Nvidia CEO Jensen Huang Advocates for Nuclear Power in Data Centers: Business News Updates for September 28, 2024


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In the latest news on September 28, 2024, Jensen Huang, chief executive officer of Nvidia, spoke at SIGGRAPH 2024, a conference on computer graphics and interactive techniques, in the Colorado Convention Center in Denver. Huang promoted the use of nuclear power as an option to feed data centers in areas where electricity generation is insufficient to support building new data centers.

Meanwhile, the Adani Group announced plans to invest $4 billion for expanding its data center business as the demand for artificial intelligence (AI) powers growth. The group, which currently holds 2.5% of India’s data center market share, has seen a significant increase in orders, ranging from 50-100 MW, compared to 5-10 MW two years ago.

In other news, the government has revised the CGHS rates for medical treatments, including crucial devices like Deep Brain Stimulation (DBS) implants, Intra-Thecal Pumps, and Spinal Cord Stimulators. This move aims to provide better access to essential medical services for beneficiaries.

On the international front, China has urged local companies to stay away from Nvidia’s AI chips, as Beijing ramps up pressure for Chinese companies to use locally produced AI chips instead.

Stay tuned for more updates on business news, including stories on Bill Gates, Elon Musk, Mukesh Ambani, and Gautam Adani, as well as the latest gold and silver prices. Follow us for real-time updates on all things business.

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