🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Nvidia starts to wind down support for old GPUs, including the long-lived GTX 1060
Arstechnica
·
6m ago
Medial
Nvidia is reducing support for older GPU architectures like Maxwell, Pascal, and Volta, marking them "feature-complete" in upcoming CUDA updates. Despite continued support in current driver packages, this signals a future phase-out. Notably, the GTX 750 Ti and GTX 1060, recognized for their efficiency and popularity, will be impacted. Companies like Nvidia and AMD periodically drop support to focus on newer technology, maintaining separate driver updates mainly for security purposes for older models.
View Source
Related News
Nvidia could be primed to be the next AWS
TechCrunch
·
1y ago
Medial
Nvidia and Amazon Web Services (AWS) have similarities in their growth trajectories. Both companies stumbled upon their core businesses through serendipity - AWS realized it could sell internal services to external clients, while Nvidia found that gaming GPUs were suitable for AI workloads. Nvidia's revenue has been growing rapidly, especially in the data center business, while AWS has consistently been a major revenue driver for Amazon. However, AWS' growth has slowed down while Nvidia's continues to skyrocket. The question remains whether Nvidia can sustain long-term growth and become a revenue powerhouse like AWS.
View Source
Keen On Partnering With Indian Cos To Deploy GPUs: NVIDIA
Inc42
·
1y ago
Medial
NVIDIA, the graphics processing unit (GPU) manufacturer, is looking to partner with more Indian companies to deploy its AI solutions. Vishal Dhupar, managing director of NVIDIA Asia-South, expressed the company's interest in working with businesses to bring GPUs to India and support local innovation. Dhupar mentioned the investment made by Niranjan Hiranandani-backed Yotta Data Services to acquire 16,000 GPUs, marking NVIDIA's first major AI investment in India. However, Dhupar noted that AI research progress in India is limited due to inadequate infrastructure, with only about 2% of global AI research being contributed from India.
View Source
Yotta gets first tranche of 4,000 GPUs from Nvidia
Economic Times
·
1y ago
Medial
Yotta Data Services, a subsidiary of Hiranandani Group, has received the first batch of 4,000 Nvidia graphics processing units (GPUs) as part of its plan to scale up its GPU collection to 32,768 units by 2025. The demand for GPU-based servers has risen due to their ability to process data at high speeds, particularly for AI development. Nvidia currently dominates the GPU market with approximately 88% market share, resulting in a shortage of GPUs globally. Yotta aims to support Indian businesses, governments, startups, and researchers in accelerating innovation and achieving excellence in the AI revolution.
View Source
ByteDance says committed to VR business Pico after report of it shutting brand
Economic Times
·
1y ago
Medial
ByteDance, the owner of TikTok, clarified that it is not shutting down its virtual reality (VR) business Pico and remains committed to the industry. This comes after reports emerged that ByteDance planned to gradually wind down the Pico brand. ByteDance stated that Pico is operating normally and the company will continue to invest in extended reality (XR) business in the long term. Pico, which holds the largest market share for VR headsets in China, is considered ByteDance's response to Meta's popular Quest headsets. However, Pico has been facing challenges, including employee departures and rethinking its strategy.
View Source
Zuckerberg wants to build AGI with 350,000 Nvidia H100 GPUs
Medial
·
1y ago
Medial
Facebook's Mark Zuckerberg is aiming to acquire 350,000 Nvidia H100 GPUs by the end of the year to support Meta's development of artificial general intelligence. OpenAI also plans to raise billions of dollars to establish its own chip fabrication network. While Meta trains its latest language model called Llama 3, Zuckerberg envisions significant advancements in reasoning, planning, coding, memory, and other cognitive abilities to achieve AGI. Besides GPUs, Meta is exploring the use of other chip types and even developing its own AI silicon.
View Source
SECI executes 60 GW of power sale pacts for renewable energy projects in 14 years
Economic Times
·
1m ago
Medial
State-owned Solar Energy Corporation of India (SECI) has executed over 60 GW of power sale agreements for renewable energy projects within 14 years. These agreements encompass a diverse array of solar, wind, and hybrid projects and ensure long-term power purchase commitments. SECI's efforts aim to bolster payment security for developers, enhance India's renewable capacity, and support the nation's clean energy objectives, including future initiatives in energy storage, green hydrogen, and advanced power models.
View Source
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.
View Source
SMEs scramble to build consortiums to be eligible for Rs 10,000-crore GPU plan
Economic Times
·
11m ago
Medial
Small and medium companies in India are forming partnerships with cloud service providers and large enterprises in order to participate in the government's tender for graphics processing units (GPUs). The tender requires bidders to have installed or purchased a minimum of 1,000 GPUs and meet certain financial criteria. Many smaller companies are seeking consortium partners as they do not meet all the conditions on their own. Large players are also looking for local partners with expertise in the segment. Several companies including ST Telemedia Global Data Centres, Tata Communications, and Nvidia are seeking partners for the bid.
View Source
Tech Inc hopes to do a SAP with Nvidia this time
Livemint
·
9m ago
Medial
Indian tech services companies, including Tata Consultancy Services (TCS), Infosys, Wipro, and Tech Mahindra, are partnering with chip giant Nvidia to leverage artificial intelligence (AI) capabilities. TCS has launched an AI-focused business unit, Infosys has developed language models using Nvidia's platforms, Wipro has created AI-based templates, and Tech Mahindra has established a center of excellence for AI adoption. The partnerships enable these companies to meet client demands for Nvidia's GPUs and AI platforms, while Nvidia expands its ecosystem. This move is reminiscent of similar alliances with software firms SAP and Oracle.
View Source
Meta's Zuckerberg in South Korea, expected to discuss AI
Reuters
·
1y ago
Medial
Meta CEO Mark Zuckerberg has arrived in South Korea for talks on artificial intelligence (AI) and meetings with President Yoon Suk Yeol and leaders of tech companies. This visit is part of Zuckerberg's tour of Asian countries where he aims to ramp up Meta's AI efforts, including the development of a custom chip and integrating AI functions into products. Discussions will focus on AI chip supply and expanding generative AI ecosystems. This visit marks Zuckerberg's first known trip to South Korea in 10 years. Meta plans to deploy a new custom chip in its data centers and secure 350,000 GPUs from Nvidia to support its AI push.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
/cloudfront-us-east-2.images.arcpublishing.com/reuters/WZ2IG5HSXJIJTN2PRFGMPNBMDY.jpg)
