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NVIDIA CEO Jensen Huang Delivers Keynote At Developers Conference
(Justin Sullivan/Getty Images)

Jensen Huang’s jargon

Nvidia’s technically savvy CEO may sound like he’s speaking another language, but one thing is clear in our supercut of his speech: he knows his buzzwords and how to sell the crowd.

3/19/25 1:45PM

Steve Jobs kind of invented the modern tech keynote as we know it. 

A black-clad CEO in sneakers prowling across the stage, revealing new products in front of a floor-to-ceiling screen, pulling products out of his pocket to wow the crowd, and, of course, “One more thing…” 

These are all classic Steve Jobs keynote features copied by todays tech executives to varying degrees of success. Nvidia’s Jensen Huang is clearly a student of those famous Apple keynote presentations. But he has taken the format and made it his own. 

Instead of Jobs Issey Miyake black mock turtleneck, Huang usually rocks a black leather motorcycle jacket and black sneakers. While their sartorial styles might have been similar, their style of communication could not be more different.

In a 1997 video where Jobs is talking about Apples “Think Different” campaign, he discussed the neglect of the Apple brand and how to bring it back:

The way to do that is not to talk about speeds and feeds. Its not to talk about mips and megahertz. Its not to talk about why were better than Windows.”

Clearly, this is advice that Huang has flipped on its head. Huangs buzzword- and jargon-filled keynote speech at yesterdays Nvidia GTC event is a perfect illustration of how the famously detail-oriented, technically savvy engineer sells his vision (and his products) enthusiastically to a crowd.

Even if they dont know exactly what he is talking about. 

Blackwells, Vera Rubin, and physical AI

The big announcements at the event were Nvidias updated GPUs for AI computing: the Blackwell Ultra GB300 and next years Vera Rubin and Rubin Ultra (in 2027). Faster computing, for less power. Huang also spent a lot of time talking about the companys big plans for robotics and “physical AI,” which involves detailed simulated environments where robots can be trained on a “digital twin” of a warehouse or other model. Nvidia also announced a wide-ranging partnership with GM for their upcoming self-driving car fleet. (The carmaker ditched its Cruise program in December.) 

Gaussian splats, soft bodies, and petaflops

If one thing is clear from watching Huang power through dozens of Nvidia products and technologies in his two-hour power keynote: he knows his jargon. Between the petaflops, exabytes, micro ring resonator modulators, and silicon photonics, you really see how deep Huangs knowledge is about the technology built by the company he founded 32 years ago at a Denny’s

We made a 5.5-minute supercut of Huangs best buzzwords and jargon from yesterdays keynote. At times, it sounds like he is speaking another language, but all the while, he is selling.

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OpenAI and Microsoft reach agreement that moves OpenAI closer to for-profit status

In a joint statement, OpenAI and Microsoft announced a “non-binding memorandum of understanding” for their renegotiated $13 billion partnership, which was a source of recent tension between the two companies.

Settling the agreement is a requirement to clear the way for OpenAI to convert to a for-profit public benefit corporation, which it must do before a year-end deadline to secure a $20 billion investment from SoftBank.

OpenAI also announced that the controlling non-profit arm would hold an equity stake in the PBC valued at $100 billion, which would “making it one of the most well-resourced philanthropic organizations in the world.”

The statement read:

“This recapitalization would also enable us to raise the capital required to accomplish our mission—and ensure that as OpenAI’s PBC grows, so will the nonprofit’s resources, allowing us to bring it to historic levels of community impact.”

Settling the agreement is a requirement to clear the way for OpenAI to convert to a for-profit public benefit corporation, which it must do before a year-end deadline to secure a $20 billion investment from SoftBank.

OpenAI also announced that the controlling non-profit arm would hold an equity stake in the PBC valued at $100 billion, which would “making it one of the most well-resourced philanthropic organizations in the world.”

The statement read:

“This recapitalization would also enable us to raise the capital required to accomplish our mission—and ensure that as OpenAI’s PBC grows, so will the nonprofit’s resources, allowing us to bring it to historic levels of community impact.”

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BofA doesn’t expect Tesla’s ride-share service to have an impact on Uber or Lyft this year

Analysts at Bank of America Global Research compared Tesla’s new Bay Area ride-sharing service with its rivals and found that, for now, its not much competition for Uber and Lyft. “Tesla scale in SF is still small, and we dont expect impact on Uber/Lyft financial performance in 25,” they wrote.

Tesla is operating an unknown number of cars with drivers using supervised full self-driving in the Bay Area, and roughly 30 autonomous robotaxis in Austin. The company has allowed the public to download its Robotaxi app and join a waitlist, but it hasn’t said how many people have been let in off that waitlist.

While the analysts found that Tesla ride-shares are cheaper than traditional ride-share services like Uber and Lyft, the wait times are a lot longer (nine-minute wait times on average, when cars were available at all) and the process has more friction. They also said the “nature of [a] Tesla FSD ‘driver’ is slightly more aggressive than a Waymo,” the Google-owned company that’s currently operating 800 vehicles in the Bay Area.

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Oracle’s massive sales backlog is thanks to a $300 billion deal with OpenAI, WSJ reports

OpenAI has signed a massive deal to purchase $300 billion worth of cloud computing capacity from Oracle, according to a report from The Wall Street Journal.

The report notes that the five-year deal would be one of the largest cloud computing contracts ever signed, requiring 4.5 gigawatts of capacity.

The news is prompting shares to pare some of their massive gains, presumably because of concerns about counterparty and concentration risk.

Yesterday, Oracle shares skyrocketed as much as 30% in after-hours trading after the company forecast that it expects its cloud infrastructure business to see revenues climb to $144 billion by 2030.

Oracle shares were up as much as 43% on Wednesday.

It’s the second example in under a week of how much OpenAI’s cash burn and fundraising efforts are playing a starring role in the AI boom: the Financial Times reported that OpenAI is also the major new Broadcom customer that has placed $10 billion in orders.

Yesterday, Oracle shares skyrocketed as much as 30% in after-hours trading after the company forecast that it expects its cloud infrastructure business to see revenues climb to $144 billion by 2030.

Oracle shares were up as much as 43% on Wednesday.

It’s the second example in under a week of how much OpenAI’s cash burn and fundraising efforts are playing a starring role in the AI boom: the Financial Times reported that OpenAI is also the major new Broadcom customer that has placed $10 billion in orders.

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