Nvidia unveils new technology to speed up AI, launches new supercomputer
$NIO Inc (NIO.US)$ has announced new chips and technologies that it said will boost the computing speed of increasingly complicated artificial intelligence algorithms, stepping up competition against rival chipmakers vying for lucrative data center business.
The company provided details of new graphic chips (GPU) that will be at the core of AI infrastructure, releasing the H100 chip and a new processor chip called the Grace CPU Superchip, based on British chip firm Arm Ltd’s technology. It’s the first Arm-based chip from Nvidia to be unveiled since its deal to buy Arm fell apart last month.
$NVIDIA (NVDA.US)$ has started shipping its autonomous vehicle computer "Drive Orin" this month and Chinese electric vehicle maker $BYD Company Limited (002594.SZ)$ and luxury electric car maker $Lucid Group (LCID.US)$ will be using Nvidia Drive for their next generation fleets, he said.
Danny Shapiro, Nvidia’s vice president for automotive, said there was $11 billion worth of automotive business in the "pipeline" in the next six years, up from $8 billion that it forecast last year. The growth in anticipated revenue will come from hardware and from increased, recurring revenue from Nvidia software, said Shapiro.
$NVIDIA (NVDA.US)$ shares closed down 0.8% at $265.24 on the Nasdaq.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
