How five top CEOs describe the AI boom in 2024 | Wilnesh News

Throughout 2024, CNBC’s Jim Cramer discusses the seemingly limitless rise of artificial intelligence with dozens of CEOs from the tech world. Here’s how five top business leaders describe the meteoric rise of artificial intelligence this year.

NVIDIA CEO Jen-Hsun Huang said that the “artificial intelligence computing ramp” has just begun and will continue for several years.
Huang outlined the prospects for artificial intelligence in March and said investment in the new technology was still in its early stages. He predicted growth in the coming years and suggested that artificial intelligence could drive innovation in fields as diverse as science and healthcare.

Nvidia is a giant in the artificial intelligence revolution because it designs and sells advanced technologies that are critical to the technology. The company is a top supplier of GPUs, which are used to develop and implement new artificial intelligence software such as OpenAI’s ChatGPT. Large technology companies are generally keen to buy Nvidia’s products, and customers include Yuan, Tesla, Microsoft and Amazon Spend billions of dollars. Nvidia stock has gained more than 176% year to date, and at times this year has even surpassed apple Become the most valuable company in the market.
mass strike CEO George Kurtz said cybercriminals were escalating: “The future is going to be a battle for artificial intelligence.”
Kurtz described in February how his cybersecurity company is fighting cybercrime “more active than ever” as hackers grow and become more sophisticated with new artificial intelligence technology. He said generative artificial intelligence is democratizing “very esoteric techniques and attacks” so that less skilled cybercriminals can still carry out advanced attacks.

“What we discussed on the earnings call was the ability to use generative artificial intelligence to create more adversaries with lower skill levels but operating at a higher skill level,” Kurtz said. “Of course, on the security side, we Leveraging Generative AI AI can help protect our customers, so the future will be an AI battle.
snowflake Chief Executive Sridhar Ramaswamy said generative AI will keep him “busy for many years to come.”
Ramaswamy, who took over at Snowflake in February, described how the data analytics software maker plans to use new artificial intelligence technology.

“We have ambitions to do more, whether it’s applications running on Snowflake or leveraging the power of generative AI (something I’ve been focused on over the past year) to democratize access to enterprise data and make it more accessible. More people can quickly access data and derive value from it,” Ramaswamy said. “So I think there are huge opportunities in data applications and artificial intelligence that will keep me busy for many years to come.”

Snowflake partners with Nvidia, and in May, Ramaswamy announced a new project with the AI darling. According to him, Snowflake’s product pipeline, “especially in the artificial intelligence space, has been in overdrive.”
AMD CEO Lisa Su described the competition with Nvidia: “There’s no one size fits all in computing.”
Although Nvidia has a leading position in the red-hot semiconductor design industry, competition remains fierce, with AMD and Intel Get customers who are willing to pay top dollar. But in September, when asked about competition with Nvidia, Su said there was room for more than one major player in the space. According to her, “tech ecosystems” work well when there are competition and partnerships, and customers want to be able to choose from a variety of reliable options.

“The way to think about it is that there is no one-size-fits-all approach in computing,” Su said. “You know, there’s not just one architecture. In fact, every application needs the right computing.”

Su said she believes “artificial intelligence will impact everyone’s life” and that the world is just beginning to realize the power of new technologies. She also said people should not be impatient about the impact of artificial intelligence because “technology trends should last for years, not months.”
General Motors Chief Executive Aaron Jagdfeld said pressures on the grid from weather and technology “will only get worse.”
Jagdgeld warned that as demand for data centers and other AI-related technologies continues to grow, pressure on the grid will only increase. He said 40% of the generator company’s business comes from commercial and industrial-type products, such as backup products for manufacturing plants, distribution centers, hospitals and data centers.

“This has become a very important discussion point,” Jagfield said. “This is only going to get worse.”