Alswaha x Elon Musk x Jensen Huang: Huge AI Reveals

Please, please have a seat. Now, I'm

sure we can do a bigger round of applause for one of the greatest two leaders of our history. Let's go ahead.

So, we're talking about I lost count you know, 7 to8 trillion dollars worth of market cap comp. I lost count. But

right now, we're here to celebrate a historic moment. A moment that yesterday

historic moment. A moment that yesterday during the dinner and thank you for for joining us under the patronage of the honorable president and his royal

highness the crown prince Musedi where we had the pleasure to hear it firsthand. This is the greatest alliance

firsthand. This is the greatest alliance between the Kingdom of Saudi Arabia and the United States where we have joined hands and you have helped us build our

energy based economy fueling and energizing the industrial age and now fast forward going to the intelligence

age where we can fuel AI factories robotics EVs and all of the rest.

Speaking of that, let's start with you Elon if you don't mind Jensen and feel free to chive in you have a big fascination of something all of us have admired first order thinking which

Jensen sometimes calls first order scaling which is an opportunity for how you have dropped the cost of batteries from a thousand for kilowatt hour to

subund bucks and right now you're doing the same thing with robotics for actuators with servo rotors and motors.

So I want to hear from you. How do you manage to always disrupt every single industry with that thinking?

Well, it's mostly not disruption, it's uh creation. So with uh say SpaceX with

uh creation. So with uh say SpaceX with reusable rockets, uh there really weren't any reusable rockets. Um

but the essence of getting of revolutionizing space travel is reusability. If you throw the rocket

reusability. If you throw the rocket away every time, the cost of access to space is extremely high. Um, with

respect to electric cars, there there weren't any electric cars when we started making them really. You couldn't

buy any to the best of my knowledge. Um

so with Tesla, we wanted to make electric cars compelling um, and affordable. That was the goal. Um the uh

affordable. That was the goal. Um the uh you know with respect to humanoid robotics, there are no useful humanoid robotic robots at this point. Um there

are sort of gimmicks, but there are there are no actually useful humanoid robots. Um and I think Tesla's going to

robots. Um and I think Tesla's going to make the first actually useful humanoid robots. Um and this will be quite a

robots. Um and this will be quite a revolution and I think something that will that everyone will want. Uh because

I always think of like who who wouldn't want their own personal C3PO R2-D2.

>> Oh, yeah, >> of, course, everyone, would, want, one, right? And and then there would be many

right? And and then there would be many in industry uh providing products and services. This is why I say that

services. This is why I say that humanoid robots will be the biggest industry or the biggest product ever.

Um, bigger than cell phones or anything else because everyone's going to want one and uh or maybe more than one and there'll be many in industry. Um

>> I, just, want, R2-D2, in, C3PO's, body.

>> Yeah,, there, you, go., Um,

>> well,, I, mean,, a, humanoid, robot, would, be better than R2-D2 and C3 VO combined.

Yeah. Times 10.

>> Yeah., So, the, it, and, and, you, know, people often talk about uh sort of eliminating poverty and that kind of thing but really the there's how long have they

been talking about that? Um there's lots of talk uh you know there's lots of NOS's sort of trying to do these things but but really not succeeding. Um and

and you know the evidence speaks for itself. Uh but but but AI and humanoid

itself. Uh but but but AI and humanoid robots will actually eliminate poverty.

And Tesla won't be the only one that makes them. I think Tesla will pioneer

makes them. I think Tesla will pioneer this. But there will be many other

this. But there will be many other companies that make humanoid robots. But

there there is only basically one way to uh make everyone wealthy and that is AI and robotics.

And we can't talk about robotics without AI factories. And yesterday was such a

AI factories. And yesterday was such a historic day for the two nations but also for all of us where we celebrate

the AI strategic partnership with the US s signed witnessed by the honorable president and his royal highness about

how we are committing our capital energy land to energize the AI US ecosystem to be able to build inference node training

nodes and to be the most AI enabled nation.

With that announcement, tell me what's what's next in AI factories. Jensen

>> there, there's, a, there's, a, beautiful story about how Saudi Arabia's building AI refineries now building AI fac or oil refineries to AI factories.

>> I, love, that.

>> I, you, know, I've, said, that, that, AI, is, an infrastructure and the reason for that of course we understand AI from the perspective of the technology and how it's revolutionizing every industry.

Digital intelligence of course has applications into every every field and so it's going to be used by every company, every industry, every country.

In that way, it's foundational and therefore it's part of infrastructure.

What is new about AI from a computer science perspective is that the way computing was done in the past was largely retrievalbased computing.

Somebody typed in a story or somebody created a a piece of art or came came up with four versions of a digital ad or

it's all pre-built by somebody which is then using a system to retrieve the appropriate version for you. It's a

retrievalbased computing model. Hadoop

and many of the the the frameworks and operating systems of the past all designed to retrieve the appropriate information for you. But today software is going to be generated in real time.

It's generative based on the context based on the circumstance, based on who you are, based on the problem you ask that based on your prompt. It will

generate unique content for you every single time for everybody. It's unique.

When you use Grock, every time you use it is different based on right based on based on the based on the prompt that you give it and based on the circumstance and >> and, so, therefore, it, used, to, be

retrievalbased today it's generative and if it's generative then and every time is different then you need AI factories all over the world to generate the content

in real time which is the reason why you need AI factories and and this is a unique way of doing computation but the benefit of course is that Everything isn't preconceived and pre-documented

and it's it's contextually s contextually sensible and and therefore intelligent.

>> So, AI, factories, and, robotics, and, we heard it yesterday from his royal highness his vision how to augment our workforce with roughly tens of millions

of robotics to be able to infuse the next wave of productivity and progress.

But this scares a lot of folks comes to the future of jobs. So let's hear about your thoughts uh Elon and Jensen on that.

>> Uh, sure., Well

um if you say like in the long term where will things end up long term? I

don't know what long term is. Maybe it's

10 20 years something like that. For me

that's long term. Um my prediction is that work will be optional.

>> Optional.

>> Optional.

Um so >> we'll, take, that.

>> Yeah., I, mean, it, it'll, be, like, uh, playing sports or a video game or something like that. Um if you want to work uh you know

that. Um if you want to work uh you know in the same way like you can you can go to the store and just buy some vegetables or you could grow vegetables in your backyard. It's much harder to

grow vegetables in your backyard but some people still do it because they like growing growing vegetables. Um that

will be what work is like optional. Um

now between now and then there's actually a lot of work to get to that point. Mhm.

point. Mhm.

>> Um,, and, I, always, recommend, people, read read Yin Banks uh culture books to get a sense for what a probable

positive AI future is like. Um, and

interestingly in those books, money is no longer doesn't exist.

It's kind of interesting. And I I my guess is in in if you go out long enough assuming there's a continued improvement in AI and robotics which seems likely

the money will will stop being relevant at some point in the future. Um now

there will still be constraints on power like electricity and mass. Uh the

fundamental physics elements will still be still be constraints. Um but um I think at some point

uh currency becomes irrelevant.

>> Jensen,, any, thoughts?

>> Um by the way, the Nvidia earnings call is later today.

>> And, by, the, way,, since, currency, is relevant.

>> Cheers.

Elon just wants to share with you some breaking news.

The two of us who like to share some breaking news. Uh let's see. I I would

breaking news. Uh let's see. I I would say I would say there there's um different horizons you could look at.

Everybody's jobs will be different. That

I think that that's for sure. Uh how how the students learn will be different. um

uh how people do their work will be different obviously because a lot of the things that that we do mundanely or arduously or very difficultly are going to be done very simply and and so we're

going to be more productive from that s from that sense one of the things that I will say is that for most people or a company if some if your life becomes more productive

and if the things that you're doing uh with great difficulty becomes simpler it is very likely because you have so many ideas, you'll have more time to go pursue things. It is my guess that Elon

pursue things. It is my guess that Elon will be busier as a result of AI, I'm going to be busier as a result of AI.

And the reason for that is because we have so many ideas we want to pursue, so many things that that we still have in our backlog inside our company that we can go pursue. If we were more

productive, we can get to those things faster. And so in the near term I would

faster. And so in the near term I would say that that there is every evidence that that we will be more productive and yet still be busier because we have so many ideas. One thing that I will say

many ideas. One thing that I will say give you give you some evidence is that uh and I was just telling Elon about this earlier radiology for example has

largely been uh converted to AIdriven radiology and there's some really great companies doing that and the surprising thing is the prediction that all

radiologists would be the first jobs to go was exactly the opposite. The trend

shows that there are more radiologists being hired now as a result of AI. And

the reason for that, if you take a step back, it's because the goal of a radiologist is not to study the images.

The goal of a radiologist is to diagnose a disease. Now, the studying of the

a disease. Now, the studying of the images became so productive. They could

study more images, study more modalities, spend more time with the patients. And as a result, they were

patients. And as a result, they were actually accepting more patients. We're

doing more radiology all around the world. We're doing a better job with

world. We're doing a better job with diagnosing disease. And so that's that's

diagnosing disease. And so that's that's kind of the the nearterm near uh outcome of of uh AI and productivity. And and

we'll see we'll see what happens long term. You know, I I

term. You know, I I when when currency doesn't matter anymore, just you know, let me know right before.

>> You'll, see, it, coming.

You'll see it coming like like >> we, text, often, so, just, Yeah,, we, do.

>> Yeah,, just, text, it, off., Yeah,, let, me know. I kind of I kind of agree with

know. I kind of I kind of agree with with both of you because if you look at every technological trend every general purpose technology has been net new

positive for for the globe for humanity and so forth and let me share with you two things >> and, your, excellency, I, think, it's precisely the reason the reason for that is because all the great ideas from from

innovators like Elon you have so many good ideas >> that, and, Jason, as, well >> yeah, well, you, know, thank, you >> so, let, me, share, with, you, two, stories from two Saudi innovators in

collaboration with a lot of great the great work that Nvidia does that gra does. So one of them is professor

does. So one of them is professor Omaragi who's the first American Saudi to win a Nobel prize in creating new chemistry and the way he has done that

he has leveraged your AI accelerators and models like Grock to be able to create new chemistry when it comes to metal organic frameworks. Those are

metal ions that are positively charged with organic linkers to be able to effectively create a sponge with 33

nanometers pores to capture water from air and also to capture carbon dioxide.

The second story has also to do with AI accelerated by Nvidia and with models like Brock which is nanop which is effectively creating a nano robot 500

nanometers by a,000 nanometers to be able to do gene editing leveraging the crisper technology to take out sickle cell disease. Now in both these

cell disease. Now in both these instances they originated 20 years ago in research but AI was able to really accelerate the outcomes and the outputs

such that we can move into new value pools. So I think with every

pools. So I think with every technological trend humanity is going to always manage to shift to new value pools when it comes to workforce and productivity. But we have some great

productivity. But we have some great announcements to talk about here today.

Let's begin with you Elon. the things

that we're doing with XAI.

>> Uh, yeah,, we're, excited, to, announce, that um we're doing a a a uh a 500 megawatt I mean yeah 500 sorry >> 500, megawatt

>> 500, megawatt., Yeah,

>> we're, doing >> we're, doing, 500, megawatt.

>> Sorry., Yeah.

>> Yeah., Yeah., Yeah., The, 500, g, one, will have to wait. Um so um that that'll be eight bazillion trillion dollars. Um

stop that.

>> Uh, >> so, yeah,, we, we're, we're, doing, a, um, XAI and the King of Saudi Arabia are doing a a >> Humane, 500, megawatt, starting, with, 50 megawatt phase one and we're doing it

with Nvidia. Congratulations to the

with Nvidia. Congratulations to the Humane team to target team. Such a

fantastic job. Jensen, I think we're also doing some great announcements. Uh

this week >> we, are >> well, we're, we're, announcing, we're announcing all kinds of things. Um uh

our partnership with Humane is is going incredibly well. First of all uh we we

incredibly well. First of all uh we we uh work together to get this company started and off the ground and just got an incredible customer with Elon.

Could you imagine a startup company approximately 0 billion in revenues now going to uh build a data center for Elon? uh 500 megawatts is gigantic. Uh

Elon? uh 500 megawatts is gigantic. Uh

this company is off the charts uh right away. Uh in addition to that, we're um

away. Uh in addition to that, we're um uh working working uh AWS as you know is also >> congratulations, to, the, humane, team, with AWS

starting with 100 megawatts with a gigawatt ambition and uh counting.

>> So, AWS, is, also, coming, to, humane., Uh

we're working with uh humane on omniverse uh digital twins. uh as you know that AI is not just well a just agentic AI and chat bots and uh

cognitive AI is incredibly important to the world uh but AI applies to everything chemicals and proteins and genes and physics and fluid dynamics and particles and of course robotics and

activation and um and we created this world called Omniverse where robots can learn how to be good robots and and it's physically based it obeys the laws of physics and so robots can learn in these

environments and we're working with Humane to apply Omniverse to all kinds of uh digital factories and robotics and warehouses and things like that. And so

that's that's another uh we're we're also working uh in Saudi Arabia to build supercomputers to simulate quantum computers and and uh uh using our

computers to be the controller and the error correction quantum error correction requires an enormous amount of computation and so so we're doing a lot of great work there too. So, a big partnership with Humane. They're off the

charts. Um, off the ground and off the

charts. Um, off the ground and off the charts at the same time.

>> This, is, how, we, walk, the, talk, in, the Kingdom of Saudi Arabia in partnership with the US. Yesterday, the president and his Royal Highness announced the AI

strategic framework and partnership.

Today, we're going big with Elon and Jensen. So, thank you for those

Jensen. So, thank you for those opportunities.

Now they they told me I have time for two last questions. So last night at the dinner I got a number of questions because it seems that the schedule

leaked and uh everybody was giving me hints about the last two questions I'm going to do. So the first one was for you Elon and there's a big one for you

Jensen. So prepare for that one. AI in

Jensen. So prepare for that one. AI in

space is that possible?

Uh yes, if if civilization continues which it probably will, uh then AI in space is inevitable.

Um um you know, I always have to like preface that, you know we shouldn't take civilization for granted. We we need to make sure to take

granted. We we need to make sure to take care to ensure that civilization has an an upward arc. I mean, any student of history knows that civilization does not always have an upward arc. And in fact

civilizations have lif life cycles. So

hopefully we are in a strong upward arc.

I think we are for now. Um but we don't want to take that for granted or be complacent. Um but the in order to the

complacent. Um but the in order to the way to think of AI in space is that in order to achieve any meaningful percentage of a cadesev two scale

civilization where you're using even a millionth a millionth of the sun's energy you must have solar powered AI

satellites in in deep space. Um so so that once you realize like once you think in terms of a cottage two scale civilization which is what what

percentage of the sun's energy are you turning into useful work um then you then it becomes obvious that space is overwhelmingly what matters

overwhelmingly the the sun only receives one roughly 1/2 billionth of the earth only receives roughly u two billionth of the sun's energy

So if you want to have something that is say a million times more energy than Earth could possibly produce

>> you, must, go, into, space., It's, and, and, so um you know this is where it's kind of handy to have a space company, I guess.

Um sell the book.

>> Easier, to, cool, chips, in, space,, too.

>> Yes.

>> Easier, to, cool, chips, in, space., Yeah.

>> Yes., There's, definitely, no, water, in space, so you're going to have to do something. Yeah.

something. Yeah.

>> Uh, that, doesn't, involve, water.

>> Just, hang, out.

>> Well,, it's, you, just, got, to, radiate.

>> That's, right.

>> Um, so my estimate is that actually that that that the cost of of electricity like

like the cost effectiveness of AI in space will be overwhelmingly better than AI on the ground. So far long before you uh exhaust potential energy sources on

on Earth. Long long before meaning like

on Earth. Long long before meaning like I think even perhaps in the four or five year time frame the lowest

cost way to do AI compute will be with solar powered AI satellites.

So I'd say not more than 5 years from now.

>> Wow.

>> And, just, look, at, the, supercomputers we're building together. Let's say each one of the racks is two tons. Out of

that two tons, 1.95 of it is probably for cooling >> right?

>> Oh,, yeah.

>> Just, imagine, how, tiny, that, little supercomputer is, right? Each one of these GB300 racks will just be a little tiny thing.

>> And, and, just, electricity, generation, is is already becoming a challenge.

>> Um, so, if, if, you, start, doing, any, kind, of scaling for both electricity generation and cooling, um you realize, okay, space

is incredibly compelling. Um so

like let's say you wanted to do um I don't know, two, or, 300, gawatt, per, year, um of of AI compute.

>> Yeah.

>> Um, it's, very, difficult, to, do, that, on Earth. Uh the so the the uh US average

Earth. Uh the so the the uh US average electricity usage uh last time I checked was around 460 gawatts per year average

usage. Um so so something like say uh

usage. Um so so something like say uh you know three 300 if you're doing 300 gawatts a year that would be like 2/3 of US electricity production per year.

>> There's, no, way, you're, building, power plants at that level. Um and then if you take it up to say a terowatt per year impossible. Yeah.

impossible. Yeah.

>> Like, you, have, to, do, that, in, space.

>> There, there, just, is, there, just, is, no, way to do a terowatt uh per year on Earth.

Um and uh and and in space you you've got continuous solar. Um you've got uh you

continuous solar. Um you've got uh you don't you actually don't need batteries because it's always sunny in space.

>> Right., Exactly.

>> Um, and, um, and, and, the, solar, panels actually become cheaper because you don't need glass or framing. Um and the cooling is just radiative. So that's

that's why I think >> that's, the, dream.

>> Yes, >> that's, the, dream., So, Jensen,, everybody last night was asking me, and I'm mindful it's a earnings uh call for you today. So I'm going to say this

today. So I'm going to say this delicately. Everybody has been asking me

delicately. Everybody has been asking me to ask you, are we going to have an AI bubble?

That's, the, last, question., All right, let's No.

All right,, let, me, Well,, let, me, just, hear you what we see. Okay, so so I I think it's really important when you look at what's happening around the world and go back to first principles of what's happening in computer science and

computing. There are three things that

computing. There are three things that that's happening. The first thing is

that's happening. The first thing is that we all know that Moore's law has run its course and the ability that the amount of demand for computing versus the amount of computation we can get out of general purpose computing is really

challenging and so the world's been moving to accelerated computing for some time. We've been pushing this now for

time. We've been pushing this now for some over 20 years. Let me give you one statistic. I was just at supercomputing

statistic. I was just at supercomputing six years ago. Uh

CPUs were 90% of the world's supercomputers, top 500 supercomputers six years ago. This year less than 15%.

Went from 90% to 10%. And meanwhile

accelerated computing went from the other way, 10% to now 90%. Okay, so

you're seeing that inflection point, the transition in high performance computing from general purpose computing to accelerated computing. Well, one of the

accelerated computing. Well, one of the one of the most data intensive one of the most intensive computation things that the world does in cloud is data processing. Several hundred billion

processing. Several hundred billion dollars of computation is done on just raw data processing. That Rexus is the engine of the internet today that's going generative AI. It used to be

running on CPUs now runs on GPUs. Which

then says the third thing when if you just look at those two applications many of the internet companies can build enormous number of GPU supercomputers

just doing that of course then it creates this the third opportunity on top of it which is agentic AI this is grock and this is open AI this is anthropic you know this is Gemini

agentic AI sits on top of that but don't you know don't forget to think about what is happening above underneath ath what everybody sees

as AI today. There's a whole movement of computing from general purpose computing to accelerated computing. And that if you just if you take that into consideration, you'll come to the

conclusion that in fact what is left over to fuel that revolutionary agentic AI is not only substantially less than you thought and all of it justified.

Well, I was just informed by the team that my boss and your bosses is going to talk next, the honorable president and his royal highness the crown prince and

hence we ran out of time. But in

essence, this is a such so much love for you Elon and and Jensen. But this in essence is a 92 alliance

that shifted from energy to digital to the intelligence age powered by pioneers such as Elon and Jensen to serve humanity and create on a net new basis

new economies, new jobs and a better future for humanity powered by the Kingdom of Saudi Arabia and the United States. Thank you for our lifetime

States. Thank you for our lifetime partnership and friendship. Thank you

Elon. Thank you Jensen.

>> Thank, you.