Nvidia announces new AI chips months soon after most up-to-date launch as current market levels of competition heats up

Nvidia announces new AI chips months soon after most up-to-date launch as current market levels of competition heats up


Jensen Huang, co-founder and main executive officer of Nvidia Corp., during the Nvidia GPU Engineering Meeting (GTC) in San Jose, California, US, on Tuesday, March 19, 2024. 

David Paul Morris | Bloomberg | Getty Visuals

Nvidia on Sunday unveiled its future generation of synthetic intelligence chips to be successful the past product, which was announced just months previously in March.

Nvidia CEO Jensen Huang announced the new AI chip architecture, dubbed “Rubin,” in advance of the COMPUTEX tech meeting in Taipei.

Rubin will come months just after the March announcement of the upcoming “Blackwell” model, which is however in production and envisioned to ship to prospects afterwards in 2024.

Huang’s announcement of Rubin appears to quicken the firm’s currently-accelerated rate of AI chip development.

Nvidia has pledged to launch new AI chip products on a “one-12 months rhythm,” as Huang set it on Sunday. The company had previously been running on a slower two-year update timeline for chips.

The turnaround from Blackwell to Rubin was a subject of much less than 3 months, underscoring the aggressive frenzy in the AI chip market and Nvidia’s dash to protect its dominant spot.

AMD and Intel are two significant competitors functioning to catch up, although their gross margins trailed Nvidia’s in the most new fiscal quarter. Companies like Microsoft, Google and Amazon are also vying for Nvidia’s top rated location, even as they are at the same time some of Nvidia’s largest patrons. A flurry of startups are also doing work to enter the space.

“Currently, we’re at the cusp of a important change in computing,” Huang claimed Sunday. “With our innovations in AI and accelerated computing, we’re pushing the boundaries of what is attainable and driving the up coming wave of technological progression.”

The Rubin chip platform will have new GPUs, the crucial graphic processing technology that aids teach and launch AI methods. It will occur with other new characteristics like a central processor called “Vera,” while the Sunday announcement did not supply many aspects.

Shares of Nvidia have been fairly flat at Friday’s market place shut with shares investing at $1,096.



Source

Musk’s  trillion pay package renews focus on soaring CEO compensation
Technology

Musk’s $1 trillion pay package renews focus on soaring CEO compensation

Elon Musk’s pay package of up to $1 trillion highlights the continued escalation in CEO compensation, even as worker pay slows and rewards to shareholders remain mixed, according to several studies.   Already, Musk is the richest person on the planet with a net worth that tops $660 billion, according to Bloomberg. Musk saw his […]

Read More
Meta’s Reality Labs cuts sparked fears of a ‘VR winter’
Technology

Meta’s Reality Labs cuts sparked fears of a ‘VR winter’

Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, U.S., September 25, 2024. REUTERS/Manuel Orbegozo Manuel Orbegozo | Reuters Meta‘s deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses has chilled the industry, leading to concerns about its […]

Read More
Nvidia director Persis Drell resigns with  million worth of stock after decade on board
Technology

Nvidia director Persis Drell resigns with $26 million worth of stock after decade on board

Signage ahead of the Nvidia Live event at CES 2026 in Las Vegas, Jan. 5, 2026. Bridget Bennett | Bloomberg | Getty Images Nvidia director Persis Drell, an engineering professor at Stanford, resigned on Wednesday after just over a decade on the chipmaker’s board of directors, the company said in a filing with the SEC […]

Read More