Nvidia’s new sales booster: The global push for domestic AI champions
6 months, 2 weeks ago

Nvidia’s new sales booster: The global push for domestic AI champions

Live Mint  

Countries in Asia, the Middle East, Europe and the Americas are pouring billions of dollars into new domestic computing facilities for artificial intelligence, opening up a fast-growing source of sales for Nvidia and other tech companies. Nvidia Chief Executive Jensen Huang has traveled the world in recent months to push investments in AI from governments and state-linked telecommunications and utility companies that often oversee national computing infrastructure. Other big projects are taking place in Canada, which last month pledged $1.5 billion as part of a sovereign computing strategy for the country’s startups and researchers, and Japan, which said it is investing about $740 million to build up domestic AI computing power this year following a visit from Huang. Similar pushes are spreading across Europe, including those in France and Italy, where telecom companies are building AI supercomputers with Nvidia’s chips to develop local-language large language models. Kenya last month signed a deal with Microsoft and the United Arab Emirates-backed AI company G42 to build a $1 billion data center in the country—and to use the country’s geothermal power to train a model directly in Swahili and English.

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History of this topic

Nvidia increases hiring in China to boost AI-driven car efforts
1 week, 4 days ago

Nvidia increases hiring in China to boost AI-driven car efforts

Hindustan Times  

Nvidia Corp. has added hundreds of staff in China this year to enhance its research capabilities and focus on new autonomous driving technologies. While Nvidia has sought to maintain good relations with Beijing, the local antitrust regulator this week announced a probe into Nvidia’s 2020 takeover of Mellanox. While Nvidia has sought to maintain good relations with Beijing, the local …

China hits back at US, initiates antitrust investigation in NVIDIA’s AI chip dominance
2 weeks ago

China hits back at US, initiates antitrust investigation in NVIDIA’s AI chip dominance

Firstpost  

The probe, led by China’s State Administration for Market Regulation, scrutinises NVIDIA’s $6.9 billion acquisition of Mellanox Technologies in 2019, which was approved by Beijing in 2020 under strict conditions to ensure non-discriminatory access to products for the Chinese market China has launched an antitrust investigation into NVIDIA, the American semiconductor giant dominating the AI GPU market, in what appears …

Jensen Huang Wants to Make AI the New World Infrastructure
54 years, 11 months ago

Jensen Huang Wants to Make AI the New World Infrastructure

Wired  

In a world where people are increasingly doubting the potential of AI, you can count on Jensen Huang, the CEO of Nvidia, to be the last one hyping up how AI will be the fundamental force that changes society. Talking to WIRED senior writer Lauren Goode at The Big Interview event on Tuesday in San Francisco, Huang called the trend …

Generative AI product user base in China reaches 230 mln
3 weeks, 1 day ago

Generative AI product user base in China reaches 230 mln

China Daily  

A participant visits the exhibition booth of China Mobile at the 2024 Artificial Intelligence for Good Global Summit in Geneva, Switzerland, May 30, 2024. BEIJING -- The user base of generative artificial intelligence products in China had reached 230 million by June 2024, highlighting the country's widespread adoption of generative AI-driven upgrades across various industries, a report released Saturday stated. …

Nvidia Says New Chip Remains on Track, Helping Soothe Investors
1 month ago

Nvidia Says New Chip Remains on Track, Helping Soothe Investors

Live Mint  

-- Nvidia Corp. assured investors that its new product lineup will continue to fuel an artificial intelligence-driven growth run, while also signaling that the rush to get chips out the door is proving costlier than expected. Speaking after the release of quarterly results, Chief Executive Officer Jensen Huang said that Nvidia’s highly anticipated Blackwell products will ship this quarter amid …

Nvidia’s R2-D2-like robot should focus on developing its AI brain and not body
1 month, 1 week ago

Nvidia’s R2-D2-like robot should focus on developing its AI brain and not body

Live Mint  

One of the memorable moments of Nvidia Corp’s most recent conference for developers came towards the end of the chip giant’s semi-annual event. Having captured one of the most lucrative markets in recent times for chips that can train and run Generative AI systems, Huang has been talking up three other areas he’s now eyeing for growth: autonomous vehicles, quantum …

Nvidia and Reliance to Build AI Infrastructure in India, Boosting Local Capabilities and Global Leadership
1 month, 4 weeks ago

Nvidia and Reliance to Build AI Infrastructure in India, Boosting Local Capabilities and Global Leadership

The Hindu  

Nvidia and Reliance Industries announce a major partnership to build an AI computing infrastructure in India. The partnership will include the construction of a new major data center using Nvidia's Blackwell AI chips, as well as the creation of an innovation center in the country. The collaboration aims to enhance local capabilities and position India as a significant player in …

India: A Crucial Hub for AI Innovation
Top News
1 month, 4 weeks ago

India: A Crucial Hub for AI Innovation

Firstpost  

NVIDIA CEO Jensen Huang highlights India's crucial role in the future of artificial intelligence (AI). The company is forging partnerships with some of the nation's biggest corporate players to build AI infrastructure in India, with a rapidly growing digital economy and burgeoning tech ambitions, India is emerging as a strategic hub for NVIDIA's global AI goals.

Nvidia to Strengthen Presence in India Through Strategic Partnerships
Trending News
1 month, 4 weeks ago

Nvidia to Strengthen Presence in India Through Strategic Partnerships

India Today  

Nvidia is expanding its presence in India through new partnerships with major Indian companies. The company plans to form partnerships with Reliance Industries Ltd. and Infosys Ltd to develop AI technology in India. This highlights the importance of India, which has the largest population in the world, to Nvidia's future in the field of artificial intelligence.

Nvidia can’t escape shadow of AI spending fears
3 months, 3 weeks ago

Nvidia can’t escape shadow of AI spending fears

Live Mint  

Nvidia has made life at the top look easy. Nvidia’s overall top and bottom lines beat Wall Street’s targets, as did the company’s forecast for the current period ending in October. Nvidia’s projected revenue of $32.5 billion for the current quarter ending in October was 2% ahead of Wall Street’s targets; the company’s projection for the same period last year …

Nvidia reports record quarterly revenue as AI chip demand continues
3 months, 3 weeks ago

Nvidia reports record quarterly revenue as AI chip demand continues

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy US computer chip giant Nvidia …

High-tech leap making remarkable changes to country's healthcare system
4 months, 3 weeks ago

High-tech leap making remarkable changes to country's healthcare system

China Daily  

Visitors check out a medical recovery large model during the World Artificial Intelligence Conference in Shanghai on July 5. And, in the past seven years, I have seen AI making remarkable changes to the medical system in China, fundamentally altering people's lives. China Merchants Securities said the global AI plus healthcare market, which is currently valued at $5 billion, will …

Nvidia Ready To Join The AI Chip Battle In China With New Flagship Version: All Details
5 months ago

Nvidia Ready To Join The AI Chip Battle In China With New Flagship Version: All Details

News 18  

SINGAPORE:Nvidia is working on a version of its new flagship AI chips for the China market that would be compatible with current U.S. export controls, four sources familiar with the matter said. The advent of tighter export U.S. controls has helped Chinese technology giant Huawei and startups like Tencent-backed Enflame make some inroads into the domestic market for advanced AI …

How Santa Clara chipmaker Nvidia became one of the world’s most valuable companies in the AI boom
6 months ago

How Santa Clara chipmaker Nvidia became one of the world’s most valuable companies in the AI boom

LA Times  

People gather in the Nvidia booth at the Mobile World Congress mobile phone trade show in 2014 in Barcelona, Spain. Recently, Apple was overtaken by Microsoft, and this week there was briefly a new king of Wall Street — once again a Bay Area company: Nvidia, which makes semiconductors in high demand for artificial intelligence applications. Nvidia shares have been …

Decoding Nvidia's meteoric rise: From gaming GPU maker to world's most valuable company
6 months ago

Decoding Nvidia's meteoric rise: From gaming GPU maker to world's most valuable company

India Today  

Once known for developing graphics cards for gaming on laptops and PCs, Nvidia has now clinched the title of the world’s most valuable company—a journey that’s nothing short of epic. AI gold rush boosts Nvidia Nvidia’s meteoric rise is a clear indicator of AI’s transformative potential and the company’s stellar run also reflects it on Wall Street. Nvidia rides AI …

Nvidia’s business is booming. Here’s what could slow it down.
6 months, 4 weeks ago

Nvidia’s business is booming. Here’s what could slow it down.

Live Mint  

Nvidia is riding high after another quarter of blockbuster sales and earnings, even as threats are emerging that could weaken the company’s position at the center of the artificial-intelligence boom. Sequoia Capital estimated in March that the industry put $50 billion into Nvidia’s chips to train large language models, but generative AI startups had only made $3 billion in revenue. …

Nvidia’s profit soars, underscoring its dominance in chips for artificial intelligence
7 months ago

Nvidia’s profit soars, underscoring its dominance in chips for artificial intelligence

Associated Press  

SAN FRANCISCO — Nvidia on Wednesday overshot Wall Street estimates as its profit skyrocketed, bolstered by the chipmaking dominance that has made the company an icon of the artificial intelligence boom. Huang predicted that the companies snapping up Nvidia chips will use them to build a new type of data centers he called “AI factories” designed to produce “a new …

AI data training supported by domestic chips, supercomputers
7 months, 2 weeks ago

AI data training supported by domestic chips, supercomputers

China Daily  

Visitors gather at the booth of the National SuperComputer Center in Tianjin in May 2023. China is making progress in leveraging supercomputers and domestic artificial intelligence chips for the training of AI data, as it copes with the restrictions imposed by the United States on exports of US company Nvidia's most advanced AI chips to the country, experts and company …

AI data training supported by domestic chips, supercomputers
7 months, 3 weeks ago

AI data training supported by domestic chips, supercomputers

China Daily  

China is making progress in leveraging supercomputers and domestic artificial intelligence chips for the training of AI data, as it copes with the restrictions imposed by the United States on exports of US company Nvidia's most advanced AI chips to the country, experts and company executives said. Kang Bo, head of the data intelligence department at the National Supercomputer Center …

AI data training supported by domestic chips, supercomputers
7 months, 3 weeks ago

AI data training supported by domestic chips, supercomputers

China Daily  

By Ma Si in Beijing and Yang Cheng in Tianjin | China Daily | Updated: 2024-04-30 07:03 China is making progress in leveraging supercomputers and domestic artificial intelligence chips for the training of AI data, as it copes with the restrictions imposed by the United States on exports of US company Nvidia's most advanced AI chips to the country, experts …

China uses supercomputer for AI training amid US curbs on Nvidia chips
7 months, 3 weeks ago

China uses supercomputer for AI training amid US curbs on Nvidia chips

China Daily  

By Ma Si in Beijing and Yang Cheng in Tianjin | chinadaily.com.cn | Updated: 2024-04-29 16:18 Visitors gather at the booth of the National SuperComputer Center in Tianjin in May 2023. China makes progress in leveraging supercomputers and domestic artificial intelligence chips for the training of AI large language models, as the country handles Washington's restrictions on exporting the US …

Nvidia to acquire Israeli AI software provider Run:ai
7 months, 4 weeks ago

Nvidia to acquire Israeli AI software provider Run:ai

The Hindu  

Nvidia has agreed to acquire the Israeli startup Run:ai, which develops software for handling artificial intelligence computing resources. Earlier in March, reports emerged of a coalition of tech companies that includes Qualcomm, Google and Intel that plans to loosen Nvidia’s chokehold by going after the chip giant’s secret weapon: the software that keeps developers tied to Nvidia’s chips. The trillion-dollar …

Nvidia boss Jensen Huang's wish to work on PM Modi's AI plan: ‘I am open for business… spread the word’
9 months ago

Nvidia boss Jensen Huang's wish to work on PM Modi's AI plan: ‘I am open for business… spread the word’

Hindustan Times  

Nvidia CEO Jensen Huang said that Artificial Intelligence will help India's transformation from being the IT back office of global companies to the front office for engineering, finance, marketing and sales. Nvidia's CEO Jensen Huang displays products on-stage during the annual Nvidia GTC Artificial Intelligence Conference at SAP Center in San Jose, California. Jensen Huang on working with Indian government …

AI chip race: Fears grow of huge financial bubble
10 months ago

AI chip race: Fears grow of huge financial bubble

The Hindu  

Published : Feb 22, 2024 15:43 IST - 4 MINS READ Sam Altman caused more than a stir in early February when he called for a $5 to 7 trillion global investment to produce more powerful chips for the next generation of artificial intelligence platforms. “It is an order of magnitude more than the entire chip industry has spent in …

Nvidia gives upbeat forecast as AI reaches ‘tipping point’
10 months ago

Nvidia gives upbeat forecast as AI reaches ‘tipping point’

LA Times  

Nvidia Corp. predicted another massive sales gain for the current quarter, helping justify a stock rally that has turned it into one of the world’s most valuable companies. Nvidia Chief Executive Jensen Huang said generative AI has reached a “tipping point.” The shares jumped 9% in extended trading after the announcement. “Demand is surging worldwide across companies, industries and nations.” …

Nvidia CEO Says Countries Must Have Independent AI Infrastructure; Dispels Concerns Over Exaggerated Fears
10 months, 1 week ago

Nvidia CEO Says Countries Must Have Independent AI Infrastructure; Dispels Concerns Over Exaggerated Fears

News 18  

Nvidia CEO Jensen Huang said on Monday that every country needs to have its own artificial intelligence infrastructure in order to take advantage of the economic potential while protecting its own culture. Huang, whose firm has catapulted to a $1.73 trillion stock market value due to its dominance of the market for high-end AI chips, said his company is ‘democratizing’ …

Nvidia's new China-focused AI chip set to be sold at similar price to Huawei product
10 months, 3 weeks ago

Nvidia's new China-focused AI chip set to be sold at similar price to Huawei product

The Hindu  

Nvidia has started taking pre-orders for a new China-specific artificial intelligence chip from distributors who are pricing it on par with a rival product from Huawei, sources familiar with the matter said. The graphics card, the H20, is the most powerful of three Nvidia has been developing for the Chinese market after the U.S. expanded bans on high-end chip exports, …

AI race a free for all, warns veteran investor Terry Smith
11 months, 2 weeks ago

AI race a free for all, warns veteran investor Terry Smith

The Telegraph  

Top fund manager Terry Smith has warned that the race to dominate artificial intelligence may not produce a clear “winner”. In a letter to investors on Tuesday, Mr Smith said: “Maybe there won’t be a winner, either in the provision of large language models or their use. “The adoption of AI may lead to a situation where everyone has it, …

NVIDIA Is Betting Big On THIS Country To Power Its AI Ambitions
1 year ago

NVIDIA Is Betting Big On THIS Country To Power Its AI Ambitions

News 18  

U.S. chipmaker Nvidia’s chief executive said on Monday the company will expand its partnership with Vietnam’s top tech firms and support the country in training talent for developing artificial intelligence and digital infrastructure. “Vietnam and Nvidia will deepen our relations, with Viettel, FPT, Vingroup, VNG being the partners Nvidia looks to expand partnership with,” Huang said, adding Nvidia would support …

NVIDIA collaborates with US Govt to make low-grade AI Chips for the Chinese market
1 year ago

NVIDIA collaborates with US Govt to make low-grade AI Chips for the Chinese market

Firstpost  

NVIDIA is working closely with the US government to design and supply China’s tech firm with AI chips that would comply with US’s standards for Ai chip exports to China. The new GPUs, or AI chips are massively nerfed than the current flagships that NVIDIA makes In an announcement on Wednesday, NVIDIA’s CEO, Jensen Huang, revealed the company’s close collaboration …

Nvidia's dominance in AI chips deters funding for startups
1 year, 3 months ago

Nvidia's dominance in AI chips deters funding for startups

The Hindu  

Nvidia's supremacy in building computer chips for artificial intelligence has chilled venture funding for would-be rivals, investors said, with the number of U.S. deals this quarter falling 80% from a year ago. Nvidia has "indirectly" contributed to overall AI chip fundraising woes, because investors want "Home run only type investments with a huge investment, huge return," Mythic CEO Dave Rick …

Nvidia sales hit record high as AI chip demand soars
1 year, 3 months ago

Nvidia sales hit record high as AI chip demand soars

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Artificial intelligence chip giant Nvidia has seen its revenue double in the last …

How Nvidia became the world’s most important company overnight
1 year, 3 months ago

How Nvidia became the world’s most important company overnight

The Telegraph  

To a degree, Huang is fortunate his video game chips are so well suited to AI, but his allies reject suggestions he simply stumbled upon a pot of gold. Greg Bassuk, chief executive of AXS Investments, says Nvidia’s valuation is “suspect for some investors concerned about geopolitical impacts on the company’s growth prospects”. He adds investors are now looking at …

Nvidia joins trillion dollar club on booming AI demand
1 year, 6 months ago

Nvidia joins trillion dollar club on booming AI demand

The Hindu  

Nvidia Corp. on Tuesday became the first chipmaker to hit a trillion-dollar market value, as the company bets on a surge in demand for its AI chips that power chatbot sensation ChatGPT and many other applications. The latest surge in Nvidia's shares that powered the company past the trillion-dollar mark followed its revenue forecast last week that surpassed estimates by …

"Anybody can become a software engineer thanks to AI," says NVIDIA boss Jensen Huang
1 year, 6 months ago

"Anybody can become a software engineer thanks to AI," says NVIDIA boss Jensen Huang

Firstpost  

Nvidia’s CEO Jensen Huang made a resounding declaration saying that artificial intelligence has eliminated the “digital divide” and made computer programming accessible to everyone. Speaking at the Computex forum in Taipei, Huang emphasized that AI is driving a computing revolution and enabling new possibilities. As a leading supplier of chips and computing systems for AI, Nvidia has become the world’s …

AI sets NVIDIA on path to become first US chipmaker to be valued over $1 trillion
1 year, 6 months ago

AI sets NVIDIA on path to become first US chipmaker to be valued over $1 trillion

Firstpost  

Nvidia Corp is poised to surpass a market capitalization of $1 trillion, becoming the first U.S. chipmaker to achieve this milestone. In 2021, Meta reached a trillion-dollar market capitalization, while other U.S. companies such as Apple Inc, Alphabet Inc, Microsoft Corp, and Amazon.com Inc are already part of this exclusive club. Nvidia attracted significant attention in the field of artificial …

The AI Boom Runs on Chips, but It Can’t Get Enough
1 year, 6 months ago

The AI Boom Runs on Chips, but It Can’t Get Enough

Live Mint  

The artificial-intelligence revolution is being likened by Google’s chief executive to humanity’s harnessing of fire. “Because there is a shortage, it’s about who you know," said Sharon Zhou, co-founder and CEO of Lamini, a startup that helps companies build AI models like chatbots. Chip costs vary, but Nvidia’s advanced AI chips are sold by some retailers for around $33,000, though …

U.S. criticises China’s Micron boycott; Nvidia announces AI launches; Lawyer in trouble over ChatGPT citations - The Hindu
1 year, 6 months ago

U.S. criticises China’s Micron boycott; Nvidia announces AI launches; Lawyer in trouble over ChatGPT citations - The Hindu

The Hindu  

U.S. criticises China’s Micron boycott U.S. Commerce Secretary Gina Raimondo has slammed the Chinese administration over its call for companies to stop buying products made by Micron Technology, the biggest memory chip maker in the U.S. Raimondo said that the U.S. would not tolerate the move and criticised what she called China’s “economic coercion.” The Commerce Secretary also stated that …

Chip giant Nvidia nears trillion-dollar status on AI bet
1 year, 6 months ago

Chip giant Nvidia nears trillion-dollar status on AI bet

The Hindu  

Nvidia Corp. surged 24% on Thursday in one of the largest one-day gains in value for a U.S. stock, after its stellar revenue forecast showed that Wall Street has yet to price in the game-changing potential of AI. Nvidia, the fifth-most valuable U.S. company, on Wednesday projected quarterly revenue more than 50% above the average Wall Street estimate and said …

Nvidia stuns markets and signals how artificial intelligence could reshape technology sector
1 year, 6 months ago

Nvidia stuns markets and signals how artificial intelligence could reshape technology sector

Associated Press  

WASHINGTON — Shares of Nvidia, already one of the world’s most valuable companies, skyrocketed Thursday after the chipmaker forecast a huge jump in revenue, signaling how vastly the broadening use of artificial intelligence could reshape the tech sector. “It looks like the new gold rush is upon us, and NVIDIA is selling all the picks and shovels,” Susquehanna Financial Group’s …

Intel launches new AI chips, challenging Nvidia’s market
2 years, 7 months ago

Intel launches new AI chips, challenging Nvidia’s market

The Hindu  

Intel Corp on Tuesday launched a new chip called Gaudi2 focused on artificial intelligence computing, as the chip manufacturer makes a bigger push into the AI chip market currently dominated by Nvidia Corp. Gaudi2 is the second generation processor by Habana Labs, an Israeli AI chip startup Intel bought in late 2019 for about $2 billion. “CUDA is not a …

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