Source: CNBC
Summary
Nvidia’s latest conference, GTC 2023, showed that the industry is not concerned about an AI bubble, despite investor fears. The company announced several new AI-related products and services, including a new chip designed for AI workloads. Nvidia’s CEO, Jensen Huang, said that AI is a “force of nature” that will continue to grow. The conference featured several demos of AI-powered technologies, including autonomous vehicles and healthcare applications. According to Nvidia, the demand for AI computing is increasing rapidly.
Our Reading
The launch follows a familiar script.
Nvidia’s new AI chip is just what the industry didn’t know it needed. Again. The company’s CEO claims AI is a “force of nature”, because that’s exactly what you want in a technology – unpredictability. The demos were impressive, but we’ve seen this movie before. Nvidia’s just rebranding old ideas and calling it AI.
Author: Evan Null
