• Thursday • February 15, 2024

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    Business Insider

    Nvidia is now worth more than Alphabet and Amazon

    Nvidia Passed Google Owner Alphabet to Become America’s Third Most Valuable Company on Wednesday

    Nvidia is now worth more than its Big Tech rivals Alphabet and Amazon — as well as the entirety of China’s stock market. The chipmaker’s market capitalization passed Amazon’s on Tuesday and Alphabet’s on Wednesday to stand at $1.83 trillion at Wednesday’s closing bell.

    Nvidia has AI to thank for its stock surging more than 400% since the start of 2023. It holds a dominant share of the market for the graphics processing units (GPUs) that power large language models like ChatGPT, so stock pickers have long heralded it as a potential winner from the massive explosion of interest in the tech.

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  • Friday • October 6, 2023

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    Reuters

    OpenAI explores making its own AI chips

    ChatGPT’s Owner Has Even Evaluated Potential Acquisition Target

    “Options have included building its own AI chip, working more closely with other chipmakers including Nvidia and also diversifying its suppliers beyond Nvidia (NVDA.O).

    CEO Sam Altman has made the acquisition of more AI chips a top priority for the company.
    He has publicly complained about the scarcity of graphics processing units, a market dominated by Nvidia, which controls more than 80% of the global market for the chips best suited to run AI applications.”

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  • Friday • October 6, 2023

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    The Information

    Microsoft to Debut AI Chip

    The Move Could Help Microsoft Lessen Its Reliance on Nvidia-Designed AI Chips,

    Small groups of Microsoft and OpenAI employees have been testing the Microsoft AI server chips, this person said.
    The Information in April reported the existence of the chip, code-named Athena, though it isn’t clear what its formal name will be when it is announced at the Ignite conference in Seattle, which starts November 14.

    By launching Athena, Microsoft will essentially catch up to Amazon and Google, which already sell their own in-house AI server chips, as well as Nvidia GPUs, to companies that rent cloud servers.”

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