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Broadcom CEO Sees AI Adding $10 Trillion A Year To Global GDP: 'We Feel Very Good About It...' - Broadcom (NASDAQ:AVGO)
Broadcom's partnership with OpenAI includes building 10 gigawatts of AI accelerators as AI's share of global GDP is expected to rise from 30% to 40%, CEO Hock Tan said.
Summary by Benzinga
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Broadcom CEO Sees AI Adding $10 Trillion A Year To Global GDP: 'We Feel Very Good About It...' - Broadcom (NASDAQ:AVGO)
Broadcom Inc. (NASDAQ:AVGO) CEO Hock Tan said artificial intelligence could become a much larger part of the global GDP, at a time when AI-related investments are ramping up across industries. AI Could Add $10 Trillion To Global Economy In an interview with CNBC's Jim Cramer on Monday, Tan said the current global GDP sits around $110 trillion, with 30% of that figure "valued from industries related to knowledge-based, technology-intensive." "And…
·New York, United States
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