LTTS attended the Nvidia GTC global AI conference and revealed its plans to upskill its engineers in software such as Nvidia AI Enterprise, including Nvidia NeMo, Nvidia NIM
At GDC 2024, French video game publisher Ubisoft showcased AI-powered "Non Player Characters" (NPCs), offering unique interaction with every player
Coins linked to AI-focused crypto projects have jumped alongside tech stocks like Nvidia, driven by insatiable investor appetite for applications like machine-learning
Huang, Nvidia's co-founder, said AI is the driving force in a fundamental change in the economy and that Blackwell chips are "the engine to power this new industrial revolution"
Shares of the world's third most-valuable firm dropped about 1.4% to $872, with some analysts saying investors had already factored in the unveiling of the B200 Blackwell chip
India's computing infrastructure is less than 2 per cent of global capacity which is a limiting factor in its contribution to research that remains in the range of 2 per cent, according to a senior official of GPU chip maker NVIDIA. While speaking at StartUp Mahakumbh, NVIDIA Asia South MD Vishal Dhupar on Monday said that the contribution of research from Indians abroad is around 12 per cent due to the availability of computing infrastructure. "India today is approximately sub-2 per cent as compared to US and China combined is closer to 58-59 per cent. If you go back and figure out why the research in India is as low as,what it is, we are talking about India's contribution, of 2 per cent. There is a direct correlation to that. Indians who basically contribute to the research bit are not based in India are contributing 12 pc because infrastructure is available there," Dhupar said. The demand for GPU-based servers or accelerated computing has increased as they can process data at a .
The company's products are so coveted because they're essential for the development of artificial intelligence, the technology that's set off a frenzy in industries around the world
The rally has been relentless this year. The stock has climbed about 70% and added some $883 billion in value
Indian mutual funds have an exposure of Rs 1,699 crore (on an AMC level) to Nvidia. Some of the top fund houses with exposure to the chip maker's stock include Motilal Oswal, Mirae, Franklin, Kotak an
Shares of Nvidia rose 16 per cent after its result, adding $277 billion in market cap to $1.96 trillion, making it the third-most valuable company in the US ahead of Amazon
It's shown investors that the buzz around generative artificial intelligence is translating into real revenue, at least for Nvidia and its most essential suppliers
The milestone followed another bumper revenue forecast from the chip designer that drove up its market value by $277 billion on Thursday - Wall Street's largest one-day gain on record
Nvidia shares surged after it reported blowout results that cemented Wall Street bets on the potential for its artificial intelligence technologies
The shares jumped about 13% in premarket trading on Thursday following the announcement. They earlier closed at $674.72 in New York, leaving them up 36% for the year
The new network card is similar to Nvidia's ConnectX-7 card, which the chip developer sells alongside its graphic processor units (GPUs), the report added
The market data shows that the Nvidia's shares have rallied over 250 per cent in the last one year
The biggest winners include Huang and Mark Zuckerberg, whose Meta Platforms is the second-best performer on the S&P 500 Index after Nvidia for the second year in a row
The chip giant's shares have surged 46% this year and added about $560 billion in market value as of Monday, when they closed at a record around $722
The last time Nvidia was more valuable than Amazon was in 2002, when they were each worth under $6 billion
He said that fears about the dangers of AI are overblown, noting that other new technologies and industries such as cars and aviation have been successfully regulated