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Nvidia ruffles tech giants with move into cloud computing
Livemint
·
29d ago
Medial
Nvidia, the AI-chip giant, is shaking up the cloud computing sector by moving into it, posing a potential threat to established giants like Amazon, Microsoft, and Google. The company launched its own cloud-computing service, DGX Cloud, two years ago and is investing in AI cloud startups CoreWeave and Lambda. This strategic expansion signals Nvidia's influence and potential disruption in a field traditionally dominated by those major tech companies.
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Microsoft introduces its own chips for AI, with eye on cost
Economic Times
·
1y ago
Medial
Microsoft's AI-focused chips aim to reduce costs. Microsoft has unveiled its own chips for artificial intelligence applications, with a focus on reducing costs and increasing efficiency. The move is seen as an effort by Microsoft to compete with other tech giants in the AI space and improve its offerings in cloud computing. The company plans to incorporate the chips into its Azure cloud platform for customers to develop and deploy AI models.
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Nvidia's new B200 'Blackwell' unleashes next-gen AI for humanoid dreams
Livemint
·
1y ago
Medial
Nvidia has unveiled its latest AI chip, the B200 'Blackwell', at the GTC 2024 conference. The chip is aimed at accelerating AI workloads and extends the company's dominance in the AI computing market. It combines two large silicon squares, each with 208 billion transistors, into a single component. Nvidia CEO Jensen Huang stated that the chip is 30 times faster at some tasks than its predecessor. The chip is expected to be adopted by major tech companies for their cloud computing services and AI offerings. The specific pricing and performance details were not disclosed.
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French competition authority raids Nvidia's offices for anticompetitive practices: report
Economic Times
·
1y ago
Medial
France's competition authority recently raided Nvidia's offices based on suspicions of anticompetitive practices in the graphics cards sector. The raid is part of a broader inquiry into the cloud-computing sector, where concerns were raised about potential exclusion of smaller competitors by cloud-computing companies. Nvidia, the world's largest maker of chips for AI and computer graphics, was targeted in this operation. French authorities have taken a strong stance against Big Tech in recent times, as seen with the suspension of iPhone 12 sales by Apple in France.
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Nvidia’s CEO was the man of this year, next year, and the one after that
Gizmodo
·
1y ago
Medial
Nvidia CEO Jensen Huang has become a prominent figure in Silicon Valley, gaining attention from tech giants like Microsoft, Google, and Amazon who rely on Nvidia's GPUs for their AI initiatives. Huang's vision and leadership have positioned Nvidia as the dominant player in the AI chip market, with over 80% market share. While competitors have announced their own AI chips, they are still far behind Nvidia's GPUs, and the company is expected to maintain its stronghold in the market. Huang foresees a new era of computing and is investing in cloud products to complement Nvidia's AI chips.
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Tech sector's energy transition draws attention at Vegas show
Economic Times
·
6m ago
Medial
The Consumer Electronics Show (CES) in Las Vegas saw increased attention on energy transition, highlighting the tech sector's growing energy needs due to advancements in cloud computing and AI. Traditionally overlooked at CES, energy companies like Aerleum and DataGreen showcased innovations such as synthetic fuels and greener data centers. Organizers emphasized the importance of innovative energy solutions. Changing mindsets and investments from tech giants are critical for integrating energy-focused technologies into the tech ecosystem, reflecting a gradual industry shift.
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EU drops sovereignty requirements in cybersecurity certification scheme: document
Economic Times
·
1y ago
Medial
The European Union has scrapped a requirement for vendors bidding for EU cloud computing contracts to be independent from non-EU laws. This change could make it easier for tech giants such as Amazon, Google, and Microsoft to bid for these contracts. The EU has been struggling to agree on a cybersecurity certification scheme (EUCS) to ensure the cybersecurity of cloud services. The move comes as Big Tech seeks growth opportunities in the government cloud market, while the EU has concerns about illegal state surveillance and the dominance of US cloud providers. The latest draft of the rules removes requirements for joint ventures and data storage in the EU, instead focusing on information about data location and applicable laws. EU countries are currently reviewing the revised draft.
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Nvidia chases $30 billion custom chip market with new unit
Economic Times
·
1y ago
Medial
Nvidia is establishing a new business unit dedicated to creating customized chips for cloud computing companies and AI processors. The move aims to tap into the growing market for custom AI chips while protecting Nvidia from competitors seeking alternative solutions. As the dominant player in the high-end AI chip market, Nvidia controls roughly 80% of this sector. However, to meet specific needs regarding cost and energy consumption, major customers like Meta and Microsoft have started developing their own internal chips. Nvidia now plans to assist these companies in designing custom AI chips, potentially competing against industry rivals Broadcom and Marvell. Other target markets for Nvidia's custom chips include telecom, automotive, and video games.
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Nvidia in talks with Malaysia's YTL on data centre deal
Economic Times
·
1y ago
Medial
Nvidia is reportedly in advanced discussions with Malaysian conglomerate YTL on a potential data center collaboration. The deal may involve cloud infrastructure and could center around YTL's data center complex in Johor, Malaysia. The partnership aims to offer businesses in Southeast Asia access to Nvidia's AI chips through cloud computing. The deal's financial details remain undisclosed. Nvidia CEO Jensen Huang, visiting Malaysia, hinted at "potentially announcing some large investments" in Singapore. YTL's telecoms division already has a cloud gaming partnership with Nvidia.
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Sam Altman's $7 trillion chip dreams are way off the mark, says Nvidia CEO Jensen Huang
Business Insider
·
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 Earnings Show the Strength of AI Spending–and the Company
Livemint
·
1y ago
Medial
Big tech companies are heavily investing in artificial intelligence (AI), contributing to Nvidia's strong financial performance. The CEO of Nvidia, Jensen Huang, stated that AI is driving the company's growth and shaping a new industry. While AI has yet to become ubiquitous in everyday life, it has the potential to transform computing. Nvidia reported record-breaking sales and forecasts continued growth. Tech giants like Google and Microsoft are also investing in AI, boosting the demand for Nvidia's chips. The sustained boom in AI is seen as an opportunity for companies that can harness its power.
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