Nvidia set to reveal new AI technologies very soon
By MYBRANDBOOK
Nvidia Corp Chief Executive Jensen Huang is expected to announce new artificial intelligence chips and technologies at the company's annual conference for software developers. Analysts will be watching for the Santa Clara, California-based company to give more details about how it plans to widen accessibility to processing power like that used to develop fast-rising technologies such as the chatbot ChatGPT.
Huang told investors last month that it would launch its own cloud computing service to offer more readily available access to large systems built with its chips.
Nvidia has come to dominate the field for selling chips that are used to develop generative AI technologies. These new technologies rely on the use of thousands of Nvidia chips to train the AI systems on huge troves of data.
Microsoft Corp, for example, built a system with more than 10,000 Nvidia chips for startup company OpenAI for use in developing the technologies that underpin its wildly popular ChatGPT.
Nvidia faces stiff competition in the AI chip market from AMD and several startup companies. Despite that the company has more than 80% of the market for chips used in training AI systems.
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