Why do Nvidia’s chips dominate the AI market?
1 year, 1 month ago

Why do Nvidia’s chips dominate the AI market?

Live Mint  

NO OTHER FIRM has benefited from the boom in artificial intelligence as much as Nvidia. Nvidia’s AI chips, also known as graphics processor units or “accelerators", were initially designed for video games. Happily for Nvidia, its chips have found much wider uses: cryptocurrency mining, self-driving cars and, most important, training of AI models. Its chips have kept pace with ever more complex AI models: in the decade to 2023 Nvidia increased the speed of its computations 1,000-fold. Nvidia’s juicy profit margins and the rapid growth of the AI accelerator market—projected to reach $400bn per year by 2027—have attracted competitors.

History of this topic

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