Under CEO Jensen Huang, chipmaker NVIDIA’s processors have quietly become essential to everything from cryptocurrency mining and NFTs to self-driving cars. Although the $600 billion chip titan failed to achieve market domination this year—it abandoned a planned $40 billion acquisition of British rival Arm over potential antitrust concerns—its investments in AI and experimental technology are undoubtedly shaping the future. NVIDIA’s processors will eventually render human effort obsolete in many sectors, predicts executive vice president Jay Puri: “Anything that moves will be autonomous.”
A weekly newsletter featuring conversations with the world’s top CEOs, managers, and founders. Join the Leadership Brief
More Must-Reads From TIME
- AI Is Not an Arms Race
- Here's What's in the Debt Ceiling Deal
- Matthew Macfadyen on Succession Series Finale
- How Worried Should the World Be of China's New COVID Wave?
- What Erdoğan’s Victory Means for Turkey—and the World
- Why Everyone Is Having Bad Sex (Especially Young People)
- The 30 Most Anticipated Movies of Summer 2023
- Florence Pugh Might Just Save the Movie Star From Extinction