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Nuclear power and artificial intelligence: the perfect marriage

DAVID MORRISON, THE GLOBE AND MAIL David Morrison is the chief executive officer of Eight Capital, one of the largest independent investment banks in Canada.

“AI will eat software” is the mantra driving the technology industry – but where will it get its power?

Recently, the world’s most valuable chip maker, Nvidia Corp. reported a blow-out quarter with revenues surging 265 per cent, pushing the company’s market capitalization beyond US$2-trillion. Chief executive officer Jensen Huang highlighted the soaring demand for accelerated computing and generative artificial intelligence (AI) worldwide.

AI will drive the next wave of GDP productivity growth. And the next infrastructure race will revolve around the global competition to house data centres. Governments will prioritize securing the data of their citizens and businesses while facilitating the increased domestic utilization of AI.

March 15, 2024 - Posted by Christina Macpherson | Uncategorized