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On Wed, 19 Mar, 4:08 PM UTC
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Nvidia CEO: Humanoid robot revolution is closer than you think
SAN JOSE, California, March 19 (Reuters) - Nvidia (NVDA.O), opens new tab CEO Jensen Huang believes humanoid robots are less than five years away from seeing wide use in manufacturing facilities. Huang on Tuesday gave a keynote address in front of a packed hockey stadium during the nearly $3 trillion company's annual developer conference in San Jose, California. Huang unveiled software tools that he said would help humanoid robots navigate the world more easily. Speaking to a group of journalists after the speech, Huang was asked what signs would show that AI had become ubiquitous. Among other answers, Huang said it may be "when, literally, humanoid robots are wandering around, which is not five years away. This is not five-years-away problem, this is a few-years-away problem." The manufacturing industry would likely adopt humanoid robots first because that industry has well-defined tasks that robots can handle in a controlled environment, he said. "I think it ought to go to factories first. And the reason for that is because the domain is much more guard-railed, and the use case is much more specific," Huang said. "The value of it is very, very easy to determine. The going rate for renting a human robot is probably $100,000 and I think it's pretty good economics." Reporting by Stephen Nellis in San Jose, California; Editing by Stephen Coates Our Standards: The Thomson Reuters Trust Principles., opens new tab Suggested Topics:Disrupted
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Nvidia CEO predicts AI humanoid robots to transform manufacturing in less than 5 years
Nvidia CEO Jensen Huang said that the AI chip giant is well placed to navigate a shift in the industry, in which businesses are moving from training AI models to getting detailed answers from them. The company has made billions of dollars selling its costly chips. Nvidia NVDA.O CEO Jensen Huang believes humanoid robots are less than five years away from seeing wide use in manufacturing facilities. Huang on Tuesday gave a keynote address in front of a packed hockey stadium during the nearly $3 trillion company's annual developer conference in San Jose, California. Huang unveiled software tools that he said would help humanoid robots navigate the world more easily. Speaking to a group of journalists after the speech, Huang was asked what signs would show that AI had become ubiquitous. Among other answers, Huang said it may be "when, literally, humanoid robots are wandering around, which is not five years away. This is not five-years-away problem, this is a few-years-away problem." The manufacturing industry would likely adopt humanoid robots first because that industry has well-defined tasks that robots can handle in a controlled environment, he said. "I think it ought to go to factories first. And the reason for that is because the domain is much more guard-railed, and the use case is much more specific," Huang said. "The value of it is very, very easy to determine. The going rate for renting a human robot is probably $100,000 and I think it's pretty good economics."
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Humanoid robots to roam around in five years - Nvidia CEO Jensen Huang signals AI revolution
Nvidia CEO Jensen Huang unveiled software tools that he said would help humanoid robots navigate the world more easily. Nvidia CEO Jensen Huang believes humanoid robots are less than five years away from seeing wide use in manufacturing facilities, as per a report. Huang on Tuesday gave a keynote address in front of a packed hockey stadium during the nearly $3 trillion company's annual developer conference in San Jose, California, Reuters reported. Huang unveiled software tools that he said would help humanoid robots navigate the world more easily. Speaking to a group of journalists after the speech, Huang was asked what signs would show that AI had become ubiquitous, according to the report on Reuters. Among other answers, Huang said it may be "when, literally, humanoid robots are wandering around, which is not five years away. This is not five-years-away problem, this is a few-years-away problem." The manufacturing industry would likely adopt humanoid robots first because that industry has well-defined tasks that robots can handle in a controlled environment, he said. "I think it ought to go to factories first. And the reason for that is because the domain is much more guard-railed, and the use case is much more specific," Huang said. "The value of it is very, very easy to determine. The going rate for renting a human robot is probably $100,000 and I think it's pretty good economics," Huang said. Q1. Who is Nvidia CEO? A1. Nvidia CEO is Jensen Huang. Q2. What do we know about humanoid robots? A2. Nvidia CEO Jensen Huang unveiled software tools that he said would help humanoid robots navigate the world more easily.
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Nvidia CEO: Humanoid robot revolution is closer than you think
The manufacturing industry would likely adopt humanoid robots first because that industry has well-defined tasks that robots can handle in a controlled environment, Nvidia CEO Jensen Huang said. "I think it ought to go to factories first. And the reason for that is because the domain is much more guard-railed, and the use case is much more specific," Huang said. Nvidia CEO Jensen Huang believes humanoid robots are less than five years away from seeing wide use in manufacturing facilities. Huang on Tuesday gave a keynote address in front of a packed hockey stadium during the nearly $3 trillion company's annual developer conference in San Jose, California. Huang unveiled software tools that he said would help humanoid robots navigate the world more easily. Speaking to a group of journalists after the speech, Huang was asked what signs would show that AI had become ubiquitous. Among other answers, Huang said it may be "when, literally, humanoid robots are wandering around, which is not five years away. This is not five-years-away problem, this is a few-years-away problem." The manufacturing industry would likely adopt humanoid robots first because that industry has well-defined tasks that robots can handle in a controlled environment, he said. "I think it ought to go to factories first. And the reason for that is because the domain is much more guard-railed, and the use case is much more specific," Huang said. "The value of it is very, very easy to determine. The going rate for renting a human robot is probably $100,000 and I think it's pretty good economics." (Reporting by Stephen Nellis in San Jose, California; Editing by Stephen Coates)
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Nvidia CEO Jensen Huang Sees Humanoid Robots In Factories In Less Than 5 Years: 'I Think It's Pretty Good Economics' - NVIDIA (NASDAQ:NVDA)
Nvidia's NVDA CEO, Jensen Huang, has projected the widespread deployment of humanoid robots in manufacturing units in the next five years. This prediction was made public during a keynote speech at Nvidia's annual developer conference in San Jose, California on Tuesday. What Happened: Huang, in his address, unveiled software tools aimed at enhancing the navigation capabilities of humanoid robots. He suggested that the emergence of humanoid robots is a key indicator of AI becoming pervasive. In terms of timeline, Huang stated it may be "when, literally, humanoid robots are wandering around, which is not five years away. This is not five-years-away problem, this is a few-years-away problem." According to Huang, the manufacturing industry is likely to be the first to adopt humanoid robots extensively. He argued that factory tasks are clearly defined and performed in a controlled environment, which simplifies automation. "I think it ought to go to factories first. And the reason for that is because the domain is much more guard-railed, and the use case is much more specific," Huang stated. As for the economics, the Nvidia CEO stated, "The value of it is very, very easy to determine. The going rate for renting a human robot is probably $100,000 and I think it's pretty good economics." SEE ALSO: Pebble Founder Echoes Mark Zuckerberg's Concerns, Slams Apple For Making It 'Nearly Impossible' To Build Smartwatches That Work With iPhone Why It Matters: In August, Morgan Stanley predicted that by 2030, 40,000 humanoids will be working alongside humans in the U.S., with that figure expected to surge to 8 million by 2040 and 63 million by 2055. Meanwhile, on Wednesday, Ming Hsun Lee from Bank of America Securities told CNBC that the decline in component costs of humanoid robots will be 'very fast' in the next few years leading to widespread adoption. These predictions resonate with that of Huang and also come on the heels of Nvidia's recent unveiling of Groot N1, a new foundation model for humanoid robots. This AI brain mimics human cognition and could help address the growing labor gap. Huang referred to this development as a significant stride in embodied AI. The introduction of humanoid robots in the manufacturing sector could potentially revolutionize the industry, marking a new era of automation and efficiency. Also, this evolution presents a great opportunity for Nvidia to capture. NVDA stock climbed 1.8% to close at $117.52 on Wednesday. The stock lost more than 15% year-to-date, as per Benzinga Pro. READ MORE: Amazon Takes On Used Car Market, Expands Its Auto Platform To 68 Markets: Report Image via Shutterstock Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. NVDANVIDIA Corp $117.39-0.11% Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock - anytime. Reveal Full Score Edge Rankings Momentum80.87 Growth88.51 Quality97.18 Value7.32 Price Trend Short Medium Long Overview Market News and Data brought to you by Benzinga APIs
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Nvidia CEO: Humanoid Robot Problem Is Less Than 5 Years Away, as Firms Race for 2025 Release
Sooner or later, every home is expected to include a humanoid robot from his company. | Credit: Stefano Guidi/Getty Images Nvidia CEO Jensen Huang has claimed that humanoid robots could be "wandering around" in just a few years. The comments come, as robotics firms worldwide race to release their latest versions of humanoid robotics, each with ambitious claims that they will be able to walk and talk alongside humans. Humanoid Robots Are Close, Says Nvidia CEO Talking at Nvidia's annual developer conference in California on Tuesday, March 18, Huang said that the manufacturing industry will likely be the first to adopt humanoid robots, because it has well-defined tasks for the machines to handle. "I think it ought to go to factories first. And the reason for that is because the domain is much more guard-railed, and the use case is much more specific," Huang told reporters. Regarding price, Huang said, "The value of it is very, very easy to determine. The going rate for renting a human robot is probably $100,000, and I think it's pretty good economics." Robots by June The lofty prediction from the Nvidia boss comes, as firms race to release humanoid robots on a large scale. Neura Robotics, a European robotics company, said its newest 4NE-1 humanoid robot will launch this June. The German-based manufacturer claimed it will be the best robot on the market so far, marking the latest in a series of lofty claims made by competing companies in the space. In an interview with the TechFirst podcast, Neura CEO David Reger shared: "I'm super excited to show something in June, which will actually beat also all the other humanoids on this planet." 4NE-1 is fitted with three distinct layers of LLM-based AI models to boost its intelligence to a human level, theoretically allowing it to think, decipher and react to situations just as a human would. Forbes reported that each layer of "skin" will have millions of parameters to sense and understand the world around it. "If you really want to have a humanoid robot or just any kind of robot doing some smart task, having knowledge about a situation, you need to have these different layers," Reger told the podcast. "And that's the only way of being really reactive and moving in this physical world." Elon Musk's Robot Predictions In November, Musk said in a video on X that, eventually, everyone would have at least one of his company's humanoid robots in their homes. The Tesla CEO believes his Optimus robots will be able to do everything for their owner, including picking the kids up from school and becoming a personal bodyguard. On Saturday, March 15, Musk took his robot ambitions one step further: He will send his humanoid roots to Mars in 2026. He said: "Starship departs for Mars at the end of next year, carrying Optimus. If those landings go well, then human landings may start as soon as 2029, although 2031 is more likely." Musk predicts a future civilization settled on Mars that will be critical to rescuing Earth in an emergency: "I think there's a good chance that Mars will help save Earth in the future, perhaps many times." The billionaire previously compared the help to when America "helped to rescue the rest of the world in World War One and Two and the Cold War." "Where would the world be if America had not helped out in those three circumstances," Musk opined.
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Humanoid robots less than five years away from seeing wide use: Nvidia CEO By Investing.com
Investing.com -- Nvidia (NASDAQ:NVDA) CEO Jensen Huang expects humanoid robots to become widely used in manufacturing within the next five years. Speaking at the company's annual developer conference in San Jose, California, Huang delivered a keynote address to a packed stadium. Later, in a discussion with journalists, he was asked what signals would indicate that AI had become ubiquitous. "...when, literally, humanoid robots are wandering around, which is not five years away. This is not five-years-away problem, this is a few-years-away problem," Huang said. He noted that the manufacturing sector would likely be the first to adopt humanoid robots, as its structured environment and well-defined tasks make it easier for automation. "I think it ought to go to factories first. And the reason for that is because the domain is much more guard-railed, and the use case is much more specific," he explained. "The value of it is very, very easy to determine. The going rate for renting a human robot is probably $100,000 and I think it's pretty good economics." During the keynote, among other announcements, Nvidia introduced Isaac GR00T N1, the world's first open foundation model designed for general-purpose humanoid robots. The model features a dual-system framework, where a slow-thinking system handles deliberate decision-making, while a fast-thinking system swiftly converts those decisions into actions. "We believe these new models could shorten humanoid robot's training time and offer efficient data collection," Macquarie analyst Daisy Zhang said in a note. Macquarie projects that humanoid robots will capture the spotlight in the coming years, with global volumes reaching 6.3 million units by 2035, reflecting a 71% compound annual growth rate (CAGR) from 2026 to 2035. The firm estimates the average selling price (ASP) will start at approximately $74,000 in 2026 but decline to around $22,000 by 2035 as production scales and costs decrease. By then, Macquarie expects the humanoid robot market to be valued at $139 billion, growing at a 50% CAGR over the same period.
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Nvidia CEO Jensen Huang forecasts widespread adoption of humanoid robots in manufacturing facilities within the next five years, unveiling new software tools to enhance robot navigation and discussing the economic implications of this technological shift.
Jensen Huang, CEO of Nvidia, has made a striking prediction about the future of manufacturing: humanoid robots will be widely used in factories within the next five years. This forecast came during Nvidia's annual developer conference in San Jose, California, where Huang addressed a packed stadium of attendees 1.
At the conference, Huang unveiled new software tools designed to enhance the navigation capabilities of humanoid robots. These tools are expected to play a crucial role in helping robots interact more effectively with their environment, paving the way for their integration into complex manufacturing processes 2.
Huang emphasized that the widespread adoption of humanoid robots is not a distant future scenario but a "few-years-away problem." He specifically pointed to the manufacturing industry as the likely first adopter of this technology. The CEO explained that factories provide a more controlled environment with well-defined tasks, making them ideal for the initial deployment of humanoid robots 3.
The economic rationale behind this shift is compelling, according to Huang. He estimates that the "going rate for renting a human robot is probably $100,000," which he considers "pretty good economics" 4. This suggests that companies could find significant value in adopting humanoid robots for certain manufacturing tasks.
Huang's prediction aligns with broader industry projections. Morgan Stanley has forecast that by 2030, 40,000 humanoids will be working alongside humans in the U.S., with numbers potentially reaching 63 million by 2055 5. Additionally, Bank of America Securities anticipates a rapid decline in component costs for humanoid robots in the coming years, which could accelerate their adoption.
Nvidia is positioning itself at the forefront of this technological shift. The company recently introduced Groot N1, a new foundation model for humanoid robots that mimics human cognition. This AI "brain" could help address growing labor gaps and represents a significant advancement in embodied AI 5.
The potential widespread adoption of humanoid robots in manufacturing raises important questions about the future of work and the skills that will be valued in an increasingly automated economy. While these robots may increase efficiency and productivity, their introduction could also lead to significant changes in workforce composition and job requirements in the manufacturing sector.
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Nvidia is set to launch its Jetson Thor computers for humanoid robots in early 2025, aiming to revolutionize the robotics industry with advanced AI capabilities and improved autonomy.
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Nvidia announces Groot N1, an open-source AI foundation model for humanoid robotics, featuring a dual-system architecture inspired by human cognition. The model aims to accelerate the development of generalist robots and address global labor shortages.
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Elon Musk announces plans to integrate Tesla's humanoid robot, Optimus, into car manufacturing processes. The AI-powered robot is expected to revolutionize production and potentially reshape the future of work.
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Nvidia introduces Cosmos, a suite of world foundation models designed to bring generative AI capabilities to robotics and autonomous vehicles, potentially revolutionizing the development of physical AI systems.
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NVIDIA's CEO Jensen Huang predicts widespread AI adoption and introduces 'Physical AI' at SIGGRAPH 2023, signaling a new era of AI-powered technology across various sectors.
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