The popularity of H100, which offers at least 3x better performance than the A100, with Big Tech, OpenAI, and others has pushed Nvidia's market value toward $1T
High demand for US group's H100 processors helps send its market value skyrocketing towards $1tn
It is incredible that Nvidia was able to identify in 2017 that ‘transformers’ will be so relevant for AI, a thing the broader public opinion only learned like less than a year, so ~5 years later. That's proper foresight/innovation. https://www.ft.com/... [image]
“The H100 solves the scalability question that has been plaguing [AI] model creators,” said Emad Mostaque, CEO of Stability AI, one This is important as it lets us all train bigger models faster as this moves from a research to an engineering problem." https://www.ft.com/...
“The cost of compute has gotten astronomical. The minimum ante has got to be $250M of server hardware [to build generative AI systems].” - @elonmusk Nvidia is approaching a $1 trillion valuation on the back of the H100. https://www.ft.com/...
Woke up this text today: Where does Jensen rank in Mount Rushmore of founders? Gotta be #2 of still working ones. $NVDA worth more than all Elon Cos combined. 🤯 How Nvidia created the chip powering the generative AI boom via @FT https://enterprise-sharing.ft.com/ ...