and I didn't
  619. 21:35do that much typing. And the reason for
  620. 21:37for that is because I was the first
  621. 21:39generation before software software
  622. 21:40became popular. We had to go build the
  623. 21:42computers to make software pop possible.
  624. 21:45Could you imagine
  625. 21:47in this generation every single engineer
  626. 21:49who came into the world of engineering
  627. 21:51you spend all your time typing
  628. 21:54literally that's what you do when you
  629. 21:56get a job they give you a laptop they
  630. 21:58give you a chair and you start typing
  631. 22:00you you type all day long you type from
  632. 22:02the moment you wake up to the m well
  633. 22:04there was engineering before typing
  634. 22:06>> right
  635. 22:07>> and so so can you imagine that the world
  636. 22:10has a mountain of engineering work to do
  637. 22:12where most of it is not typing anymore
  638. 22:14Sure,
  639. 22:16we were we had busy engineers before
  640. 22:18typing. I think we're going to do a lot
  641. 22:20of great engineering after typing.
  642. 22:22>> Yeah.
  643. 22:22>> When I say typing, I mean coding. I
  644. 22:24mean, and so even at NVIDIA when
  645. 22:27software engineers talk to me, I I tell
  646. 22:29them, you're just typing. I've been
  647. 22:32saying that forever, but obviously for
  648. 22:34fun. And I I tell them, my favorite key
  649. 22:38is backspace.
  650. 22:40And and the reason for that is because
  651. 22:42the best software is the smallest
  652. 22:44software. Yeah. So I I want you to use
  653. 22:46backspace software.
  654. 22:47>> Let's actually talk about Nvidia. I
  655. 22:49let's let's do a little tear down of
  656. 22:51Nvidia. So uh tear down meaning just
  657. 22:54explain the pieces because there's a lot
  658. 22:55of strategy at play. Let's start at the
  659. 22:57absolute bottom. So
  660. 22:59>> Oh no,
  661. 23:03>> this is not planned, but we know who it
  662. 23:04is.
  663. 23:05>> Oh no.
  664. 23:07No.
  665. 23:09Mr. President.
  666. 23:12Oh, yes, sir. Um, I gotta tell you
  667. 23:15something. It I I uh if it wasn't
  668. 23:18because of you calling, I would I'm on
  669. 23:21stage with the besties. I'm on stage
  670. 23:23with the besties. [laughter]
  671. 23:25I'm on stage with the besties. I'm on
  672. 23:27stage with Sachs. And
  673. 23:29>> yeah,
  674. 23:30>> you know, the whole group.
  675. 23:33Yeah. Jason's here. Chamat's here. David
  676. 23:36and David is here. Yeah. I'm sitting in
  677. 23:38front of a few thousand people
  678. 23:41and we're talking as it turned out we
  679. 23:43were we were talking about you.
  680. 23:45[laughter]
  681. 23:48Good job, sir. Good job. The fact that
  682. 23:50you saw through all of that, I mean,
  683. 23:52there's a lot of complexity and the fact
  684. 23:54of the matter is you saw through all of
  685. 23:55that and and I you know, we're all just
  686. 23:57really grateful.
  687. 24:00>> Tell them I said hi.
  688. 24:02[laughter]
  689. 24:04>> Do you want to say hi to the crowd?
  690. 24:06Jason would like Jason would like to put
  691. 24:08you on the
  692. 24:08>> even Jason
  693. 24:10speaker mode.
  694. 24:12>> How do we put How do we put on pus
  695. 24:15>> on? Put him on speaker.
  696. 24:16>> Speaker. Yeah.
  697. 24:17>> Right into the microphone.
  698. 24:18>> Here we're going to get a mic.
  699. 24:19>> Hang on a second.
  700. 24:20>> Hold on, sir. We're getting a
  701. 24:20microphone.
  702. 24:21>> Mr. President,
  703. 24:23>> you're you're now talking to the planet.
  704. 24:25>> You see, the great thing about life is
  705. 24:28that Jensen can develop the most complex
  706. 24:30computer chip in the world that nobody
  707. 24:32can copy for 10 years. But he can't
  708. 24:34figure out how to put me on SPEAKER
  709. 24:36[laughter]
  710. 24:39THING. We have to remember this one. So
  711. 24:42interesting the AI. It's almost as
  712. 24:45conspiracy
  713. 24:46and the happiest group is China and
  714. 24:49China is very happy. And I could even
  715. 24:51say in the country a lot of states are
  716. 24:54happy that weren't going to get anything
  717. 24:56because they're being uh inundated by
  718. 24:58people that want to be there. But now
  719. 25:00all of a sudden you see they're building
  720. 25:01in Finland. They want to build one.
  721. 25:03Google wants to build a big one in
  722. 25:05Finland, which I'm not happy about
  723. 25:07because they were unable to get
  724. 25:08permitting. And I'm telling you, it's
  725. 25:10all a hoax. The data centers are great
  726. 25:13and they make people wealthy and they
  727. 25:14make states wealthy and it's the oil of
  728. 25:17the next 20 25 years. It's bigger than
  729. 25:19the internet and the AI, you know, much
  730. 25:22more so. And uh they're just playing
  731. 25:25right into the hands of a lot of people
  732. 25:27that don't want to see it happen. And
  733. 25:30that could be political people. It could
  734. 25:31also be China. And we're not going to
  735. 25:34let that happen. It's a It's a hoax. And
  736. 25:37>> you're right. We're not going to let
  737. 25:38that happen, sir.
  738. 25:39>> No, we're not going to let it happen.
  739. 25:41The uh the robots are not going to be
  740. 25:44taking over the world. And that's not
  741. 25:46going to happen. You know, my uncle was
  742. 25:48a the top probably maybe the best of all
  743. 25:51time, frankly.
  744. 25:52professors at MIT for 41 42 years and
  745. 25:57can known as being one of the most
  746. 26:00brilliant men and he was he was there
  747. 26:02for 41 years as the top he was like at
  748. 26:06the top top of the ladder top of did
  749. 26:08many things Jensen knows all about it
  750. 26:10but did many things so I have a little
  751. 26:12genetic uh a little genetic strength if
  752. 26:15you believe in the resource [laughter]
  753. 26:16theory but I do I have genetic
  754. 26:18>> that explains why you know so much about
  755. 26:21AI I Yeah.
  756. 26:22>> Well, I know about AI. I know I also
  757. 26:24have common sense about AI. Uh the
  758. 26:26robots will not be taking over. Uh the
  759. 26:29AI will not be taking over the rest of
  760. 26:31the world. The whole thing is a hoax.
  761. 26:33Now, with that, we have to be a little
  762. 26:35bit careful. We have to very be, you
  763. 26:38know, we have to do things and we have
  764. 26:40to do them prudently. But that doesn't
  765. 26:42mean we're going to stop industry
  766. 26:44because, you know, as we work on the
  767. 26:45next 10 years about how to destroy it.
  768. 26:48So, I'm with you all the way. I didn't
  769. 26:49even know how you felt about it. And I
  770. 26:50assumed you felt the same way as me.
  771. 26:52>> Yes, sir.
  772. 26:53>> And we if we're going to lead and I have
  773. 26:55an expression, it's whoever wins AI
  774. 26:57wins. That's how big it is. It's bigger
  775. 26:59than the internet. And whoever wins AI
  776. 27:02wins. And we can't let this kind of
  777. 27:03stuff happen. And that includes very
  778. 27:06much includes data centers. There are
  779. 27:08communities that were dying that have
  780. 27:10data centers right now. And now they're
  781. 27:11wealthy communities. Really wealthy
  782. 27:14communities. We're We're going to make
  783. 27:15sure that We're going to make sure that
  784. 27:17everybody We're going to make sure that
  785. 27:18everybody wins in the AI race in
  786. 27:21America. Every industry, every company,
  787. 27:23every state, every people.
  788. 27:25>> Good. Well, I feel strongly about it and
  789. 27:27I have the position that can do
  790. 27:28something about it. We're not going to
  791. 27:29let that stuff happen. So, I have no
  792. 27:32idea who's at the meeting. I have no
  793. 27:33idea who the hell I'm talking to, but
  794. 27:35I'll see. [laughter]
  795. 27:38>> Did you Did you hear that? Did you hear
  796. 27:40that? Thousands of people are clapping
  797. 27:43for you, sir. All I know if you're there
  798. 27:46[applause]
  799. 27:48to listen to Jensen, but uh he's done an
  800. 27:50amazing job and David has done an
  801. 27:52amazing job and good luck to everybody
  802. 27:54and uh we're going to stay with the
  803. 27:57future. The country has never done
  804. 27:58better. We have 20 trillion dollars of
  805. 28:00investment coming into the country and
  806. 28:02that's as opposed to much less than 1
  807. 28:06trillion under sleepy Joe Biden and that
  808. 28:08was [laughter] for four years. This is
  809. 28:10in one year. So, you know, it's it's
  810. 28:12really the country is there's ne the
  811. 28:14country has never seen anything like it
  812. 28:15and we're going to keep it going. And
  813. 28:17so, thank you all very much.
  814. 28:19>> Thank you, Mr. President.
  815. 28:20>> Mr. President,
  816. 28:21>> thank you.
  817. 28:22>> I'll call you back later. Thank you, Mr.
  818. 28:24President. Thank you.
  819. 28:26>> Um I was unique.
  820. 28:28>> I thought it was a bit. Did you
  821. 28:30[laughter] know that was happening?
  822. 28:31>> I thought it was a bit. Yeah, that was
  823. 28:33>> it was No, it was real. I thought it was
  824. 28:35a bit at first when I was like, put him
  825. 28:37on speakerphone. [laughter]
  826. 28:39Wow.
  827. 28:40and he [clears throat] calls you. How do
  828. 28:41you how do you think he calls you any
  829. 28:43hour of the night, right?
  830. 28:44>> Well, we we were we were in the uh we
  831. 28:45were in the oval that time when he
  832. 28:47called you
  833. 28:49sleeping.
  834. 28:49>> You were asleep and he like said, "Wake
  835. 28:51him up."
  836. 28:52>> I felt I felt so bad because he's like,
  837. 28:53"Who's coming to this dinner?" And we go
  838. 28:55through the list. He's like, "Well, what
  839. 28:56about Jensen?" I said, "No, sir. We I
  840. 28:58He's on vacation." Cuz he he had to
  841. 28:59postpone this vacation for 5 years.
  842. 29:02>> And he's like, "Get him on the phone."
  843. 29:03[laughter]
  844. 29:04>> What's vacation?
  845. 29:05>> But what why do you think he sees
  846. 29:07through the hoax? It's it's this is the
  847. 29:08thing quite an extraordinary thing.
  848. 29:10>> It was it's polling minus 80.
  849. 29:13>> So for anyone else that's sitting in the
  850. 29:15Oval Office. You're going to do what's
  851. 29:17popular. You're representing the people.
  852. 29:19This is what everyone wants. They want
  853. 29:20to shut down the data centers and AI. It
  854. 29:22seems to be the popular thing in the
  855. 29:24moment. But he says it's a hoax and he
  856. 29:27calls it. How does he do that?
  857. 29:29>> I got to tell you, I'm not sure. And the
  858. 29:30reason for that is because a lot of
  859. 29:31people are falling for it. And so the
  860. 29:33fact of the matter is it's complicated.
  861. 29:35You know, at first, I mean, if you look
  862. 29:37at the story, if you look at the
  863. 29:38stories, it's all anchored on two
  864. 29:40things. The first thing that it was
  865. 29:41anchored on was national security. And
  866. 29:44recently, that was all blown blown to
  867. 29:45bits, right?
  868. 29:46>> And so, no, that story is no longer
  869. 29:48anchored on national security. Now, it's
  870. 29:50anchored on safety. Now, if you want AI
  871. 29:53to be safe, um the first thing is we
  872. 29:55need to make sure that the the labs that
  873. 29:57are building it are in control, that
  874. 30:00they're they're good tests for them. uh
  875. 30:02if we would like to have third parties
  876. 30:04uh uh to to um uh make sure that a third
  877. 30:08party evaluator third party evaluators
  878. 30:10are available that's no different than
  879. 30:12financial control. You guys know we have
  880. 30:13auditors
  881. 30:14>> and the auditors are quite quite um they
  882. 30:17don't have to be as expert as we are in
  883. 30:19our business but they just have to ask
  884. 30:21the right questions and um I I think I
  885. 30:23heard somebody say that it's good to
  886. 30:25have uh independent auditors or
  887. 30:27evaluators but they just have to have
  888. 30:29multiple. I agree with that too. Just as
  889. 30:31there's multiple evaluated and auditors,
  890. 30:34it makes sure that one company doesn't
  891. 30:36become, you know, pilled or somehow
  892. 30:38influenced um for for whatever reason.
  893. 30:40And so you, you know, there's a lot of
  894. 30:42different ways that you could solve
  895. 30:43this. Um and so I think the number one
  896. 30:45thing is let's build the technology
  897. 30:47safely. Let's make sure that the testing
  898. 30:50of it is safe. And I I recognize
  899. 30:53completely that that what what is being
  900. 30:55built is extraordinary. Um but these are
  901. 30:58extraordinary companies and and we ought
  902. 30:59to hold them to to extraordinary
  903. 31:01standards. Um and they want to be and
  904. 31:03they want to be
  905. 31:04>> I wanted to go back to open source for a
  906. 31:06second. [clears throat]
  907. 31:07Um a year ago we weren't taking it very
  908. 31:11seriously. It was two years 18 months
  909. 31:13behind.
  910. 31:13>> The one thing that you know one of the
  911. 31:15as you guys know one of the challenges
  912. 31:17when you're on the call with President
  913. 31:19Trump is hard to say something. Um
  914. 31:23[laughter]
  915. 31:24I'm going to get in trouble for that.
  916. 31:25I'm sure he's going to call me up up on
  917. 31:26that. But anyhow, uh what I was going to
  918. 31:29tell him and and and all of you is that
  919. 31:32AI is creating an enormous number of
  920. 31:33jobs. The the the thing that he wanted
  921. 31:36more than anything at the beginning of
  922. 31:37the the administration and that my first
  923. 31:39phone call with him, my first time I met
  924. 31:41him is that he wants to create jobs in
  925. 31:44America. He wants to re-industrialize
  926. 31:46the United States. He wants to make sure
  927. 31:48that United States has the energy to
  928. 31:50support the next industrial revolution.
  929. 31:52Without energy, there's no industrial
  930. 31:54growth. And so he wants to make sure
  931. 31:56that there's energy growth, that there's
  932. 31:58job growth, that they're
  933. 31:59re-industrializing
  934. 32:01the supply chain. Look at everything
  935. 32:02that we're doing right now. All of it is
  936. 32:04happening right now as we speak. We're
  937. 32:06creating more jobs than ever. We're
  938. 32:08creating software jobs. We were just
  939. 32:10talking about earlier. $400 billion
  940. 32:12dollar of venture financing went into
  941. 32:15the AI industry just recently. Yeah. 6
  942. 32:17months. Well, that's created a ton of
  943. 32:20jobs. That's created a ton of jobs. Um
  944. 32:22it's created you know obviously enormous
  945. 32:25amount of demand for compute which we're
  946. 32:26I'm happy about. Um which is also which
  947. 32:29is also creating a lot of demand for
  948. 32:30data centers and we ought to talk about
  949. 32:32that. I think I was just I was talking
  950. 32:34to um uh Governor Abbott uh uh of uh
  951. 32:38Texas and he was he was uh he wants to
  952. 32:40appeal to the industry to make sure that
  953. 32:42we are we are empathetic to the small
  954. 32:44communities as we're building data
  955. 32:46centers all of all across America just
  956. 32:49to be better listeners. Let's actually
  957. 32:51talk about that for a second.
  958. 32:52[clears throat] That's
  959. 32:53>> what's incredible about Nvidia if you if
  960. 32:55you break down the component parts is
  961. 32:57you've effectively had to become the
  962. 33:00bank of AI to get the ecosystem going
  963. 33:04and you've had to do it at all the
  964. 33:05levels. You know, you just did this
  965. 33:06thing with Cloverleaf where you're doing
  966. 33:07land powers shell. You did this great
  967. 33:09thing with Black Rockck and Goldman and
  968. 33:12all these folks to to essentially create
  969. 33:14the financing capability. walk us
  970. 33:16through your capital allocation strategy
  971. 33:18like what has to happen to get a broader
  972. 33:22ecosystem folks to be able to come in
  973. 33:24and underwrite this next phase.
  974. 33:26>> Well, we're we're creating as you guys
  975. 33:27know this is a new industrial revolution
  976. 33:29and and um every aspect of it is true.
  977. 33:32Um this new industry
  978. 33:34requires manufacturing just as just as
  979. 33:37uh the the the um electricity, internet
  980. 33:40and now AI. We power anything, we can
  981. 33:45find anything. Now with AI, we can ask
  982. 33:49and know anything. Isn't that right? And
  983. 33:51so that's our future. We tap into the
  984. 33:52ether and we can ask it of anything we
  985. 33:54want and it could explain it to us. Now,
  986. 33:57in order for that to happen, it's got to
  987. 33:58produce the intelligence. And so that's
  988. 34:00a production process which is the reason
  989. 34:02why this infrastructure has to get
  990. 34:03built. But once you get the
  991. 34:05infrastructure built, the question is um
  992. 34:07what about all of the other layers
  993. 34:09across the United States? Uh this
  994. 34:11industry isn't just about the model.
  995. 34:14It's not just about the chips. It's
  996. 34:16mostly about the applications on top.
  997. 34:19It's mostly about the infrastructure
  998. 34:21layer, the data centers and all the
  999. 34:23infrastructure, the the the the
  1000. 34:25construction, the electricity, the power
  1001. 34:27generation that all of that is involved.
  1002. 34:30And so I look across the entire
  1003. 34:32ecosystem and look for bottlenecks and
  1004. 34:34if there are places where extraordinary
  1005. 34:36companies are being built
  1006. 34:37>> constraints
  1007. 34:38>> constraints extraordinary companies
  1008. 34:39being built uh maybe it's uh uh uh
  1009. 34:43supply chain that has to uh get scaled
  1010. 34:46up so that when we're ready to deploy
  1011. 34:49compute that they'll be ready for us
  1012. 34:51land power shell and so this is no
  1013. 34:53different than looking at the supply
  1014. 34:54chain upstream. You know, I I probably
  1015. 34:57uh think about the long-term supply
  1016. 34:59chain more than most because our
  1017. 35:01company's really large and and um in
  1018. 35:03order for us to succeed, a whole bunch
  1019. 35:05of companies has to support me. You
  1020. 35:07know, it's got to uh Corning has to, you
  1021. 35:09know, Wendle at at Corning has to
  1022. 35:12support me, Lumenum, and you know, TSMC
  1023. 35:15of course and memory companies and and
  1024. 35:17so we started working with all of these
  1025. 35:18companies long before the revolution
  1026. 35:21that the the growth came so that the
  1027. 35:23growth could happen. Now I'm got now I'm
  1028. 35:26doing a downstream.
  1029. 35:27>> The compet cycle tends to be though that
  1030. 35:29the earnings over time over long
  1031. 35:30stretches of time tends to move up the
  1032. 35:32stack right towards the application
  1033. 35:34layer where you can over earn for larger
  1034. 35:36periods of time. Um I mean you bought
  1035. 35:39hugging face now you're sort of in the
  1036. 35:41actively in the serving business. I mean
  1037. 35:43it seems pretty natural that products
  1038. 35:47like open router make a lot of sense. It
  1039. 35:49seems pretty obvious that you know there
  1040. 35:51are better versions of ways to build
  1041. 35:52things like bedrock. I'm sure you think
  1042. 35:54about it. What's the natural conclusion?
  1043. 35:57Because it seems like the folks up here
  1044. 35:59have no issue trying to move down.
  1045. 36:01>> Mhm.
  1046. 36:02>> And you have the best balance sheet,
  1047. 36:03these incredible engineers, and you have
  1048. 36:05the proven experience to make it right
  1049. 36:08and engineer the product and get it out.
  1050. 36:10So, how do you think about looking up
  1051. 36:12and saying, "I could probably do that."
  1052. 36:14>> The the reason why Nvidia runs every
  1053. 36:16single model in the world, we were the
  1054. 36:19only It's incredible. Last year about a
  1055. 36:21year and a half ago the only thing we
  1056. 36:23ran was open AI.
  1057. 36:24>> Yeah.
  1058. 36:25>> And now look at amazing models are
  1059. 36:27available. The Metamuse is available.
  1060. 36:29You got gro is available. Grockbots's
  1061. 36:31incredible. Um we now run Gemini. Uh and
  1062. 36:35anthropic is is uh scaling up on our
  1063. 36:37platform as well. Uh since a year and a
  1064. 36:39half ago, you got all these frontier AI
  1065. 36:41models that are now open that are
  1066. 36:43available. So the number of models that
  1067. 36:45are are are growing. Um there's a whole
  1068. 36:47bunch of companies that I won't mention
  1069. 36:49that are building uh frontier models as
  1070. 36:51well. And the the number of AI labs are
  1071. 36:54growing. Yeah. The the ineffables, the
  1072. 36:57uh the reflections, the right the list
  1073. 37:00goes on. The physical intelligence, the
  1074. 37:02list goes on. Okay. And so all of these
  1075. 37:04labs are building on NVIDIA. And the
  1076. 37:06reason for that is because as a company,
  1077. 37:09I rather for us to help everybody
  1078. 37:12succeed instead of taking a slice out.
  1079. 37:16And so we would go up as far as we need
  1080. 37:19to but as low as possible.
  1081. 37:22>> Our strategy is go up as far as we need
  1082. 37:25to and as low as possible. And the
  1083. 37:26reason for that is because if I do that,
  1084. 37:29if I solved the if if not for Nvidia
  1085. 37:32creating QDNN, all of the frameworks
  1086. 37:34wouldn't exist. If not for us creating
  1087. 37:36Megatron uh megatron core, uh then all
  1088. 37:40of the large scale training wouldn't
  1089. 37:41have happened.
  1090. 37:42>> Wouldn't exist. Um, so we we go and we
  1091. 37:44invent all the technology necessary as
  1092. 37:46far as we need to and then we let a
  1093. 37:48thousand flowers bloom.
  1094. 37:50>> And so that posture allows us to be
  1095. 37:52quite frankly the only
  1096. 37:54>> Well, look, let's be honest that I I
  1097. 37:55agree with you. The push back would be
  1098. 37:58that it really would be great to have
  1099. 38:00more competition at the hyperscare
  1100. 38:02layer. And I think you've done a great
  1101. 38:04job supporting the NeoClouds. There are
  1102. 38:06some. And by the way, I think you
  1103. 38:07introduced me to NBS. Superb, great,
  1104. 38:09everything. They're amazing. But we need
  1105. 38:11like 50 of these guys. We need a hundred
  1106. 38:13of them. We need a thousand of them. And
  1107. 38:15it just may take some
  1108. 38:17>> Yeah. You know, it's just I'm
  1109. 38:20surprisingly uncompetitive
  1110. 38:23>> really. Yeah. [laughter] That's not my
  1111. 38:26thing. You know, my thing is kind of
  1112. 38:28like for example, I'd be more than happy
  1113. 38:30with five hyperscalers. However, um the
  1114. 38:34reason I noticed the early customers of
  1115. 38:36all the Neoclouds, all the what we call
  1116. 38:38NCPs, all the early customers were the
  1117. 38:41hyperscalers.
  1118. 38:42>> Exactly.
  1119. 38:42>> And the reason for that is because the
  1120. 38:44hyperscalers plan once a year, but the
  1121. 38:47market dynamics is so volatile right now
  1122. 38:50>> that they're always almost wrong. And so
  1123. 38:53with all these regional clouds who are
  1124. 38:56agile and they can move fast, um they
  1125. 38:59know their state or they know their
  1126. 39:00country, they know their region, they're
  1127. 39:03securing land, power and shell in a way
  1128. 39:05that's hard for somebody who sits in
  1129. 39:07Seattle or sits in Palo Alto to be able
  1130. 39:09to see the planet.
  1131. 39:10>> And so we now have basically a largecale
  1132. 39:13distributed network of companies that
  1133. 39:15are building securing land power shell
  1134. 39:17for us. and [snorts] um uh and and now
  1135. 39:20countries realize it's strategic.
  1136. 39:22>> Yeah.
  1137. 39:22>> So many countries are saying I'm going
  1138. 39:24to take my power and only give it to my
  1139. 39:26own companies,
  1140. 39:27>> right?
  1141. 39:28>> Well, Nvidia is in that country as well
  1142. 39:30and we could help the Neoclouds in that
  1143. 39:32country grow and and so whether it's
  1144. 39:34whether it's Fermas and Australia, we
  1145. 39:36just did a whole bunch of stuff in
  1146. 39:37Australia. Um brought on two more
  1147. 39:39gigabytes. Uh Southeast Asia of course
  1148. 39:43IOH and others bring on a few gigabytes.
  1149. 39:45And so we're building gigawatts. So,
  1150. 39:48we're building, you know, we're we're
  1151. 39:49scaling up. You know, it's
  1152. 39:51>> pretty clear, though. I just want to get
  1153. 39:52this one thing in. It's pretty clear
  1154. 39:54that you're going pretty high up and
  1155. 39:56getting very focused on open-source.
  1156. 39:58Obviously, you have your Neotrons doing
  1157. 40:01exceptionally well. I use them often.
  1158. 40:02Hugging face poolside and Laguna uh very
  1159. 40:06very solid product that you're now uh
  1160. 40:08aqua hiring, hiring, whatever it is. Um
  1161. 40:11and then you have your open source stack
  1162. 40:12for self-driving also uh very
  1163. 40:15disruptive. So
  1164. 40:16>> we are the frontier model in five
  1165. 40:18domains.
  1166. 40:19>> Yeah.
  1167. 40:19>> Yeah. And so
  1168. 40:21>> you don't seem to build products to get
  1169. 40:23the silver medal. You seem to go for the
  1170. 40:26gold. So are you going for the gold? And
  1171. 40:28will you have the best hands-down
  1172. 40:30open-source model? And then
  1173. 40:34part B to that is can open source catch
  1174. 40:36up to frontier models and are you the
  1175. 40:38person to do it? So the logic the logic
  1176. 40:40Jason is that that um we will build it
  1177. 40:44because one uh we can we have the skills
  1178. 40:47to do it and because our customers need
  1179. 40:50us to do it
  1180. 40:51>> right. So, for example, Alpamo is the
  1181. 40:54world's first thinking self-driving car.
  1182. 40:57And by by thinking, by reasoning, you
  1183. 40:59don't need as much data as, you know,
  1184. 41:01you don't have to train on a few billion
  1185. 41:04hours of road data because you could
  1186. 41:06reason about it. Break down the problem
  1187. 41:08into I've seen this before. It's not
  1188. 41:10exactly the same, but it's largely the
  1189. 41:11same as that. Okay? And so, so Alpamo,
  1190. 41:14why is it necessary? Well, there's a
  1191. 41:16whole bunch of car companies. Every car
  1192. 41:17in the world is going to be autonomous,
  1193. 41:19but beyond that, every ag tech, every
  1194. 41:23truck, every van, and most of them
  1195. 41:26aren't big enough in scale to be able to
  1196. 41:28build that whole stack. So, I'll build
  1197. 41:30an extraordinary stack for them. They do
  1198. 41:32last mile adapting for their
  1199. 41:34application. Now, everything that moves
  1200. 41:36in the future could be autonomous. If
  1201. 41:38not for us building uh some of the some
  1202. 41:41of the biology models, the world
  1203. 41:42wouldn't have it. uh the the ESM2 uh
  1204. 41:45protein found language model we created
  1205. 41:47that ESM fold open fold alpha fold 2 um
  1206. 41:51all the stuff with with coup equavariant
  1207. 41:53um all of that stuff technology wouldn't
  1208. 41:55have existed if we didn't build it uh uh
  1209. 41:58one of my favorites uh proteina complexa
  1210. 42:01uh is you know synthesizing next
  1211. 42:03generation proteins and it's binding
  1212. 42:05it's groundbreaking stuff we built that
  1213. 42:07and so we'll build that because Lily
  1214. 42:08needs it and and uh you know Merc needs
  1215. 42:11it and others need it and they don't
  1216. 42:12have the capab ability to do it or they
  1217. 42:14they're not yet there and so we can make
  1218. 42:15a real contribution. So I do everything
  1219. 42:18out of need. I'm not trying to disrupt I
  1220. 42:21mean we don't wake up in the morning try
  1221. 42:22to disrupt anybody.
  1222. 42:23>> We just wake up in the morning try to
  1223. 42:25help everybody.
  1224. 42:25>> Jensen, what about what about
  1225. 42:27competitive threats that might be
  1226. 42:28emerging to your core business? Can you
  1227. 42:30just comment?
  1228. 42:31>> Just so nice.
  1229. 42:32>> Yes. Well, I know this is Well, I I
  1230. 42:34actually want I want to just get your
  1231. 42:36let's just call it a take. What's your
  1232. 42:38take on Terraab 100 million square foot
  1233. 42:40facility Elon's announced and um
  1234. 42:43>> if anybody could do it he can and the
  1235. 42:45two of us were on a flight together to a
  1236. 42:48country and um
  1237. 42:51>> with a person who sometimes calls you on
  1238. 42:55the phone. It was it was a nice plane
  1239. 42:57and and and we had like you know and you
  1240. 43:02know Elon likes to talk about these
  1241. 43:04things and and so uh we spent a lot of
  1242. 43:06time talking about it.
  1243. 43:08>> I I is that anybody could do it because
  1244. 43:10I mean you could you design chips you
  1245. 43:12don't fab them. Could your chips be fab
  1246. 43:14there or is it
  1247. 43:15>> Well, we know we we know a lot about
  1248. 43:17process technology because we're pushing
  1249. 43:19the limits of everything,
  1250. 43:20>> right? And you [clears throat] know
  1251. 43:21because we scale at such large scale uh
  1252. 43:24we have incredible memory technology
  1253. 43:26inside the company. We're the world's
  1254. 43:27best sis company. You know we got lots
  1255. 43:29of amazing.
  1256. 43:30>> So your take is you've talked a lot
  1257. 43:31about it.
  1258. 43:32>> So we could just yeah we could talk
  1259. 43:33about it and and um you can't discourage
  1260. 43:36Elon from doing it which is one of his
  1261. 43:38incred that's his superpower and once he
  1262. 43:40decides to go do something it's hard to
  1263. 43:42stop him. And so I
  1264. 43:43>> And can can you give us your take on
  1265. 43:44where China is with advanced lithography
  1266. 43:46systems? Um native grown.
  1267. 43:48>> They're going to get there by 2030.
  1268. 43:50>> By 2030. [clears throat]
  1269. 43:51>> Yeah. And 2030 is just around the
  1270. 43:53corner.
  1271. 43:53>> Yeah.
  1272. 43:54>> Also, that's how long will all be dead
  1273. 43:56at that time. So,
  1274. 43:58>> and does and for China, does that mean
  1275. 43:59the switch is flipped and then that's
  1276. 44:01all going to go into um mainland fabs
  1277. 44:05>> almost immediately?
  1278. 44:06>> You know, the the way to think about
  1279. 44:08China is really good at high volume
  1280. 44:10production.
  1281. 44:12And this is just matter of time.
  1282. 44:15>> Yeah.
  1283. 44:16>> And I you know I I think in I I think in
  1284. 44:20decades as well you know I've been
  1285. 44:22around a long time and you know for
  1286. 44:24Nvidia I've got to think about what
  1287. 44:25happens next decade and decade after
  1288. 44:27that. So two or three years is it's just
  1289. 44:29a click. It's nothing.
  1290. 44:31>> And so as far as they're concerned
  1291. 44:32they're already there.
  1292. 44:33>> They're already there.
  1293. 44:34>> Yeah.
  1294. 44:34>> Jensen Elon uh and Gwen
  1295. 44:37>> we've got to run America. We got to run.
  1296. 44:40>> Yeah. speedun.
  1297. 44:41>> So, we got
  1298. 44:42>> speedun.
  1299. 44:43>> Slowing down is definitely the wrong
  1300. 44:45strategy.
  1301. 44:46>> Well, I mean it [clears throat] it feels
  1302. 44:48apparent, I think, to most of us in the
  1303. 44:49industry that we're kind of in the AGI
  1304. 44:51moment. And it's a definition obviously
  1305. 44:54just as smart as any other human.
  1306. 44:55>> I think we're already there.
  1307. 44:56>> We're there, right? And so then super
  1308. 44:58intelligence is the next way point based
  1309. 45:01on what you see, based on your customer
  1310. 45:02base, based on your history here.
  1311. 45:04>> But Jason, I think we're there, too.
  1312. 45:05>> You think we're at super intelligence?
  1313. 45:06>> Yeah. Yeah. When you when you when you
  1314. 45:09take a narrow segment
  1315. 45:11a narrow segment I mean my my
  1316. 45:13self-driving car I don't want you to
  1317. 45:14make me an omelette I just want you to
  1318. 45:16drive the car
  1319. 45:17>> right
  1320. 45:18>> that is super intelligent
  1321. 45:18>> super it's better it's better than a
  1322. 45:20human
  1323. 45:20>> yeah yeah
  1324. 45:22>> onetenth the the accident rate
  1325. 45:24>> exactly
  1326. 45:24>> uh synthesizing proteins you know uh
  1327. 45:28doing virtual screening of proteins
  1328. 45:29we're already there
  1329. 45:31>> are you having fun being on the frontier
  1330. 45:33of humanity
  1331. 45:36>> I like Yeah, [laughter]
  1332. 45:40>> ladies and gentlemen.
  1333. 45:41>> Ladies and gentlemen,
  1334. 45:42>> I like it. I like it. And guys, guys,
  1335. 45:44it's it's it's great there. The future
  1336. 45:47is great and we want to get there.
  1337. 45:50Listen, ride the bike. A lot of us don't
  1338. 45:53have to work. But I got to tell you,
  1339. 45:55it's too good not to be.
  1340. 45:56>> So fun,
  1341. 45:57>> right? And so, so I want every we I want
  1342. 46:00to be there. I want all of you guys
  1343. 46:01there with me. We're all going to be
  1344. 46:03there. we're going to be enormously
  1345. 46:05successful together as a humanity. And
  1346. 46:08um and in the meantime, uh we got to
  1347. 46:10encourage them, urge them on. They're
  1348. 46:12doing really, really important work as
  1349. 46:14you guys know. And I want them to
  1350. 46:16succeed. Um I also would love for us to
  1351. 46:19tone down the the the the drama and most
  1352. 46:23importantly, we need all of America to
  1353. 46:25come with us. That's how we make it.
  1354. 46:28>> Ladies and gentlemen, Jensen Long.
  1355. 46:30[applause]
  1356. 46:31[music]
  1357. 46:31>> Thanks, man. Appreciate you. Thank you.
  1358. 46:35>> Thank you.
  1359. 46:36>> That was awesome. [music]
  1360. 46:38Only your part.
  1361. 46:39>> That was awesome. That was great.
  1362. 46:41>> Thanks, guys.
  1363. 46:43That was great, huh? Great time.

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