What Nvidia does and why it is the most valuable company in the world thanks to Artificial Intelligence
Nvidia is the world's most valuable AI company ,
valued at $3.34 trillion on the New York Stock Exchange. Microsoft and Apple follow with $3.31 trillion and $3.284
trillion , respectively. But what exactly is Nvidia doing in the
AI field to make it so
valuable?
For ChatGPT to work, it needs processors specifically
designed for artificial intelligence, developed by Nvidia. The
popularity of OpenAI's chatbot, AI applications and the growing demand for
hardware has made the company led by Jensen Huang a leader in the supply of
processors for AI.
According to The Wall Street Journal, Nvidia currently holds between 70% and 90% of the market share in this industry, and its profits are expected to increase by 400% in 2023 compared to the previous year.
Nvidia processors are essential for advanced applications
from technology companies such as Google, Microsoft and OpenAI. These
companies, despite competing in the field of artificial intelligence, have
highlighted NVIDIA as a key ally.
What Nvidia does?
Nvidia provides the hardware for companies like Google,
Microsoft and OpenAI to embed AI-powered features into their programs or
applications. Huang recently handed over the world's first AI
supercomputer to OpenAI executives Sam Altman and Greg Brockman. It's called
the DGX H200.
According to the processor company, it is “the only AI
supercomputer that offers a huge memory space” , which means that it
can store a huge amount of data. This allows AI systems like ChatGPT to respond
to user requests more quickly and efficiently.
With this supercomputer, OpenAI will also be able to
build large language models in weeks instead of months.
When Nvidia was ranked the world's second most valuable
company, its CEO, Jensen Huang, was in Taipei, Taiwan, presenting the company's
latest developments.
Huang revealed that Nvidia was developing Rubin AI, a new
architecture for artificial intelligence systems that would be launched in
2026. This platform is designed to meet the computing processing
demands of small businesses and home users.
An architecture for AI systems encompasses both software and
hardware, and focuses on improving the performance, efficiency, and capability
of AI systems.
This includes the development of advanced algorithms, the
design of optimized neural networks, the use of specialized processors such as
GPUs, and the implementation of techniques for the efficient handling of large
volumes of data.
Who is the CEO of Nvidia?
Jensen Huang is the CEO of Nvidia. His leadership and constant participation in public events could be one of the factors in the company's positioning.
In a 2023 survey of CEO approval by Blind, Jensen Huang had
the highest approval rating. Nearly all verified Nvidia professionals on Blind
(96%) approved of his performance as CEO. Blind is a social network for
professionals that conducted this survey anonymously among employees at 104
tech companies.
This includes the development of advanced algorithms, the design of optimized neural networks, the use of specialized processors such as GPUs, and the implementation of techniques for the efficient handling of large volumes of data.
Who is the CEO of Nvidia?
Jensen Huang is the CEO of Nvidia. His
leadership and constant participation in public events could be one of the
factors in the company's positioning.
In a 2023 survey of CEO approval by Blind, Jensen Huang had
the highest approval rating. Nearly all verified Nvidia professionals on Blind
(96%) approved of his performance as CEO. Blind is a social network for
professionals that conducted this survey anonymously among employees at 104
tech companies.
