Nvidia unveils powerful chip in push to extend dominance of AI market

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      Source: Financial Times

      Nvidia showcases its latest chips at a major event dubbed the ‘AI Woodstock’, featuring CEO Jensen Huang alongside prominent figures in the tech industry, held in a crowded arena in San Jose.

      Overview: Nvidia has launched its latest artificial intelligence chips, boasting significantly enhanced computing power compared to its previous models, as it aims to further dominate the expanding AI industry. CEO Jensen Huang presented the Blackwell graphics processing units (GPUs), which feature 208bn transistors, double the power for training AI models and five times the capability for “inference”. The announcement, made at Nvidia’s annual developer conference in San Jose, underscored the company’s prominence in the AI sphere. Despite high anticipation, the market’s response was subdued, reflecting uncertainties over Nvidia’s sustained growth amidst increasing competition in the AI chip sector.

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