NVIDIA GTC: New AI Chip Could Revolutionise Businesses
Having seen huge and rapid growth in recent months, Nvidia is showing no signs of slowing down.
The company has unveiled its new AI chip at its GTC event. B200, or the “Blackwell” chip, is set to be able to complete some tasks 30 times faster than its predecessor, with CEO Jensen Huang also sharing a wide range of new software tools at the conference.
Nvidia is currently the third-most valuable company in the US. This news comes in the midst of other significant announcements from NVIDIA with its Blackwell platform, which is set to help tech giants like AWS, Microsoft, Google, Meta, Dell Technologies and OpenAI accelerate their AI initiatives.
A steadfast commitment to advancing enterprise AI
Nvidia has experienced huge AI and generative AI (Gen AI) breakthroughs in recent months, with CEO and Founder Jensen Huang announcing in 2023 that the company expected to become the world’s first trillion-dollar semiconductor stock.
Currently, shares continue to spike and the company was valued at US$2tn in February 2024. During a time of massive digital demand, Nvidia has been committed to leading the charge in high-end chips, having released its H200 chip at the end of last year. This chip is designed to train AI models, helping businesses to supercharge their AI developments.
Hailed as a breakthrough in chip technology, the B200 chip allegedly has almost double the power of Nvidia’s H100 generation of chips - those that were used to train some of the most capable large language models (LLMs) worldwide.
Nvidia’s major customers, including Amazon, Google, Microsoft and OpenAI, are expected to use the new chip in cloud-computing services and their own AI developments. Specifically, the company has also announced notable partnerships with large technology corporations, including with Google Cloud to better accelerate AI developments, as well as SAP to improve enterprise AI adoption.
The company is also launching a new line of chips for chatbots inside vehicles, which includes leading Chinese electric vehicle (EV) manufacturers BYD and Xpeng using its new chips.
Both EV companies are heavily invested in expansion efforts to boost their internal AI measures, working on technology like voice assistant initiatives to improve customer experience.
Other announcements from the company included Jensen Huang introducing a new series of chips specifically for creating humanoid robots. In his keynote address at GTC, several of the robots joined him on stage to demonstrate that they will be designed to understand natural language and emulate movements by observing human actions.
“Gen AI is the defining technology of our time,” Jensen Huang said at the conference. “Blackwell GPUs are the engine to power this new industrial revolution. Working with the most dynamic companies in the world, we will realise the promise of AI for every industry.”
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