amd AI chip – pressnews

AMD CEO Debuts Nvidia Chip Rival, Gives Eye-Popping Forecast

7Dec

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Technology

AMD CEO Debuts Nvidia Chip Rival, Gives Eye-Popping Forecast

[ad_1] Advanced Micro Devices Inc., taking aim at a burgeoning market dominated by Nvidia Corp., unveiled new so-called accelerator chips that it said will be able to run artificial intelligence software faster than rival products. The company introduced a long-anticipated lineup called the MI300 at an event Wednesday held in San Jose, California. Chief Executive Officer Lisa Su also gave an eye-popping forecast for the size of the AI chip industry, saying it could climb to more than $400 billion in the next four years. That's more than twice as high as a projection AMD gave in August, showing how rapidly expectations are changing for AI hardware. The launch is one of the most important in AMD's five-decade history, setting up a showdown with Nvidia in the red-hot market for AI acceler...

AMD’s AI chips could match Nvidia’s offerings, software firm says

[ad_1] Artificial intelligence chips from Advanced Micro Devices are about 80% as fast as those from Nvidia Corp, with a future path to matching their performance, according to a Friday report by an AI software firm.Nvidia dominates the market for the powerful chips that are used to create ChatGPT and other AI services that have swept through the technology industry in recent months. The popularity of those services has pushed Nvidia's value past $1 trillion and led to a shortage of its chips that the Nvidia says it is working to resolve. But in the meantime, tech companies are looking for alternatives, with hopes that AMD will be a strong challenger. That prompted MosaicML, an AI startup acquired for $1.3 billion earlier this week, to conduct a test comparing between AI chips from AMD ...

AI chip race heats up as AMD unveils rival to Nvidia-world’s most advanced accelerator for GAI

[ad_1] Advanced Micro Devices has revealed a new artificial intelligence chip in its race to compete with rival chipmaker Nvidia in supplying the foundation for a boom in AI-fueled business tools.The semiconductor company, based in Santa Clara, California, described its new MI300X chip as “the world's most advanced accelerator for generative AI.” It's expected to attract interest from big cloud providers such as Amazon or Microsoft, but AMD hasn't specified which cloud provider might use it. CFRA senior equity analyst Angelo Zino predicted this month that that AMD's MI300 processor “will see significant interest from cloud providers and vie with NVIDIA's Grace Hopper Superchip.” “AMD's stronger partnership with Microsoft should also drive upside, as it is reportedly cited to be developi...