Nvidia CEO Jensen Huang Unveils $1 Trillion AI Chip Vision and "OpenClaw" Strategy at GTC
By admin | Mar 20, 2026 | 2 min read
During a two-and-a-half-hour keynote at Nvidia's GTC conference this week, CEO Jensen Huang, clad in his signature leather jacket, made several major announcements. He forecasted AI chip sales reaching $1 trillion by 2027, emphasized that every company should adopt an "OpenClaw strategy," and concluded with a somewhat chaotic presentation involving an Olaf robot that eventually had its microphone turned off. The overarching theme was unmistakable: Nvidia aims to be an essential component across a vast range of sectors, from artificial intelligence development and self-driving cars to entertainment venues like Disney parks.
The full episode also covers several other significant stories from the tech world.
Travis Kalanick is making a comeback with his new venture, Atoms, which he describes as building a foundational "wheelbase for robots." This segment also explores questions surrounding Kalanick's acquisition strategy for the startup.
In the automotive sector, Rivian has entered a partnership with Uber to develop robotaxi versions of its upcoming R2 vehicle. The deal is valued at up to $1.25 billion, though Rivian has adjusted its EBITDA target timeline to accommodate this new initiative.
Frore Systems, a company specializing in advanced cooling technology for AI chips, has achieved a notable valuation of $1.64 billion.
Elon Musk's AI venture, xAI, is undergoing another reboot, with reports indicating that only two of its original eleven co-founders remain with the company.
Finally, Garry Tan's demonstration of his Claude Code setup gained significant attention at SXSW, though the viral moment wasn't entirely for positive reasons.
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