:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/metroworldnews/XFOXLUWJ6FHS3DBR6BSAAXVRWE.jpg "NVIDIA’s harsh criticism of cryptocurrencies: “They do not bring anything useful to society”")
Cryptocurrency mining fever turned NVIDIA in one of the large benefited companies. Your graphics cards are key to the job. However, a senior executive of the company He shot with everything against the tokens.
Michael Kagan, NVIDIA’s CTO, said: “They bring nothing useful to society.” He did so in an interview with The Guardian, where in contrast he praised ChatGPT, OpenAI’s Artificial Intelligence chatbot.
“All these cryptographic things needed parallel processing, and (NVIDIA) is the best (in the area), so people just programmed it to use it for this purpose. They bought a lot of things, and finally it collapsed, because they do not bring anything useful to society. The AI does it,” Kagan said.
Was NVIDIA behind the cryptocurrency market?
For a long time it was speculated that the North American company NVIDIA promoted the cryptocurrency market, since mining always worked with their graphics cards.
However, Kagan cut sharply with the rumor.
“I never believed that I would do something good for humanity,” said the executive. “You already knowpeople do crazy things, but they buy your stuff, you sell them stuff. But you don’t redirect the company to endorse whatever.”
NVIDIA’s defense of Artificial Intelligence
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/metroworldnews/NWTM25DXKFB4XETVGNZJIYRCSM.jpg "NVIDIA's harsh criticism of cryptocurrencies: \"They do not bring anything useful to society\"")
The executive continues, now regarding Artificial Intelligence: “With ChatGPT, now everyone can create their own machine, their own program. Just tell it what to do and it will do it. And if it doesn’t work out the way you want, you say ‘I want something different’.
ChatGPT is an Artificial Intelligence chatbot created by OpenAI. The user makes questions or requests and the AI responds, with more or less success.
Microsoft has invested heavily in OpenAI, with the blessing of Bill Gates, and according to The Guardian the company bought tens of thousands of NVIDIA processors focused on Artificial Intelligence.
The most requested was the A100 GPU, which serves to power the OpenAI workload.
According to the figures, NVIDIA sold 20,000 H100, the successor to that chip, to Amazon, for its AWS cloud computing service, and another 16,000 for Oracle.
