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Nvidia announces new AI chips months after latest launch as market competition heats up
CNBC ^ | Sunday, June 2 2024 | Rebecca Picciotto

Posted on 06/02/2024 4:44:56 PM PDT by SunkenCiv

Nvidia on Sunday unveiled its next generation of artificial intelligence chips to succeed the previous model, which was announced just months earlier in March.

Nvidia CEO Jensen Huang announced the new AI chip architecture, dubbed "Rubin," ahead of the COMPUTEX tech conference in Taipei.

Rubin comes months after the March announcement of the upcoming "Blackwell" model, which is still in production and expected to ship to customers later in 2024.

Huang's announcement of Rubin appears to quicken the company's already-accelerated pace of AI chip advancement.

Nvidia has pledged to release new AI chip models on a "one-year rhythm," as Huang put it on Sunday. The company had previously been operating on a slower two-year update timeline for chips.

The turnaround from Blackwell to Rubin was a matter of less than three months, underscoring the competitive frenzy in the AI chip market and Nvidia's sprint to preserve its dominant spot.

AMD and Intel are two major competitors working to catch up, though their gross margins trailed Nvidia's in the most recent fiscal quarter. Companies like Microsoft, Google and Amazon are also vying for Nvidia's top spot, even as they are simultaneously some of Nvidia's biggest patrons. A flurry of startups are also working to enter the space.

"Today, we're at the cusp of a major shift in computing," Huang said Sunday. "With our innovations in AI and accelerated computing, we're pushing the boundaries of what's possible and driving the next wave of technological advancement."

The Rubin chip platform will have new GPUs, the crucial graphic processing technology that helps train and launch AI systems. It will come with other new features like a central processor called "Vera," though the Sunday announcement did not provide many details.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy
KEYWORDS: ai; amd; blackwell; computex; jensenhuang; nvidia; rubin; taipei; taiwan; tsmc
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To: Theoria

Thanks Theoria.

NVDA’s last pre-split trading day will be Thursday 6th, with no trading on the 7th, then the 10:1 split shares will begin trading on Monday the 10th. I’d imagine that there will be trading halts off and on during this week, despite the high price of the shares.

AAPL’s WWDC starts on the 10th, and it’s possible that the M4 chip will debut in at least one desktop machine and perhaps a laptop, or more than one of each category. AI’s going to be all over the place. One take on Apple’s AI offerings is that WWDC is going to focus on M4-based servers. AI’s main use will be in www and wan management.

TSLA’s full self driving, which is AI, is scheduled for an August rollout.


21 posted on 06/02/2024 8:47:04 PM PDT by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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To: RoosterRedux

Wow!


22 posted on 06/02/2024 8:49:22 PM PDT by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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To: jdsteel

AI is likely to take over all stock trading, so, never. The termination of the Cloud bubble hasn’t happened per se, and AI is going to help mitigate the impact of Cloud going into a mature industry.


23 posted on 06/02/2024 8:51:08 PM PDT by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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Krikee!

1,096.33 USD
−8.67 (0.78%)today
Closed: Jun 3, 8:25 AM EDT • Disclaimer
Pre-market 1,134.01 +37.68 (3.44%)


24 posted on 06/03/2024 5:28:54 AM PDT by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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To: SunkenCiv

“ AI is likely to take over all stock trading, so, never.”

Your have the right to your own opinion…no matter how silly.


25 posted on 06/03/2024 6:57:15 AM PDT by jdsteel (PA voters elected a stroke victim and a dead guy. Not a joke. )
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To: SunkenCiv

“ AI is likely to take over all stock trading, so, never.”

You have the right to your own opinion…no matter how silly.


26 posted on 06/03/2024 6:57:33 AM PDT by jdsteel (PA voters elected a stroke victim and a dead guy. Not a joke. )
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NVIDIA CorpJun 3, 3:03 PM EDT
1,138.16 USD+41.84 (3.82%)
Open1,136.21
High1,143.84
Low1,120.03
Mkt cap2.80T
52-wk high1,158.19
52-wk low373.56

27 posted on 06/03/2024 12:08:15 PM PDT by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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To: jdsteel

Your have? You are the one with the silly opinions, troll.


28 posted on 06/03/2024 12:10:05 PM PDT by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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To: SunkenCiv; All

OpenAI and Google DeepMind workers warn of AI industry risks in open letter

Nick Robins-Early
Tue 4 Jun 2024 13.07 EDT

A group of current and former employees at prominent artificial intelligence companies issued an open letter on Tuesday that warned of a lack of safety oversight within the industry and called for increased protections for whistleblowers.

The letter, which calls for a “right to warn about artificial intelligence”, is one of the most public statements about the dangers of AI from employees within what is generally a secretive industry. Eleven current and former OpenAI workers signed the letter, along with two current or former Google DeepMind employees – one of whom previously worked at Anthropic.

“AI companies possess substantial non-public information about the capabilities and limitations of their systems, the adequacy of their protective measures, and the risk levels of different kinds of harm,” the letter states. “However, they currently have only weak obligations to share some of this information with governments, and none with civil society. We do not think they can all be relied upon to share it voluntarily.”

OpenAI defended its practices in a statement, saying that it had avenues such as a tipline to report issues at the company and that it did not release new technology until there were appropriate safeguards. Google did not immediately respond to a request for comment.

“We’re proud of our track record providing the most capable and safest AI systems and believe in our scientific approach to addressing risk. We agree that rigorous debate is crucial given the significance of this technology and we’ll continue to engage with governments, civil society and other communities around the world,” an OpenAI spokesperson said.

Concern over the potential harms of artificial intelligence have existed for decades, but the AI boom of recent years has intensified those fears and left regulators scrambling to catch up with technological advancements. While AI companies have publicly stated their commitment to safely developing the technology, researchers and employees have warned about a lack of oversight as AI tools exacerbate existing social harms or create entirely new ones.

https://www.theguardian.com/technology/article/2024/jun/04/openai-google-ai-risks-letter


29 posted on 06/04/2024 7:19:12 PM PDT by BenLurkin (The above is not a statement of fact. It is either opinion, or satire, or both.)
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To: BenLurkin

Dow Jones Futures Await Key Economic Data; Elon Musk Diverts AI Chips From Tesla; Nvidia Lacks Coattails
Ed Carson
06:50 PM ET 06/04/2024
Investor’s Business Daily
https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-economic-data-elon-musk-ai-chips-tesla-nvidia-lacks-coattails/


30 posted on 06/04/2024 7:59:42 PM PDT by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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To: SunkenCiv

Surprising he isn’t using them on his rockets.


31 posted on 06/04/2024 8:13:13 PM PDT by BenLurkin (The above is not a statement of fact. It is either opinion, or satire, or both.)
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To: SunkenCiv

I corrected my typo.

You’ve not done the same with your silly opinion.

But hey, good luck to you if you want AI trading your nest egg.


32 posted on 06/04/2024 9:04:21 PM PDT by jdsteel (PA voters elected a stroke victim and a dead guy. Not a joke. )
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To: jdsteel
That one's just a lie about me. Lying is part what you trolls do, it's how you get your jollies.

33 posted on 06/04/2024 9:18:07 PM PDT by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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To: SunkenCiv

You seem to have some emotional issues. Far beyond the help of a reply on FR.


34 posted on 06/05/2024 3:06:58 PM PDT by jdsteel (PA voters elected a stroke victim and a dead guy. Not a joke. )
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This is hilarious, Google (or its AI?) showed NVDA down 90% after the 10:1 split.

https://www.google.com/search?q=nvda

120.89 USD
−1,089.09 (90.01%) today
Closed: Jun 10, 7:36 AM EDT
Pre-market 120.64 −0.25 (0.21%)

(currently it’s down about 46 cents in premarket trading)


35 posted on 06/10/2024 5:36:09 AM PDT by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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To: jdsteel

No, you’re just a troll.


36 posted on 06/10/2024 5:36:40 AM PDT by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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Slickcharts

The thirty companies included in the Dow Jones Industrial Average are listed below. The list is sorted by each component's weight in the index. The weight of each company is determined by the price of the stock. A $100 stock will be weighted more than a $30 stock. If a stock splits its corresponding weighting in the Dow Jones will be reduced as its price will be about half of what it was prior to the split.

Components of the Dow Jones
#CompanySymbolWeightPriceChg% Chg
1Unitedhealth Group IncUNH8.351438494.17-0.83(-0.17%)
2Goldman Sachs Group IncGS7.652111445.78-7.77(-1.71%)
3Microsoft CorpMSFT7.218848428.380.51(0.12%)
4Home Depot IncHD5.610817333.801.24(0.37%)
5Caterpillar IncCAT5.561045327.80-1.81(-0.55%)
6Amgen IncAMGN5.141112300.24-4.48(-1.47%)
7Visa Inc Class A SharesV4.640363272.74-2.30(-0.84%)
8Mcdonald S CorpMCD4.282179253.73-0.08(-0.03%)
9Salesforce IncCRM4.080226239.60-2.24(-0.92%)
10American Express CoAXP3.921633225.26-7.18(-3.09%)
11Travelers Cos IncTRV3.593649209.51-3.49(-1.64%)
12Honeywell International IncHON3.555519208.60-2.14(-1.01%)
13JPMorgan Chase & CoJPM3.367738194.72-4.89(-2.45%)
14Apple IncAAPL3.258242205.3212.20(6.32%)
15Boeing CoBA3.207627184.08-6.04(-3.18%)
16Amazon.com IncAMZN3.156184.92-2.14(-1.14%)
17Intl Business Machines CorpIBM2.874582168.78-1.60(-0.94%)
18Procter & Gamble CoPG2.823461166.83-0.52(-0.31%)
19Chevron CorpCVX2.644453156.41-0.33(-0.21%)
20Johnson & JohnsonJNJ2.482317146.33-0.80(-0.55%)
21Merck & Co. Inc.MRK2.218446131.23-0.26(-0.20%)
22Walt Disney CoDIS1.733387101.82-0.92(-0.89%)
233M CoMMM1.698294100.730.07(0.07%)
24Nike Inc Cl BNKE1.61967395.09-0.91(-0.95%)
25Walmart IncWMT1.12972266.56-0.40(-0.59%)
26Coca Cola CoKO1.07286563.37-0.22(-0.35%)
27Dow IncDOW0.94565355.96-0.09(-0.16%)
28Cisco Systems IncCSCO0.77356245.43-0.42(-0.91%)
29Verizon Communications IncVZ0.68178140.33-0.08(-0.21%)
30Intel CorpINTC0.52150130.81-0.11(-0.34%)

37 posted on 06/11/2024 12:02:29 PM PDT by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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