The race for Artificial Intelligence (AI) has led to a rush for Nvidia’s H100 chips recently. This frenzy not only had a positive impact on its stock market value, but also propelled its fourth quarter 2023 results beyond expectations. Corporate moguls are therefore thinking big, even considering an alliance with Google to conquer the market for AI computers.
Nvidia and Google will revolutionize AI
The latest news leaves no doubt: the American giant of processors and graphics cards is booming. With a increasing market capitalizationgoing from $950 billion at the end of October 2023 to 1.7 trillion dollars At the beginning of February 2024, Nvidia attracts all eyes. Analysts are even predicting an imminent explosion that could shake the global financial ecosystem.
But what is the key to this success? The frantic race towards artificial intelligence seems to be the driving force behind this revolution.
NVIDIA and Google join forces to launch Gemmaa series of optimized templates that allow users to develop large language models using only a desktop RTX GPU, can we read on the company blog.
The two companies have worked closely to accelerate the performance of Gemma, built from the same technology as Gemini models. Thanks to NVIDIA Tensor RT-LLMan open-source library, the inference of large language models is optimized when they run on NVIDIA GPUswhether in data centers, the cloud or PCs equipped with RTX GPUs.
This initiative allows developers to target the 100+ million NVIDIA RTX GPUs installed in high-performance PCs around the world. Additionally, Gemma can also be running on Google Cloud A3 instancesbased on the Tensor Core H100 GPU, and soon on NVIDIA Tensor Core H200 GPUsequipped with 141 GB of HBM3e memory at 4.8 terabytes per second, which will be deployed by Google this year.
Enterprise developers also benefit from NVIDIA’s ecosystem of tools, including NVIDIA AI Enterprise with the NeMo framework and Tensor RT-LLM, to refine Gemma and deploy it in their production applications.
Nvidia, the saga of dazzling success
Nvidia, giant of chips dedicated to artificial intelligenceriding the craze for generative AI, multiplying its profits by six in one year, reaching nearly 30 billion dollarsreports Le Figaro.
A record year for Nvidia which closes the 2023 financial year with spectacular results: a turnover of 22 billion dollars And net profits of 12.3 billion, well above market expectations. The craze for generative AI is propelling interest in these electronic components, with forecasts of $24 billion in revenue for the current quarter.
Nvidia processors, initially intended for video games, are now essential to generative AI developers like OpenAI and Google, thus propelling Nvidia among the world’s largest capitalizations.
Maximize your Tremplin.io experience with our ‘Read to Earn’ program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
