Huang , CEO of Nvidia -based chip manufacturer California , has said he expects to see the first fully autonomous cars on the roads in four years , thanks to advances in artificial intelligence (AI). Apple Chief Operating Officer Jeff Williams said earlier this week that the firm sees its mobile devices as a major platform for AI in the future. Nvidia has thrived after expanding from designing graphics-processing chips into AI and high-performance computing, with its shares rising 170 percent during the past year , giving the company a valuation of $ $116 billion . However, Huang played down the importance of cryptocurrency mining, where people use computers to process cryptocurrency transactions and are rewarded with additional cryptocurrency, saying that it is not a market the company is targeting.
Huang , CEO of Nvidia -based chip manufacturer California , has said he expects to see the first fully autonomous cars on the roads in four years , thanks to advances in artificial intelligence (AI). Nvidia has thrived after expanding from designing graphics-processing chips into AI and high-performance computing, with its shares rising 170 percent during the past year , giving the company a valuation of $ $116 billion . However, Huang played down the importance of cryptocurrency mining, where people use computers to process cryptocurrency transactions and are rewarded with additional cryptocurrency, saying that it is not a market the company is targeting.