Nvidia, the US chipmaker, is betting that generative artificial intelligence will drive a new wave of industrial revolution and plans to increase the company's AI accelerator every year.
In a speech at National Taiwan University on Sunday, Nvidia CEO Jen-Hsun Huang said the rise of generative artificial intelligence will drive a new wave of industrial revolution, and the company expects to play a major role in the transition of this technology to personal computers.
He announced that the company would launch its Blackwell Ultra chip next year and its next-generation generative AI platform, called Rubin, the year after.
As the amount of data to be processed explodes, traditional computing methods can no longer keep pace, and savings can only come from using the company's accelerated computing methods, Huang said.
Nvidia is at the centre of the AI boom, with its revenue more than tripling to US $26 billion in the fiscal first quarter of this year.
On January 7th local time, GameStop (GME.US) announced that the company's board of directors had approved a potential executive compensation package worth $3.54 billion, which was targeted at the company's CEO, Ryan Cohen. At the same time, this new compensation package set extremely high performance thresholds: Cohen, the CEO, needed to increase the company's market capitalization from $9.5 billion to $100 billion.
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