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As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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TechElon Musk

Nvidia CEO Jensen Huang praises Elon Musk for his AI progress – ‘He’s working on exactly the right things’

By
Stuart Dyos
Stuart Dyos
Weekend News Fellow
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By
Stuart Dyos
Stuart Dyos
Weekend News Fellow
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January 12, 2025, 7:42 PM ET
Nvidia CEO Jensen Huang delivering keynote of CES 2025 in Las Vegas on Jan. 6.
Nvidia CEO Jensen Huang delivering keynote of CES 2025 in Las Vegas on Jan. 6.Artur Widak—NurPhoto via Getty Images
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  • Jensen Huang applauded Elon Musk at CES for his multi-layered progression in AI endeavors, including in the areas of cognitive intelligence, autonomous driving, and robotics.

Nvidia CEO Jensen Huang spoke highly of Elon Musk, citing the tech billionaire’s significant advances in artificial intelligence. 

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Huang said Musk, an Nvidia customer, has a great advantage in collecting real-world data, citing Tesla’s AI-enabled factories, autonomous vehicle algorithms, and large fleet of cars.

“He has just a phenomenal position, and he’s been working on this for a long time,” Huang said in an interview with Bloomberg TV at CES on Tuesday. “And so he’s going to be in a great position to take advantage of it.” 

Huang also praised Musk, for his efforts in advancing AI with his work in cognitive intelligence at his xAI startup, autonomous driving at Tesla, and the Optimus humanoid robot. 

“These three areas of AI are the three most important,” he said. “He’s working on exactly the right things.”

While Huang believes that Musk will have a lasting impact on the AI industry, the CEO of the chip giant foreshadowed a shift in data processing.

“Over the next several years, you’re going to see the transition from the old way of doing computing, general purpose computing, to this new way of doing computing, artificial intelligence and accelerated computing,” Huang said.

More AI news:

  • California wildfires raise alarm on water-guzzling AI like ChatGPT
  • Biden’s AI chip export restrictions give Trump a powerful weapon as Europe prepares for U.S. assault on its tech rules
  • Wall Street job losses may top 200,000 as AI replaces roles
About the Author
By Stuart DyosWeekend News Fellow

Stuart Dyos is a weekend news fellow at Fortune, covering breaking news.

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