Tag Archives: NVIDIA Corp

Alibaba doubles down on AI – Chinese stocks to watch

Chinese e-commerce giant Alibaba is declaring a new era. “We believe the growth opportunity driven by AI services is just beginning,” management said in a conference call with analysts on Thursday. They claim “strong demand” for training AI models in the cloud – so much so that they can’t accommodate all requests due to a… Read More »

How Amazon Races to Catch Microsoft and Google in Generative AI with Custom AWS Chips

In an unmarked office building in Austin, Texas, two small rooms contain a handful of Amazon employees designing two types of microchips for training and accelerating generative artificial intelligence. These custom chips, Inferentia and Trainium, offer AWS customers an alternative to training their large language models on Nvidia GPUs, which have become difficult and expensive… Read More »

Nvidia’s AI-fueled stock surge pushed earnings three times higher than Tesla’s

Nvidia’s rise above $1 trillion in market capitalization puts it alongside household names Amazon, Apple, Microsoft and Alphabet. Built into the share price are a number of assumptions about growth, including a quadrupling of net income this year. Nvidia’s graphics chips have proven to be the best for training AI models, and the company’s forecasts… Read More »