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Nvidia unveils new AI tools as it eyes upgrades every year

The Straits Times

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June 04, 2024

Firm expects to play key role as generative Al shifts to personal computers, says CEO

Nvidia unveils new AI tools as it eyes upgrades every year

Nvidia chief executive Jensen Huang said the company plans to upgrade its artificial intelligence (AI) accelerators every year, announcing a Blackwell Ultra chip for 2025 and a next-generation platform in development called Rubin for 2026.

The company - now best known for its AI data centre systems also introduced new tools and software models on the eve of the Computex trade show in Taiwan. Nvidia sees the rise of generative AI as a new industrial revolution and expects to play a major role as the technology shifts to personal computers, the CEO said in a keynote address at National Taiwan University.

Nvidia has been the main beneficiary of a massive flood of AI spending, helping turn the company into the world's most valuable chipmaker. But it now looks to broaden its customer base beyond the handful of cloud-computing giants that generate much of its sales.

As part of the expansion, Mr Huang expects a larger swathe of companies and government agencies to embrace AI - everyone from shipbuilders to drug developers. He returned to themes he set out a year ago at the same venue, including the idea that those without AI capabilities will be left behind.

"We are seeing computation inflation," he said on June 2.

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