Firms and individuals should familiarise themselves with artificial intelligence or risk losing out, Jensen Huang said.
Browsing: Jensen Huang
Nvidia is looking to further capitalise on a frenzy that has made the company the world’s most valuable chip maker.
Nearly lost in the euphoria that Nvidia set in motion this week was a warning that not all are going to join in the AI feast.
Some analysts said Nvidia’s results show that the generative AI boom could be the next big driver of growth.
Nvidia’s market value surged by $200-billion to more than $960-billion on the back of AI-fuelled blowout results.
Nvidia has showcased the technology it hopes will fuel the next wave of AI breakthroughs.
Nvidia forecast revenue above Wall Street estimates as its CEO said use of its chips to power AI) services like chatbots had “gone through the roof in the last 60 days”.
Nvidia on Tuesday announced new flagship chips for video gamers that use artificial intelligence to enhance graphics.
Graphics chip designer Nvidia forecast a sharp drop in revenue in the current quarter on the back of a weaker gaming industry.
Nvidia warned its second quarter revenue would drop by 19% on weakness in its gaming business, sending the chip designer’s shares tumbling.