Nation’s first-ever AI summit, which was held on Thursday, October 24, NVIDIA announced that it is collaborating with Reliance Industries to develop AI infrastructure in India.
During the three-day event, which took place at the Jio World Convention Centre in Mumbai, NVIDIA CEO Jensen Huang spoke with Mukesh Ambani of Reliance Industries. Huang underlined that India’s “large industry of computer scientists, enormous amounts of data, and large population of consumers” make AI an “extraordinary opportunity” for the country.
Aside from the US and China, Ambani claimed that India had the best digital connectivity infrastructure. The chairman of Reliance stated that NVIDIA’s GB-200 computer system is without a doubt the best technology, and he expressed his “deep respect” for Meta CEO Mark Zuckerberg for releasing the Llama AI model open-source.
On NVIDIA’s official website, Huang and Ambani’s fireside talk was broadcast live. For all of the most significant updates and highlights from the 2024 NVIDIA AI Summit in India, keep checking our liveblog.
Live Highlights from the event with Quotes:
‘This is an extraordinary opportunity for India’: Huang
“To have such a large population and large industry of computer scientists at a time when this computing industry is going to become the intelligence industry. Leveraging on everything you have, everything you know, your indigenous advantage, and enormous amounts of data as well as a large population of consumers to drive that flywheel of intelligence to data and data to intelligence, and to have the national will to go do something about it is extraordinary,” Huang says on India’s advantages in the “intelligence revolution”.
Ambani hails Mark Zuckerberg for introducing open-source AI
‘I have great respect for Mark Zuckerberg for bringing open-source AI models. From India’s point of view, Llama allows all of us to develop on top of it. To start off with, open-source is great,” Ambani says.
Zoho to leverage NVIDIA NeMo to build its own large language model
On the sidelines of NVIDIA AI Summit 2024, Zoho Corporation has confirmed that it will leverage NVIDIA NeMo, a part of NVIDIA AI Enterprise software to build and deploy a custom large language model (LLM) for its software-as-a-service (SaaS) applications and will invest over 10 million US dollars in the coming year.
What PM Modi told NVIDIA CEO Jensen Huang
“PM Modi told me India should not export data to import intelligence. He said India should not export flour to import bread,” said Huang. “He said AI has the ability to elevate India’s population,” according to Huang.
‘How can we work together to transform India into an AI hub?’
How can we help India transform into a centre of not just IT but a centre of AI, Huang asks Ambani.
“From my experience, as our Prime Minister said, this is a new aspirational India. We are one of the few countries in the world with an average age below 35. The Prime Minister’s vision has been crucial in driving progress on the ground. Indians possess raw talent, and over the years, India has become home to a wide range of companies. Many energy giants conduct their innovations here, making us a fast-emerging innovation hub,” Ambani says.
“We have also been fortunate to have strong connectivity infrastructure. Today, apart from the US and China, India has some of the best digital connectivity, including 4G, 5G, and broadband networks. While our company initially did not operate in this domain, we have now become the largest data company in the world.”
“Our volumes are equal to AT&T and Verizon combined,” he adds to which Huang retorts that the market size is quite an advantage.
Mukesh Ambani sees Vidya in Nvidia
Jensen Huang welcomes Mukesh Ambani to a thunderous applause. After exchanging pleasantries, the duo spoke about AI and India. “No one has helped India become hi-tech like you have. I know you have deep aspirations to make India deep tech. What motivates you?” asked Huang.
“When you are in India, I have got to share my version of what Nvidia meant to me. There is an important word linked to it – Vidya in Hindi which means knowledge,” said Ambani asserting India’s aspirations to make the best Hindi LLM.
“We are determined to make the best LLM in Hindi. Our first princples is what you are driving in terms of the knowledge revolution and converting it into the intelligence revolution. We are at the doorsteps of the intelligence age,” Ambani added.
‘AI cannot do all of our job’: Huang
“It turns out that as we speak, AI has no possibility of doing all of what we do. But it can do 20%-50% of our job 50 times better, but it cannot do all of our job,” says Huang in response to a question by Akshay Kumar on what can AI do that humans cannot.
“Long term, I’m really hoping that everybody has our own AI copilots,” the NVIDIA CEO says, adding that there will always be people who misuse these tools.
‘India has an extraordinary opportunity’: Huang
While India was focused on the back-office operations of IT, the next generation will be focused on the back-office operations of AI delivery, Huang says. Our job is to help you build and deploy AI, he adds.
Huang introduces NVIDIA AI for enterprises
This is a time now where LLMs have reached capabilities to create AI agents. The first stage is perception, the second is reasoning about what is the task it has to perform. To perform this task, AI agents will break down the task into smaller tasks. We are going to have agents help employees become “super-employees”, Huang says.
NEMO is our suite of libraries that is essentially a factory to create AI agents, he adds.
‘NVIDIA is AI in India’: Huang
In order to build an AI ecosystem in any country, you have to start with the infrastructure. We will soon have twenty times more compute here in India than anywhere else, Huang says. Once India figures out how to do large language models, you can figure it out in any part of the world, he adds.
‘Two new scaling laws driving AI growth’: Huang
“We have two fundamental scaling laws driving development: one for scaling and the other for inference,” Huang says. Blackwell is also used for generating tokens at incredible speeds which has led to high demand, he adds.
Huang on AI reasoning models
The scaling law comes from the fact that the more data you have to train an LLM, the correspondingly large model size, the larger the model has to be. Each year we are increasing the amount of data and model size by a factor of 2 so the computation power has to increase by a factor of 4. We are now moving technology at a rate of four times every year over a course of ten years. We continue to find that AI gets smarter as we scale up the training size.
When we use ChatGPT as a one-shot with a prompt, the AI processes through a very large neural network and provides a sequence of answers. With Strawberry, we realised thinking results in higher quality answers. We’ve now discovered another scaling law, Huang says.
‘One of the most advaned switches developed’: Huang
Huang shows off a key part of NVIDIA’s flagship Blackwell GPU called NVLink Switch on stage at the AI summit in Mumbai, India.
‘Cannot rely on inaction in software’: Huang
We cannot rely on inaction in software and expect our computing experience to improve, CEO Jensen Huang says. The GPU pioneered and accelerated computing, he says, adding that NVIDIA’s arrival made real-time computer graphics a reality.
NVIDIA CEO Jensen Huang takes the stage
NVIDIA CEO Jensen Huang is on stage right now at the AI summit in Mumbai, India.
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