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News on Medial
It's not just chips. Nvidia is betting on other tech that could be impacted by AI.
Business Insider
·
1y ago
Medial
Nvidia, the chip maker, has seen its market cap surge past $2 trillion, making it one of the three largest companies in the world. The company's success is attributed to advancements in artificial intelligence (AI) that require its graphics processing units (GPUs). In addition to focusing on chip manufacturing, Nvidia has been investing in AI-focused startups across various industries, including healthcare and pharmaceuticals. These investments have proven successful, with the company's holdings worth $1.55 billion as of January. By supporting these ventures, Nvidia aims to strengthen its ecosystem and further fuel demand for its chips.
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Nvidia’s win on chips reduces China tensions, raises questions on tech rivalry
Livemint
·
1m ago
Medial
Nvidia has received assurances that it can resume selling its H20 AI chips in China, signaling a potential shift in U.S.-China tech relations. This decision comes after restrictions imposed in April and could lead to de-escalation of tensions that have impacted markets. The announcement followed Nvidia CEO Jensen Huang's meeting with President Trump and coincides with his China visit, highlighting the ongoing dynamics in global tech rivalry and market stability.
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OpenAI’s secret weapon against Nvidia dependence takes shape
Arstechnica
·
6m ago
Medial
OpenAI is developing its first custom AI processor to reduce reliance on Nvidia hardware. The chip, designed by former Google designer Richard Ho and a team of engineers, will be produced by TSMC. It's focused on running AI models rather than training them and is expected to begin mass production by 2026. This move aligns with similar efforts by other tech giants to develop AI chips, aiming to cut costs and mitigate hardware shortages.
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Nvidia CEO says Trump should revise rules for AI chip exports
Economic Times
·
3m ago
Medial
Nvidia CEO Jensen Huang has called on former US President Donald Trump to reconsider regulations concerning the export of AI chips. Huang suggests that revising these rules could be beneficial, although specific details about the proposed changes are not provided in the summary. The focus appears to be on addressing the implications and restrictions current export rules have within the tech industry, particularly concerning advancements and distribution of AI technologies globally.
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Nvidia is now worth more than Amazon and Alphabet
The Verge
·
1y ago
Medial
Nvidia has surpassed Alphabet (Google's parent company) in market capitalization, making it the world's fourth most valuable company after Microsoft, Apple, and Saudi Aramco. The chip maker's stock is now worth $1.83 trillion, just barely edging out Alphabet's $1.82 trillion market cap. Nvidia is heavily involved in the AI chip industry and its sales predominantly come from major tech companies. It is also set to release a new AI chip, the H200, with improved memory capacity and bandwidth. Additionally, Nvidia has invested $30 billion in a unit that helps other companies create custom AI chips.
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Nvidia sales likely doubled - even that may not impress investors
Economic Times
·
11m ago
Medial
Nvidia is expected to report strong second-quarter revenue growth, potentially doubling its earnings. However, investors are hoping for even better results from the AI chip giant. Depending on the outcome, this could either boost or shatter the current AI rally. Nvidia's stock has experienced a significant surge this year, contributing to the overall market value of the tech industry. Despite concerns about meeting high expectations and potential production delays of the next-gen Blackwell AI chips, Nvidia is still projected to forecast a surge in third-quarter revenue. However, this growth may not be as substantial as previous quarters.
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Apple says it uses no Nvidia GPUs to train its AI models
Economic Times
·
1y ago
Medial
Apple has used chips designed by Google instead of Nvidia for its new artificial intelligence (AI) software infrastructure, according to a research paper published by Apple. This decision is notable because Nvidia is a leader in AI processors. Apple did not explicitly confirm the absence of Nvidia chips in its AI tools, but its research paper did not mention Nvidia hardware. Instead, Apple relied on Google's tensor processing unit (TPU) chips, with 2,048 TPUv5p chips used for its mobile AI model and 8,192 TPUv4 chips for its server AI model. Apple plans to roll out the AI features to beta users this week.
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AI is having a 1995 moment
Business Insider
·
1y ago
Medial
According to tech analyst Dan Ives, the artificial intelligence (AI) boom could be compared to the internet boom of the 1990s. He believes that Nvidia is at the forefront of this revolution, producing highly sought-after graphic processing units (GPUs) that power AI models. Companies like Salesforce, Adobe, and Oracle are driving the demand for Nvidia's AI chips. Despite the similarities with the dot-com bubble, Ives does not anticipate a similar crash in the tech industry. Nvidia's recent earnings report, which exceeded expectations, supports the continued growth of the AI market. Nvidia's CEO, Jensen Huang, expects AI to expand into various industries in the coming years.
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Huawei readies new chip to challenge Nvidia, surmounting US sanctions
Livemint
·
1y ago
Medial
Chinese tech giant Huawei is set to introduce a new chip for artificial intelligence (AI) use, called Ascend 910C, as it looks to challenge Nvidia in the Chinese market. Huawei's latest processor is comparable to Nvidia's H100, which is not directly available in China, according to reports. The company's ability to develop its own chips despite US sanctions highlights its success in breaking through obstacles and creating Chinese alternatives to US products. However, Huawei has faced production delays and could face further US restrictions on machine components and memory chips for AI hardware.
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Nvidia’s business is booming. Here’s what could slow it down.
Livemint
·
1y ago
Medial
Nvidia's sales and earnings continue to soar, but challenges to their position at the forefront of the AI market are emerging. Rivals and customers are developing chips to compete with Nvidia, and AI companies are seeking more efficient models that don't require Nvidia chips. Despite these challenges, Nvidia's CEO, Jensen Huang, sees opportunities for growth by expanding the company's role into crafting data centers. Nvidia also faces competition from big tech companies like Amazon, Google, Microsoft, and Meta Platforms, which are designing their own chips. However, Nvidia plans to release new generations of advanced AI chips to maintain its dominance in the market.
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US denies blocking chip sales to Middle East
Economic Times
·
1y ago
Medial
The Biden administration has not blocked chip sales to the Middle East, clarified a spokesperson from the US Department of Commerce. Earlier, Nvidia disclosed new export license requirements for its AI chips, while it's confirmed that Advanced Micro Devices (AMD) is also affected. The rules would require Nvidia to seek licenses before selling chips to certain Middle Eastern countries. Neither company has indicated whether they've applied for licenses or their outcomes. This follows a similar trend of the US controlling technology exports for national security reasons, though the specific risks posed by the Middle East remain unclear.
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