Nvidia bets on AI inference as chip revenue opportunity hits $1 trillion

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Nvidia said the revenue opportunity for its ​artificial intelligence chips may reach at least $1 trillion through 2027, as the company outlined a strategy to compete more aggressively in the fast-growing market for running AI systems in real time.

CEO Jensen Huang unveiled a new central processor and an AI system built on technology from Groq – a chip startup from which Nvidia licensed technology for $17 billion in December at its annual GTC developer conference in ‌San Jose, California.

The moves are ⁠part of ⁠Huang’s bid to firm up the…



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Nvidia bets on AI inference as chip revenue opportunity hits $1 trillion



Nvidia said the revenue opportunity for its ​artificial intelligence chips may reach at least $1 trillion through 2027, as the company outlined a strategy to compete more aggressively in the fast-growing market for running AI systems in real time.

CEO Jensen Huang unveiled a new central processor and an AI system built on technology from Groq – a chip startup from which Nvidia licensed technology for $17 billion in December at its annual GTC developer conference in ‌San Jose, California.

The moves are ⁠part of ⁠Huang’s bid to firm up the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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