Nvidia chief executive Jensen Huang says the company’s massive investments in OpenAI and Anthropic reflect surging demand that the leading AI firms are struggling to satisfy.
In a new Bloomberg interview, Huang says both companies are expanding at a pace never seen before in the corporate world.
He highlights that the scale of adoption is overwhelming the available compute supply.
“OpenAI, Anthropic, these are the fastest-growing companies in the history of humanity. Their offtake, their end market demand is absolutely real and absolutely incredible. And you could see that they are really struggling to keep up with the demand that they have.”
Huang says Nvidia is working closely with both companies to boost efficiency and scale their infrastructure, but capacity limits are delaying new features and services that would otherwise be shipped faster.
“The engineering teams, we work incredibly hard to make sure that we bring them on more capacity, but also optimizing their stack so that the usage of whatever capacity is as efficient as possible. And meanwhile, there are so many new use cases that they want to put out into the world. And this is currently limited by the capacity they have.”
Huang says the market is growing across every dimension of adoption, with new applications appearing constantly. He adds that Nvidia views OpenAI and Anthropic as critical to the future of computing and is focused on supporting their expansion.
“You are seeing an exponential growth in the amount of compute demand necessary for AI. You are seeing an exponential growth in the adoption and use of AI. And the number of applications that are going to be using these AI is also growing. We have got to do our best to support the scaling out of two of the most consequential companies in history.”
In September, Nvidia committed up to $100 billion to OpenAI and about 10 gigawatts of new capacity of Nvidia systems for the ChatGPT creator. Last week, Nvidia invested $10 billion in the Claude creator Anthropic.
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