The Rise of Nvidia as an AI Powerhouse

The Rise of Nvidia as an AI Powerhouse



Nvidia, a technology company founded in 1993 by engineers Jensen Huang, Chris Malachowsky, and Curtis Priem over a conversation at a Denny’s in San Jose, has surged in value to over $3.2 billion this week. The company’s success as a chipmaker has been fueled by its dominance in artificial intelligence, with CEO Huang calling it “the next industrial revolution.”

In a recent conference call, Huang predicted the rise of “AI factories” using Nvidia chips and highlighted the increasing speed and capabilities of AI models. The company’s invention of the GPU in 1999 revolutionized computer graphics and played a key role in NVIDIA’s success in the field of artificial intelligence.

AI chips design is crucial for faster and more efficient performance in artificial intelligence tasks, outpacing general-purpose chips like CPUs. Nvidia’s early investment in AI technology has paid off, with the company now at the forefront of the industry’s growth.

Nvidia’s revenue is expected to more than double by 2025, reaching $119.9 billion. Analysts predict a continued exponential growth pattern for the company in the coming years, making it an exciting time to be an AI engineer.

Article Source
https://abcnews.go.com/amp/Technology/wireStory/nvidia-ai-giant-111296154