Nvidia CEO Jensen Huang in India: ‘Very rich ecosystem, will see 20x growth’, announces AI partnership with Reliance

Nvidia CEO Jensen Huang in India: Calling India a “darling” to the global computer industry, Nvidia CEO Jensen Huang said the country is expected to witness 20-fold growth in computer capacity this year, PTI reported.

Speaking at the Nvidia AI Summit 2024 in Mumbai on October 24, Huang said: “India is very, very dear to the global computer industry, central to the IT industry, at the center and core of the IT of almost every company in the world. The Nvidia ecosystem in India is very rich; 2024 will see a 20x growth in computing capabilities in India.”

‘Seismic Shift in Industry’

Huang described the current state of the industry as undergoing a “seismic shift” and noted that India – a traditional software export hub – is poised to become a leader in AI export in the future.

“India exported software; in future India will export AI. India has focused on being a back office for producing software; the next generation will be AI production and delivery. It will be dramatically more impactful. In the long term, I hope we all have our own AI co-pilots,” he said.

On the fear of AI taking jobs

Regarding fears surrounding the rise of artificial intelligence in the technology space, Huang stated that AI will “absolutely not take away a job,” adding, “but the person who uses AI to do a job better will take away the job.”

He also announced that Nvidia is partnering with Mukesh Ambani-led Reliance Industries (RIL) to build AI infrastructure in India.

Huang also took time to praise Prime Minister Narendra Modi, telling the audience: “PM Modi asked me to speak to his cabinet about AI six years ago. (He) was the first national leader to make such a request.”