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AI's most popular chipmaker Nvidia is trying to use AI to design chips faster
Business Insider
ยท
1y ago
Medial
Chip giant Nvidia is using its own AI system, ChipNeMo, to speed up the production of its GPUs in response to high demand. ChipNeMo, powered by a large language model, can assist in chip design processes and respond to queries related to GPU architecture. Since its unveiling in October 2020, ChipNeMo has proven useful in training junior engineers and summarizing notes across different teams. With the AI industry booming, Nvidia's efforts to ramp up GPU production are poised to benefit the company's stock and support its position in the competitive AI market.
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Why Microsoft's Satya Nadella had to step in amid 'chip feud' with Nvidia
Livemint
ยท
1y ago
Medial
Microsoft CEO Satya Nadella intervened in a dispute between Microsoft and Nvidia over the design of an AI chip, according to The Information. The conflict arose from Nvidia CEO Jensen Huang's desire to control the distribution and installation of chips, potentially affecting Microsoft's ability to switch to different AI chips. The disagreement was only resolved when it reached Nadella's desk, and he reportedly made Nvidia roll back their demands. Nvidia's stock fell 13% after briefly overtaking Microsoft as the world's most valuable company.
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Nvidiaโs Big Tech rivals put their own AI chips on the table
Economic Times
ยท
1y ago
Medial
Big tech companies like Amazon, Google, Meta, and Microsoft are investing in building their own AI chips to reduce costs, eliminate shortages, and challenge NVIDIA's dominance in the AI chip market. While NVIDIA is the leader in AI chip sales, the tech giants are looking to control their own destiny by creating their own chips. However, they continue to work closely with NVIDIA and maintain partnerships with the chipmaker, ensuring they still offer its chips alongside their own. The AI chip market is projected to double by 2027, reaching around $140 billion.
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Exclusive: Nvidia CEO says his AI chips are improving faster than Moore's Law
TechCrunch
ยท
6m ago
Medial
Nvidia CEO Jensen Huang claims the company's AI chips are advancing faster than Mooreโs Law, which historically predicted transistor doubling every two years. Nvidia's latest chips are reportedly over 30 times faster than previous generations, driven by simultaneous innovations in architecture, chips, systems, libraries, and algorithms. As AI demands increase, Huang emphasizes creating high-performance chips to reduce costs, citing a trend of decreasing AI model prices due to Nvidia's breakthroughs, and foreseeing continued advancements in AI reasoning models.
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Meet Yotta Data Services, an Indian startup taking big AI bets
Economic Times
ยท
1y ago
Medial
Yotta Data Services, a data centre startup in India, has partnered with chipmaker Nvidia to offer high-performance computing capabilities for AI development. Yotta has received the first batch of 4,000 Nvidia H100 chips and plans to scale up to 16,384 GPUs by 2024. They aim to address the growing demand for high-performance GPUs in research labs, enterprises, and startups. Yotta's Shakti-Cloud will provide cost-effective access to Nvidia AI chips on a per-hour usage model. Additionally, Yotta is building an AI data centre in Gujarat's GIFT City, set to go live later this month.
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Nvidia rival Graphcore in need of funding as losses mount
Economic Times
ยท
1y ago
Medial
Graphcore, a UK-based artificial intelligence chipmaker and Nvidia competitor, is seeking additional funding as it faces mounting losses. The company has been developing chips designed for machine learning applications. However, it faces stiff competition from industry giants like Nvidia and AMD. Graphcore's financial challenges highlight the fierce competition in the AI chip market and the need for substantial investments to stay competitive.
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Nvidiaโs new AI chip delayed due to design flaws, says report | Mint
Livemint
ยท
11m ago
Medial
Nvidia's upcoming AI chips are facing a delay of at least three months due to design flaws, impacting customers such as Meta, Google, and Microsoft. The delay was reported by sources indicating that shipments aren't expected until Q1 2025. While Nvidia did not comment on the delay, they reassured that production is on track. In other news, Nvidia's market value surged by $329 billion, aided by expectations of high demand for its processors after Microsoft reported increased AI expenditures. Rival chipmakers Intel and AMD are also trying to catch up in the AI chip race.
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Sam Altman's $7 trillion chip dreams are way off the mark, says Nvidia CEO Jensen Huang
Business Insider
ยท
1y ago
Medial
Nvidia CEO, Jensen Huang, took a dig at OpenAI chief, Sam Altman, stating that the $7 trillion he is trying to raise for boosting supplies of GPU chips needed for AI processing is excessive. Huang argued that advances in computing will reduce the need for such a massive investment. He estimated that the cost of building AI data centers globally would amount to $2 trillion by 2029. Nvidia has already held talks with OpenAI and other tech giants to develop custom chips for data centers.
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Nvidia supplier SK Hynix posts 6-year high profit on AI boom
Economic Times
ยท
11m ago
Medial
South Korean chipmaker SK Hynix reported its highest quarterly profit since 2018, benefiting from strong demand for high-end chips used in AI applications. The company anticipates that demand for high bandwidth memory (HBM) used in generative AI chipsets will continue to grow, with next year's HBM shipments expected to more than double this year's. However, SK Hynix shares dropped as investor expectations were not met. The company leads the HBM market and supplies chips to Nvidia, commanding 80% of the AI chip market. SK Hynix plans to ship the next versions of HBM chips in the coming quarters.
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Baidu placed AI chip order from Huawei in shift away from Nvidia
Economic Times
ยท
1y ago
Medial
Chinese AI company Baidu has reportedly ordered 1,600 artificial intelligence chips, the Huawei Ascend AI chips, as a potential alternative to Nvidia. Baidu placed the order ahead of new US government rules on chip exports to China. This indicates how some firms are shifting away from Nvidia, and although the order is relatively small, it is significant. Baidu is known for being a long-time client of Nvidia, and this move highlights Chinese acceptance of Huawei's products as an alternative. The Ascend chips are seen as the most advanced domestic option in China.
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Nvidia set to face French antitrust charges
Economic Times
ยท
1y ago
Medial
French antitrust regulator is reportedly preparing to charge Nvidia for alleged anti-competitive practices in the graphics cards sector. This follows the regulator's dawn raids in September last year, which targeted the company. Nvidia, the world's largest chipmaker for AI and computer graphics, has faced increased demand for its chips. The French authority's concerns include Nvidia's dominance in the CUDA chip programming software and its investments in AI-focused cloud service providers. The US Department of Justice is also investigating Nvidia. Fines for breaching French antitrust rules can reach up to 10% of global annual turnover.
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