{"id":15270,"date":"2023-05-29T11:23:52","date_gmt":"2023-05-29T15:23:52","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/wall-street-tech-darling-nvidia-unveils-more-ai-products-including-a-new-supercomputer\/"},"modified":"2023-05-29T11:23:53","modified_gmt":"2023-05-29T15:23:53","slug":"wall-street-tech-darling-nvidia-unveils-more-ai-products-including-a-new-supercomputer","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=15270","title":{"rendered":"Wall Street tech darling Nvidia unveils more AI products \u2014 including a new supercomputer"},"content":{"rendered":"
\n

Wall Street clearly hasn\u2019t seen anything yet. <\/p>\n

Nvidia Corp., the chip manufacturer that investors can\u2019t seem to get enough of, announced a flurry of dazzling AI-related products over the weekend, including a new supercomputer, alongside plans to make online gaming figures come alive. <\/p>\n

\n

\u201cWe\u2019re now at the tipping point of a new computing era with accelerated computing and AI that\u2019s been embraced by almost every computing and cloud company in the world,\u201d Jensen Huang, the founder and CEO of Nvidia, said in a keynote address delivered Monday at the Computex expo in Taipai, according to a blog post on the company\u2019s website. <\/p>\n

<\/p>\n
\n

\n \u201c<\/span>\u2018It will give nonplayable characters conversational skills so they can respond to questions with lifelike personalities that evolve.\u2019 \u201d<\/span>\n <\/p>\n


\n \u2014 CEO Jensen Huang on the new Nvidia Avatar Cloud Engine for games <\/span>
\n <\/small><\/p><\/div>\n<\/p><\/div>\n

Last week, Sunnyvale, Calif.\u2013based Nvidia
\n NVDA,
\n +2.54%<\/bg-quote>
\n blew away investors with earnings and a forecast for a big leap in revenue, thanks to a booming business in AI-related chips, with shares closing at a record high of $389 a share on Friday. <\/p>\n

Opinion:\u00a0<\/strong>Did Nvidia just help create an AI-fueled stock bubble?<\/p>\n

At the top of a laundry list of high-tech items, the Taiwan-born Huang unveiled the DGX GH200, a large memory AI supercomputer platform, used to help developers build big language models for AI chatbots; complex algorithms for recommendation systems, which use so-called big data to recommend products to consumers; and graph neural networks for fraud detection and data analytics.<\/p>\n

The company said Alphabet
\n GOOGL,
\n +0.92%<\/bg-quote><\/p>\n

GOOG,
\n +0.87%<\/bg-quote>
\n unit Google, Facebook and Instagram parent Meta Platforms
\n META,
\n +3.70%<\/bg-quote>
\n and Microsoft
\n MSFT,
\n +2.14%<\/bg-quote>
\n will likely be the first to deploy the DGX GH200, \u201cwhich can be used as a blueprint for future hyperscale generative AI infrastructure.\u201d <\/p>\n

Nvidia is also building its own massive AI supercomputer, called Nvidia Helios, which is set to come online this year and use four DGX GH200 systems to supercharge data for training big AI models, said Huang.<\/p>\n

Read:<\/strong> Nvidia CEO tells graduates: Take advantage of AI or get left behind<\/p>\n

And more than 400 systems configurations will be coming to the market powered by the company\u2019s so-called Hopper, Grace, Ada Lovelace and Bluefield CPU (central processing unit) and GPU (graphic processing units) architectures, Huang announced. On the cloud front, he offered Nvidia Spectrum-X, a networking platform aimed at turbocharging cloud networks that\u2019s already available from Dell Technologies
\n DELL,
\n +0.89%<\/bg-quote>,<\/span>
\n Lenovo
\n 992,
\n +3.92%<\/bg-quote>
\n and Supermicro.<\/p>\n

On the gaming front, Huang rolled out the Nvidia Avatar Cloud Engine for games, a foundry services that developers can use to build and deploy custom AI models for speech, conversation and animation. \u201cIt will give nonplayable characters conversational skills so they can respond to questions with lifelike personalities that evolve,\u201d he said. <\/p>\n

A deal with U.K.-based advertising holding company WPP
\n WPP,
\n +1.20%<\/bg-quote><\/p>\n

WPP,
\n +0.83%<\/bg-quote>
\n to develop a content engine that uses generative artificial intelligence for digital advertising was also unveiled by Huang. \u201cToday ads are retrieved, but in the future when you engage information much of it will be generated \u2014 the computing model has changed,\u201d he said.<\/p>\n

Huang also pointed out how the $46 trillion manufacturing sector was beginning to make use of AI. Electronics makers such as Foxconn Industrial Internet
\n 601138,
\n +6.61%<\/bg-quote>,<\/span>
\n InnoDisk
\n 5289,
\n -2.25%<\/bg-quote>,<\/span>
\n Pegatron
\n 4938,
\n +0.27%<\/bg-quote>
\n and Wistron
\n 3231,
\n +4.62%<\/bg-quote>
\n are \u201cforging digital workflows\u201d with Nvidia technologies to move toward digital smart factories, the Nvidia CEO said.<\/p>\n

\u201cThe world\u2019s largest industries make physical things,\u201d Huang observed. \u201cBuilding them digitally first can save billions.\u201d<\/p>\n

Read on:<\/strong> Nvidia barrels toward rare $1 trillion valuation after putting a dollar figure on AI boost<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Wall Street clearly hasn\u2019t seen anything yet. Nvidia Corp., the chip manufacturer that investors can\u2019t seem to get enough of, announced a flurry of dazzling AI-related products over the weekend, including a new supercomputer, alongside plans to make online gaming figures come alive. \u201cWe\u2019re now at the tipping point of a new computing era with […]<\/p>\n","protected":false},"author":1,"featured_media":15271,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-15270","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nWall Street tech darling Nvidia unveils more AI products \u2014 including a new supercomputer | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Wall Street clearly hasn\u2019t seen anything yet. 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