New Delhi, April 17 (IANS) Billionaire industrialist Gautam Adani, Chairman of the Adani Group, has become Asia’s richest individual, overtaking Reliance Industries Chairman Mukesh Ambani, according to the latest Bloomberg Billionaires Index.Gautam Adani’s net worth rose to $92.6 billion, placing him 19th globally, while Mukesh Ambani slipped to the 20th position with a net worth of $90.8 billion.The reshuffle at the top highlights the ongoing volatility in global wealth rankings in 2026, am…
Latest Jensen Huang News & Updates
New Delhi, March 17 (IANS) IT stocks came under selling pressure on Tuesday, emerging as the top dragger among sectoral indices amid rising concerns over the impact of generative artificial intelligence on traditional revenue streams.The Nifty IT index declined as much as 2.59 per cent to 28,288, hitting an intra-day low, with all constituents of the index falling by up to around 7 per cent.Meanwhile, the Nifty traded with high volatility, while weakness was also seen in PSU Bank and FMCG indice…
New Delhi, March 17 (IANS) Major chipmaker Nvidia made a series of announcements at its annual GTC event, with CEO Jensen Huang saying that the company could generate up to $1 trillion in revenue from AI chips alone by 2027 amid the ongoing rapid growth in artificial intelligence industry.Speaking at the event held in San Jose, California, Huang outlined Nvidia’s strategy to dominate the AI ecosystem by building an integrated stack of hardware, software and infrastructure.One of the key highli…
Washington, Feb 26 (IANS) NVIDIA chief executive Jensen Huang said the global artificial intelligence boom has entered a decisive phase, declaring that computing power now directly drives revenue growth and national competitiveness. “In this new world of AI, compute equals revenues,” Huang said Wednesday (local time) during the company’s earnings call. “Without compute, there is no way to generate tokens. Without tokens, there is no way to grow revenues.”He said architecture decisions …
New Delhi, Feb 14 (IANS) Nvidia Corp on Saturday confirmed that its Chief Executive Officer Jensen Huang will not attend the India AI Impact Summit scheduled to begin next week in the national capital. Huang was earlier expected to speak to the media on February 17, but his visit has been cancelled due to unforeseen circumstances, the company said.”Due to unforeseen circumstances, Jensen Huang is unable to travel to India at this time,” it said.”NVIDIA remains deeply committed to the AI Impact S…
Davos, Jan 24 (IANS) The 56th annual meeting of the World Economic Forum (WEF) here this week served as an essential and leading platform for convening decision-makers for consequential dialogue that enabled progress on the most challenging issues facing the world today.According to the WEF, close to 3,000 leaders from across regions, sectors and generations from 130 countries came together, including a record 400 top political leaders, nearly 65 heads of state and government, a majority of G7 l…
Davos, Jan 22 (IANS) Jensen Huang, President and CEO of Nvidia, has said that we need to think about jobs in terms of purpose versus tasks in the AI era as “the purpose is enhanced and made more productive because the task has been automated” with the help of AI.Discussing how AI infrastructure, compute power and GPU innovation are defining the next era of technological transformation and economic growth at the World Economic Forum meeting here, Huang enthused about the potential of AI and e…
New Delhi, Jan 19 (IANS) World leaders from government, business, civil society and academia have convened in Davos to engage in forward-looking discussions to address global issues and set priorities. The call for bold collective action makes the meeting particularly relevant, according to the World Economic Forum (WEF).According to the Forum, the event from January 19-23 will be structured around five key global challenges where public-private dialogue and cooperation, involving all stakeholde…
Seoul, Jan 13 (IANS) US tech giant Nvidia officials have expressed their intent to offer South Korea priority in supplying its next-generation Vera Rubin graphics processing units (GPUs), a senior Seoul official said on Tuesday.Second Vice Science Minister Ryu Je-myung made such a remark in a social media post recalling his recent visit to Nvidia’s headquarters in the U.S. after attending the Consumer Electronics Show (CES) 2026 in Las Vegas, reports Yonhap news agency.”Nvidia officials pledged …
Seoul, Jan 9 (IANS) Hyundai Motor Group said on Friday it has started mass production of an on-device artificial intelligence (AI) chip that enables robots to operate autonomously without external network connectivity.The announcement of the chip, named Edge Brain, was made at CES 2026 in Las Vegas on Thursday (local time), where the group showcased the results of a three-year strategic partnership between Hyundai’s Robotics Lab and DeepX, a South Korea-based AI chip firm, reports Yonhap news ag…