During the World Economic Forum in Davos, Switzerland, Nvidia founder and CEO Jensen Huang had a conversation with BlackRock CEO Larry Fink. Larry Fink joked that both companies IPO'd in 1999.However, the annualized return on investment in my company is 21%, while NVIDIA’s is 37%.
Huang Renxun admitted his "most regrettable thing".He sold some of his shares when NVIDIA's market value was only $300 million and bought a Mercedes-Benz for his parents. "Looking back now, that was probably the most expensive car in the world."
It is understood that NVIDIA is the first listed company in history with a market value exceeding US$5 trillion. Currently, NVIDIA's total market value is US$4.33 trillion, making it the company with the highest market value in the world.
In addition, Huang Renxun also talked about three key changes in the field of artificial intelligence in the past year at the Davos Forum.
First, large models begin to have general reasoning and planning capabilities; second, the opening of reasoning capabilities has significantly accelerated industry applications; third, physical AI is becoming a reality.
Huang Renxun pointed out that these three developments together signal that AI is moving from the digital world to the physical world.
