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We recently compiled a list of the 10 AI Stocks You Need to Watch: News & Ratings. In this article, we are going to take a look at where SoundHound AI, Inc. (NASDAQ:SOUN) stands against the other AI stocks.
Nvidia’s annual software developer conference, GTC, is in full swing. With its latest announcements, the company is doing all it can to assure investors of its dominance in the rapidly evolving artificial intelligence industry. On Tuesday, CEO Jensen Huang delivered a keynote address in front of a packed hockey stadium in San Jose, California.
He noted how he believes that humanoid robots are less than five years away from wide use in manufacturing facilities. In this regard, he unveiled software tools that would reportedly help humanoid robots navigate the world more easily. Huang talked about humanoid robots when asked what signs would show that AI had become ubiquitous.
Huang said it may be "when, literally, humanoid robots are wandering around, which is not five years away. This is not five-years-away problem, this is a few-years-away problem."
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Huang asserted that the manufacturing industry is probably going to be the first to adopt humanoid robots. This is because it has well-defined tasks that robots can easily handle in a controlled environment.
"I think it ought to go to factories first. And the reason for that is because the domain is much more guard-railed, and the use case is much more specific. The value of it is very, very easy to determine. The going rate for renting a human robot is probably $100,000 and I think it's pretty good economics."
The chipmaker's CEO reportedly has big plans for the AI data center industry too. Debuting silicon photonics networking systems, Huang noted that their Spectrum-X and Quantum-X photonics can join hundreds and even thousands of GPUs, enabling data center companies to deploy up to 1 million GPU clusters.
Huang further noted how those million cluster data centers will be connected to other million-dollar data centers nearby to form massive data center facilities.
“Over the next several years, we're going to be building giant AI factories. Not normal AI factories … ones you see from space.”
The GTC keynote also talked about the company’s latest advancements, from Spectrum-X and Quantum-X photonics to Blackwell Ultra and Vera Rubin Superchips, which are going to help customers operate powerful AI systems to drive better revenue opportunities.
“AI factories are directly related to revenue, and if the throughput is not good, your revenue is hurt. If you don't have enough capacity, your revenue is hurt. If you're not producing something of great value ... your revenue is hurt.”
