Artificial intelligence (AI) might sound like a new concept, but it’s actually quite old. Scientists and mathematicians in the U.S. have been exploring various AI concepts and theories since the 1940s. However, it was in February 1996 that the relationship between AI and humans changed significantly. One of the first AI computers, Deep Blue, defeated a world champion in a chess match. This event marked a significant milestone in the development of AI.
The ultimate winner of the AI race might not be OpenAI, Google or Microsoft, but actually NVIDIA. In the last 18 months, NVIDIA’s market capitalisation has skyrocketed almost 10 times, from USD 280 billion to USD 3.012 trillion, making it the second most valuable company ahead of Google and Apple. The reason for its dominance is its GPUs, which power 88 per cent of the world’s AI infrastructure. Whether it’s ChatGPT or Gemini, all these AI models rely on NVIDIA GPUs for training and usage.
OpenAI uses 10,000 NVIDIA A100 GPUs to train GPT 4, and NVIDIA’s next-gen H100 GPUs are even more powerful. Meta plans to purchase 350,000 of these GPUs for an astonishing USD 9 billion, and Meta is just one company. Other big and small companies, including OpenAI, Google, Amazon, and even Apple, are in the race. What makes NVIDIA GPUs so special? They introduced CUDA (Compute Unified Device Architecture) in 2006. This is a computing platform and programming model that transforms NVIDIA GPUs from serial to parallel computing.
To explain the difference, simply think of serial computing as a single boat taking limited passengers across a river in one go, whereas parallel computing uses multiple smaller boats to carry passengers simultaneously. This reduces the workload and increases efficiency. This parallel processing, needed to create lifelike graphics, is also ideal for deep learning, which is the backbone of artificial intelligence development.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
How To Invest In An Ageing Bull Market
Bull rallies (periods when stock prices rise) and bear declines (periods when stock prices fall) are natural parts of stock market cycles, but they don't follow a fixed timeline.
Should You Entrust All Your Money To A Single AMC?
If you are a market participant, you have probably heard the quote 'don't put all your eggs in one basket', which suggests diversification. Investors often focus on diversifying across categories like large-cap, mid-cap and small-cap, but they may unintentionally overlook diversification across different AMCs. The question arises: is AMC-wise diversification really necessary? Rakesh Deshmukh takes a closer look at this scenario
Wild Swings Engulf Global Equities
U.S. stock markets experienced significant volatility. An early-week rally pushed the markets to new highs, but this momentum faded, primarily due to weaknesses in the tech sector. The major indices had a mixed finish with, S&P 500 and Nasdaq closed lower, while the Dow recorded a notable gain.
U.S. Elections and China's Economy Hamper Commodities
Commodity markets experienced selling pressure in the last fortnight, driven by uncertainties surrounding the upcoming U.S. presidential elections, concerns about the Chinese economy, and increased agricultural production in Brazil.
Wealth Building For Retirement Through Mutual Funds
Retirement is one of the most crucial and lifechanging phases. It marks a period where maintaining your lifestyle becomes paramount even though your regular income stops.
Mastering Investment with Information Ratio
Information Ratio helps in navigating the complexities of the investment landscape by assessing an active fund manager's performance. And though it has its limitations, it remains an essential part of the finance industry. The article explains what Information Ratio is and how investors can use it as another tool
Plan To Be Financially Independent
Each of us aspires to be financially independent as it ensures having enough resources to be self-sufficient and control our finances.
❝Technology is the new game-changer"
With a new breed of young investors entering the financial markets, it is the use of technology that is increasingly playing a major role in how investments are done and tracked. Anand Radhakrishnan, Managing Director, Sundaram Mutual Fund, shares his opinion about how this factor is turning into a significant tool and how it will shape the strategies of his company
What If Donald Trumps?
The potential election of Donald Trump as president in the U.S. carries significant implications for the Indian equity market. It could lead to changes in the global trade dynamics, in particular affecting the Indian IT sector while also raising inflation levels and leading to yet another revision in the visa programme for Indians who want to work in the US. The article takes a closer look at what may lie in store
Sectoral Gains Make A Mark
Benchmark indices continued their uptrend, reaching new record highs, although the pace has slowed as the broader markets faced selling pressures