Tech giant Nvidia is now worth over $3.2 trillion, with its dominance as a chipmaker making it the poster child of the artificial intelligence boom.
FILE - Nvidia CEO Jensen Huang speaks at the Computex 2024 exhibition in Taipei, Taiwan, June 2, 2024. Nvidia passed Microsoft on Tuesday, June 18, 2024, to become the most valuable company in the S&P 500. Three engineers — Jensen Huang, Chris Malachowsky and Curtis Priem — gathered at the diner in what is now the heart of Silicon Valley to discuss building a computer chip that would make graphics for video games faster and more realistic.
“They took an architecture that was used for a single thing, to maybe enhance gaming, and they figured out how to network these things,” he said. “The GPU became the most compelling architecture for AI, going from gaming, rendering graphics and stuff, to actually using it for data. ... They basically ended up creating a market that didn’t exist, which was GPUs for AI, or GPUs for machine learning.
At the time, he said, AI was only in its infancy. But Nvidia’s understanding that GPUs would be central to the development of AI was “the fundamental breakthrough that was needed,” Dekate said.
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