Chipmaker Nvidia surges past Saudi Aramco, becomes world's third-largest company
Nvidia's stock added 4 per cent after Dell, which sells high-end servers made with Nvidia's processors, gave an upbeat forecast late on Thursday, pointing to a surge in orders for its AI-optimized servers. The Nasdaq 100 climbed almost 1.5 per cent, a gauge of chipmakers jumped over 4% and Nvidia Corp. led gains in megacaps.
Meanwhile, Nvidia Chief Executive Jensen Huang on March 1 said that artificial general intelligence could - by some definitions - arrive in as little as five years, while speaking at the 2024 Stanford Institute for Economic Policy Research Summit in Palo Alto, California. Huang, who heads the world's leading maker of artificial intelligence chips used to create systems like OpenAI's ChatGPT, was responding to a question at an economic forum held at Stanford University about how long it would take to achieve one of Silicon Valley's long-held goals of creating computers that can think like humans. Huang said that the answer largely depends on how the goal is defined.
If the definition is the ability to pass human tests, Huang said, artificial general intelligence (AGI) will arrive soon. "If I gave an AI ... every single test that you can possibly imagine, you make that list of tests and put it in front of the computer science industry, and I'm guessing in five years, we'll do well on every single one," said Huang, whose firm hit $2 trillion in market value on Friday.
As of now, AI can pass tests such as legal bar exams, but still struggles with specialized medical tests such as gastroenterology. But Huang said that in five years it should also be able to pass any of them. But by other definitions, Huang said, AGI may be much further away, because scientists still disagree on how to describe how human
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