NVIDIA and OpenAI have forged a significant collaboration, positioning NVIDIA at the forefront of the AI frenzy. NVIDIA announced plans to deploy at least 10 gigawatts of its systems to enhance OpenAI’s infrastructure, with a staggering investment of up to $100 billion to support this initiative. This strategic move propelled NVIDIA’s shares to an all-time high, showcasing impressive YTD gains of over 30%. In addition to OpenAI, NVIDIA has secured partnerships with the Kingdom of Saudi Arabia to establish AI factories and with Novo Nordisk for developing customized AI models. A recent collaboration with Intel aims to create advanced data center and PC products, further highlighting NVIDIA’s pivotal role in the tech landscape. NVIDIA’s ongoing investments and partnerships illustrate the company’s commitment to capitalizing on the surging demand for AI technologies, reinforcing its strong position in the Data Center market.
Source link
Share
Read more