Tag: nvidia

EU ‘enforcer’ visits Twitter, Meta as new rules loom
23Jun By adminNo Comments
Technology

EU ‘enforcer’ visits Twitter, Meta as new rules loom

[ad_1] The EU commissioner in charge of enforcing Europe's new landmark rules on online content is heading to San Francisco on Thursday to ensure that the big platforms are ready.The two-day visit by Thierry Breton comes just weeks before the European Union's Digital Service Act (DSA) comes into full force for the world's biggest platforms, including Facebook and Instagram, both owned by Meta, as well as TikTok and Twitter. Breton will meet with Meta's Mark Zuckerberg and Twitter owner Elon Musk, who took over the highly influential platform late last year. All eyes are on Musk, who since taking ownership of Twitter has, sometimes abruptly, modified many rules about what language is allowed on the site, even if it is found offensive or delivers hate and misinformation -- in direct oppos...
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Inside China’s underground market for high-end Nvidia AI chips
20Jun By adminNo Comments
Technology

Inside China’s underground market for high-end Nvidia AI chips

[ad_1] Psst! Where can a Chinese buyer purchase top-end Nvidia AI chips in the wake of U.S. sanctions? Visiting the famed Huaqiangbei electronics area in the southern Chinese city of Shenzhen is a good bet - in particular, the SEG Plaza skyscraper whose first 10 floors are crammed with shops selling everything from camera parts to drones. The chips are not advertised but asking discreetly works. They don't come cheap. Two vendors there, who spoke with Reuters in person on condition of anonymity, said they could provide small numbers of A100 artificial intelligence chips made by the U.S. chip designer, pricing them at $20,000 a piece - double the usual price. While buying or selling high-end U.S. chips is not illegal in China, U.S. export restrictions have created a de facto undergroun...
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ChatGPT to Fuel $1.3 Trillion AI Market by 2032, New Report Says
3Jun By adminNo Comments
Technology

ChatGPT to Fuel $1.3 Trillion AI Market by 2032, New Report Says

[ad_1] The release of consumer-focused artificial intelligence tools such as ChatGPT and Google's Bard is set to fuel a decade-long boom that grows the market for generative AI to an estimated $1.3 trillion in revenue by 2032 from $40 billion last year.The sector could expand at a rate of 42% over ten years — driven first by the demand for infrastructure necessary to train AI systems and then the ensuing devices that use AI models, advertising and other services, according to a new report by Bloomberg Intelligence analysts led by Mandeep Singh. “The world is poised to see an explosion of growth in the generative AI sector over the next ten years that promises to fundamentally change the way the technology sector operates,” Singh said in a statement Thursday. “The technology is set to be...
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AI chips are hot. Here’s what they’re for and why investors see gold
2Jun By adminNo Comments
Technology

AI chips are hot. Here’s what they’re for and why investors see gold

[ad_1] The hottest thing in technology is an unprepossessing sliver of silicon closely related to the chips that power video game graphics. It's an artificial intelligence chip, designed specifically to make building AI systems such as ChatGPT faster and cheaper.Such chips have suddenly taken center stage in what some experts consider an AI revolution that could reshape the technology sector — and possibly the world along with it. Shares of Nvidia, the leading designer of AI chips, rocketed up almost 25% last Thursday after the company forecast a huge jump in revenue that analysts said indicated soaring sales of its products. The company was briefly worth 80 billion transistors — about 13 million more than Apple's latest high-end processor for its MacBook Pro laptop. Unsurprisingly, thi...
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Nvidia’s CEO Plans Trip to Meet China Executives Despite US Curbs
1Jun By adminNo Comments
Technology

Nvidia’s CEO Plans Trip to Meet China Executives Despite US Curbs

[ad_1] Nvidia Corp. Chief Executive Officer Jensen Huang is heading to China to meet with tech executives in the world's biggest chip market, despite rising tensions between Washington and Beijing, according to people familiar with the matter.Huang, who headlined a trade show in Taiwan this week, plans to travel to China for the first time in years in June, said the people, who asked not to be identified because his schedule is private. Companies on his itinerary include gaming leader Tencent Holdings Ltd. and TikTok-owner ByteDance Ltd., one of the people said. Nvidia is emerging as a critical player in the booming field of artificial intelligence, but its position in China has been complicated by geopolitics. US sanctions unveiled by the Biden administration last year prevent the semi...
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5 things about AI you may have missed today: China warns of AI risks, Elon Musk as Indian groom and more
31May By adminNo Comments
Technology

5 things about AI you may have missed today: China warns of AI risks, Elon Musk as Indian groom and more

[ad_1] The field of artificial intelligence is one of huge extremes. While on one end, companies like Google and Microsoft are rolling out AI products virtually every day, on the other hand, major protests are taking place that want the rise of AI to be halted. And these protests include major AI researchers including the father of AI Geoffrey Hinton and the man that started the AI craze, the founder and CEO of OpenAI Sam Altman. In a development to the protests, today China also called for security measures against AI, highlighting its risks. In a separate, lighter vein, a digital artist used AI to reimagine Elon Musk as an Indian groom. This and more in our daily AI roundup. Let us take a look.China warns of AI risksThe ruling party of China, the Chinese Communist Party, called for ma...
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Computex 2023: Intel cedes spotlight at global tech gala to AI darling Nvidia
31May By adminNo Comments
Technology

Computex 2023: Intel cedes spotlight at global tech gala to AI darling Nvidia

[ad_1] When Asia's biggest computing and electronics show kicked off this week, one name was conspicuously absent: Intel Corp. The US chipmaker does not have an official presence at this year's Computex exhibition, an event it once dominated through keynote speeches and an outsized footprint on the show floor. The 2023 edition opened instead with a marathon two-hour showcase by Nvidia Corp. Chief Executive Officer Jensen Huang, a day before it became the first $1 trillion chipmaker in anticipation of a wave of demand for its artificial intelligence processors.Intel, long synonymous with the fastest processors in the world, has seen its all-purpose chips overshadowed by Nvidia's more specialized, parallel-processing architecture that's superior at speeding up AI workloads. Intel rivals t...
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What is Nvidia’s role in the AI boom and why are its shares soaring?
31May By adminNo Comments
Technology

What is Nvidia’s role in the AI boom and why are its shares soaring?

[ad_1]  Nvidia Corp soared to a trillion-dollar market value on Tuesday as shares continued to surge after a bumper earnings report that forced Wall Street to reassess the potential windfall for the chipmaker from an artificial intelligence boom.Here's an explainer on Nvidia and its role in AI boom.HOW BIG IS NVIDIA IN TERMS OF MARKET VALUE? Nvidia's $1 trillion valuation makes it the fifth most valuable U.S. company behind Apple, Microsoft, Alphabet and Amazon. FROM GAMING TO AI: NVIDIA'S FOCUS SHIFTNvidia, known for its chips used in videogames, pivoted to the data center market over the last few years.The company's business rapidly expanded during the pandemic when gaming took off, cloud adoption surged and crypto enthusiasts turned to its chips for mining coins.Data center chip busi...
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Computex 2023: From NVIDIA AI Supercomputer to MSI laptops, check highlights
30May By adminNo Comments
Technology

Computex 2023: From NVIDIA AI Supercomputer to MSI laptops, check highlights

[ad_1] Computex 2023, one of the world's largest computer and technology expos, kicked off today, May 30. After a three-year online-only show, the event is back to its in-person format this time around. Taking place in Taipei, Taiwan, the technology show will see several PC and technology-related announcements. Moreover, AI-powered services are also expected to be announced. On the first day, NVIDIA announced its newest supercomputer while MSI and Acer announced their latest range of laptops.Check out the top 5 announcements on Day 1 of Computex 2023. 1. NVIDIA announces supercomputerNvidia has announced a new AI supercomputer called DGX GH200. The latest offering by Nvidia connects 256 of its Grace Hopper Superchips, which was first announced in March 2022. It packs together a 144TB GP...
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“I have just turned everyone into a programmer,” says Nvidia CEO Jensen Huang
30May By adminNo Comments
Technology

“I have just turned everyone into a programmer,” says Nvidia CEO Jensen Huang

[ad_1] Jensen Huang, chief executive officer of chip phenom Nvidia Corp., is getting the kind of treatment usually reserved for celebrities and sports stars during a trip to Taiwan.The 60-year-old was followed around a local night market as he picked up food over the weekend, and has been mobbed constantly by fans and media as he walked the hallways at the Computex trade show. On Tuesday, dozens of people crowded in next to him for selfies, while photographers tried to get clear shots. The day marked Huang's fifth public appearance in seven days, this time for a roundable where he fielded questions on topics from artificial-intelligence regulation to how the technology would be used in places like China. Huang made the case that AI will spill over the boundaries of the tech industry int...
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