Nvidia produces a chip called the H100 accelerator, capable of processing such data and currently in high demand.
NVIDIA
Thanks to the generative AI boom, NVIDIA achieved excellent results in 2023, reaching a trillion-dollar valuation.
Washington allows the export of some Nvidia technology to the Middle East, but curbs exports of the company's most sophisticated chips.
NVIDIA's rise to the top is not just a testament to its success but also a reflection of the broader market's faith in AI's potential.
Nvidia shares reach market value of $3.34 trillion and have risen 170% this year, cementing its position as a tech powerhouse.
Broadcom's shares surge 15% following optimistic annual forecast. AI chip demand and stock split announcement drive market enthusiasm.
Telenor reports strong Q1 growth and combats rising cyber threats, while partnering with NVIDIA to boost AI integration across its operations.
The company, valued at $5 billion, focuses on selling AI models and applications with an emphasis on data privacy.
The tools will be able to run on Nvidia’s chips and will focus on detecting intruders and ensuring that sensitive data within AI systems.
Nvidia’s CEO Jensen Huang announced the Blackwell Ultra chip for 2025 and the Rubin chip platform for 2026, speeding up their upgrading.
Specifications for the new standard will be available in the third quarter of 2024 to companies joining the UALink Consortium.
NVIDIA’s first quarter results showed adjusted earnings on revenue of $26 billion, a jump of 461% from a year ago.
Popular Posts
