Jensen Huang, CEO of NVIDIA, had some words of praise for Elon Musk’s contributions to AI development in a recent interview.
• Jensen Huang praises Musk for his AI efforts
• Analysts are also positive
• Huang wants to help government succeed
NVIDIA CEO about Elon Musk
NVIDIA CEO Jensen Huang recently spoke about a range of topics in a Bloomberg interview – including new NVIDIA chips, AI, Elon Musk and President-elect Donald Trump. Above all, he found words of praise for Elon Musk. The jack-of-all-trades has achieved a lot, especially because of his progress in AI efforts in the areas of cognitive intelligence, autonomous driving and robotics. He described these three fields as the most important in AI and emphasized: “He is working on exactly the right things.”
Huang also emphasized that Musk has a significant advantage in collecting and using real-world data thanks to Tesla’s AI-powered factories, autonomous driving algorithms and extensive vehicle inventory.
“He’s just in a phenomenal position and he’s been working on it for a long time,” said the NVIDIA boss. “And that’s why he’s going to be in a great position to take advantage of that.”
At the same time, Huang pointed to an impending change in data processing. He explained that the coming years will see a transition from traditional general-purpose computing to AI-powered and accelerated computing, which is expected to transform the industry.
Tesla’s AI efforts
But Huang isn’t the only one who has words of praise for Tesla’s AI efforts. Some experts also share Huang’s view of the role Tesla plays in the AI industry. The analysts at Morgan Stanley have recently been particularly optimistic.
According to the analysts, Tesla could put its first autonomous ride-sharing fleet into operation as early as 2026, although a widespread introduction is not expected until after 2030. Experts predict a fleet of up to 7.5 million autonomous vehicles by 2040. Under optimistic assumptions, there could be as many as 12 million vehicles, with revenue of up to $1.50 per mile driven.
However, in addition to the vehicle business, Morgan Stanley also highlights Tesla’s network services, such as the Full Self-Driving System (FSD), paid software updates and the Supercharger network.
The recent optimism of Morgan Stanley analysts is also reflected in an increase in the price target for Tesla shares from $400 to $430, with a possible maximum of $800 in the so-called bull case. This is due to Tesla’s unique position in key areas such as data collection, robotics, energy storage and AI infrastructure. The lead over competitors makes Tesla a pioneer in the market for autonomous mobility and underlines the central importance of AI for the future of the company.
Huang on the Trump administration
But Huang didn’t just comment on Elon Musk in the interview. The CEO also had positive things to say about Trump. “I would be happy to meet him, congratulate him and do everything we can to help this government succeed,” he explains.
When asked how the company has prepared for the upcoming tariffs, Huang said they will provide the government with as much insight as possible. “And I am sure that the government will take the right steps that are in the best interests of our country.”
Editorial team finanzen.net
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