Nvidia Corp CEO Jensen Huang has announced plans to make supercomputers used to build AI technologies like ChatGPT accessible for rent to businesses. This could accelerate an AI boom that has driven Nvidia shares up 77% this year, making it five times more valuable than Intel Corp. Nvidia already controls the artificial intelligence chip market and has assisted partners in building massive systems for ChatGPT maker OpenAI.
Huang announced at the firm’s annual software development conference that the business was collaborating with partners such as Oracle Corp to provide access to DGX supercomputers powered by 32,000 Nvidia chips to anybody with a web browser. Nvidia is also collaborating with Microsoft and Alphabet Inc to provide supercomputers as a service. Nvidia also revealed new processors and software aimed to make products such as chatbots less expensive to operate with supercomputers.
Nvidia’s AI products are years ahead of the competition, and its dominance in AI software is growing. It is collaborating with AT&T, quantum computing academics, and industrial behemoth Taiwan Semiconductor Manufacturing Co to accelerate chip development. It also unveiled DGX Cloud, a renting service that allows developers to access tens of thousands of its chips at the same time. It is being used by Amgen and ServiceNow Inc.
Nvidia unveiled AI Foundations to assist businesses in training their own artificial intelligence models, as well as technology to accelerate semiconductor design and manufacture. The program makes use of Nvidia chips to accelerate a step between the software-based design of a chip and the actual manufacture of the lithography masks required to print that design on a piece of silicon. Nvidia stated that it is collaborating with ASML Holding, Synopsys Inc, and TSMC to bring it to market, with TSMC beginning production preparations in June.
