During Nvidia’s GTC 2024 event keynote on Monday, CEO Jensen Huang emphasized the concept of the “AI factory.”
Huang explained to TechCrunch in an interview after the keynote, “In the last Industrial Revolution, the raw material that went into the factory was water. And the product was electricity.”
He drew parallels between this traditional manufacturing process and the modern data center, referring to them as “AI factories.” Huang elaborated, “The raw material that goes in is data and electricity. What comes out of it is data tokens. The token is invisible and will be distributed all over the world. It’s very valuable.”
In a world where Nvidia aims to shift perceptions of data centers and AI tools, Huang highlighted the financial potential of viewing them as factories. He stated, “The last time, data centers went into your company’s cost centers and capital expenditure. You think of it as cost. However, a factory is a different thing. It makes money. The new world of generative AI has a new form of factory.”
