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Home»News»Business»Marketing»Nvidia is the big winner of the artificial intelligence boom

Nvidia is the big winner of the artificial intelligence boom

Aurora WritesBy Aurora WritesFebruary 23, 2023No Comments2 Mins Read
Nvidia is the big winner of the artificial intelligence boom
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Artificial intelligence is here to stay, there is no doubt about that. And, with it, companies that will be the new big winners of this Internet age.

Let’s break it down: As AI becomes ever more sophisticated, companies around the world are scrambling to develop the next generation of chips to help train chatbots and other artificial intelligence systems.

These chips are designed to process large amounts of data quickly and efficiently, allowing chatbots to learn from their interactions with humans and become “smarter.”

One of the leading firms in this area is nvidiaa California-based technology company that specializes in graphics processing units (GPUs) and advanced computing hardware.

Nvidia GPUs are used by many of the world’s largest companies to power their artificial intelligence systems, including chatbots and virtual assistants.

Nvidia is the big winner of this era because its chips are designed precisely for AI and machine learning applications. The thing is their characteristics allow them to process large amounts of data quickly and accurately.

In addition to Nvidia, there are other companies involved in developing chips for AI and chatbots, such as Intel and IBM, as well as smaller ones such as Graphcore and Cerebras.

Nvidia, artificial intelligence and a takeoff that waited for years

The news regarding Nvidia and these chips comes from Wall Street, as the company’s shares soared nearly 10 percent as the firm forecast much higher-than-expected revenue.

The cause: the use of its chips to power artificial intelligence services such as chatbots has grown exponentially in the last two months.

Read:  It is not artificial intelligence: a man imitates the characters of GTA and the result is cult

nvdiaas we said before, is the world’s largest provider of chips used in data centers to train AI and is Microsoft’s key hardware supplier, which is creating a new search engine based on chat.

US stock market analysts believe that Nvidia, more than any other company, is in the best position to benefit from this “boom” since it commands about 80 percent of the market for graphics card units, or GPU, used to speed up the work of the AI.

Now read:

Government of Venezuela spreads its “economic improvements” with propaganda made with AI

OpenAI and Microsoft plan to improve their chatbots over accusations of being offensive

Survey: 8 in 10 think AI-written articles are a bad thing

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