NVIDIA CEO Jensen Huang expressed gratitude towards Tesla, acknowledging their leadership in the autonomous driving space during a recent interview with Yahoo Finance. Huang praised Tesla for their advancements in autonomous vehicles, highlighting the importance of all cars eventually having autonomous capabilities. Tesla’s CEO Elon Musk has been driving the company’s efforts in producing autonomous vehicles and promoting their full self-driving (FSD) technology, despite facing safety concerns and a recent rebranding to FSD (supervised). Huang’s praise of Tesla comes at a crucial time as the company’s shareholders are set to vote on restoring Musk’s multi-billion dollar executive pay package. Meanwhile, NVIDIA’s artificial intelligence chips are in high demand among tech companies such as Google Meta and OpenAI. Musk has likened the current AI arms race to a high-stakes poker game, signaling Tesla’s significant investment of over $500 million in NVIDIA AI chips in 2024 to remain competitive in the field. The competition in the AI industry requires substantial financial resources, with Musk emphasizing the billions of dollars needed annually to stay ahead in the game.
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https://www.businessinsider.com/elon-musk-earns-jensen-huangs-praise-for-tesla-2024-5