How did NVIDIA manage to leave all companies behind in the field of artificial intelligence?
April 24, 2024
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The name NVIDIA may be unfamiliar to some of you, but If you have a little fun with computers, You’ve probably heard of it. Companies that are in
The name NVIDIA may be unfamiliar to some of you, but If you have a little fun with computers, You’ve probably heard of it.
Companies that are in a big race in artificial intelligence have done so recently It was overshadowed by NVIDIA’s success. But how did NVIDIA achieve this?
Let’s fast forward the calendar to 2019.
NVIDIA’s market cap at the time It was about $100 billion. However, in the subsequent period, with the artificial intelligence craze, the company’s value literally exploded, increasing twentyfold.
NVIDIA, artificial intelligence has become the undisputed leader of its sector. The AI industry, including companies like OpenAI, maker of ChatGPT, has grown tremendously and become part of our lives.
NVIDIA’s success story started in 1993.
Back then, when artificial intelligence products were not yet circulating on social media Three electrical engineers in Silicon Valley, He founded NVIDIA to design graphics chips for video games.
Graphics cards, namely GPUs, on computer monitors allowing the creation of high-quality 3D images improves the gaming experience.
NVIDIA, before conducting its initial public offering. He predicted that it would be successful due to the growth of applications based on 3D graphics.
Although NVIDIA initially focused on video games, it expanded its strategy over time.
The company is expanding the potential of graphics cards such as CUDA by developing programming languages; these cards, such as artificial intelligence and crypto mining It also made it suitable for other complex arithmetic operations.
NVIDIA’s GPUs offered more efficient multitasking capabilities than central processing units (CPUs), making them for data centers and artificial intelligence applications It made it ideal.
Today the company; It is also active in various areas such as gaming, professional visualization, data centers and automotive.
This is especially the case with income from data centers spending more time at home increased rapidly together. Artificial intelligence applications are starting to play a significant role in the company’s revenues.
NVIDIA’s success in the industry, with strategic investments and marketing capabilities is supported. The company clearly showed us that artificial intelligence does not only appear in science fiction films.
NVIDIA seems to be maintaining its current success. However, maintaining this success Due to constantly changing technology and market dynamics It can be difficult.
Sources: Vox, The Economist, The New York Times
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Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.