Nvidia, an organization that makes GPUs, or graphics processing units, is making a fortune riding the generative artificial intelligence (AI) boom nowadays. Just like the proverbial saying, ‘The bear takes the cash, the owner takes the cash’, generative AI tools like ChatGPT do the trick, but Nvidia takes the cash.

Nvidia announced on the twenty fourth that it expects sales of a whopping $11 billion (about 14.5 trillion won) within the second quarter of this yr, which is greater than 50% higher than the figure predicted by market analysts in the USA.

When Nvidia announced this forecast, on the twenty fifth, the stock price rose 24.4% in at some point within the US stock market, raising the company value (market capitalization) to $938 billion (roughly 1243 trillion won), near $1 trillion. Nvidia stock has already risen 110%, or greater than doubled, before announcing its earnings forecast for the second quarter of this yr.

Nvidia is booming due to the generative AI boom. Firms are flocking to this field, believing that developing or integrating generative AI will make cash in the longer term, and GPU demand is exploding since it must expand computing power.

GPUs have multiple cores, so instructions will be processed in parallel. For this reason, computing speed and processing capability increase as more GPUs are attached. It was originally a chip used for games, nevertheless it has emerged as a vital chip since it is suitable for driving AI that processes big data.

Nvidia has 80% of the worldwide marketplace for these GPU chips. Subsequently, demand for GPUs following the generative AI boom is shifting towards this company. The Wall Street Journal compared a gold rush with generative AI, that’s, a situation through which people flock to mine gold, but Nvidia sells all of the pickaxes and shovels needed to dig gold.

Jensen Huang, CEO of Nvidia, said on a conference call that GPU demand growth has been steep this yr, and orders are pouring in surprisingly.

Founded in 1993 by Taiwanese-American Jensen Huang and others, NVIDIA was an organization that produced and sold graphics cards. Since 1999, the GeForce series has been released, and it has grow to be well-known to the general public.

Later, it made not only GPUs but in addition various computer chips and expanded its scope to AI and self-driving fields, and now it’s the fifth largest technology conglomerate following Apple and Google’s parent corporations Alphabet, Microsoft, and Amazon by way of market capitalization on the twenty fifth amongst US corporations. That is it.

Nvidia’s upward trend seems prone to proceed for a while in the longer term as generative AI is spreading as a ‘game changer’ in all industries. Next, we’ll let you know concerning the technology trends.

■ Game company Activision Blizzard has developed an AI tool for generating images learned from data from hit games resembling ‘Diablo’. I made it based on ‘Stable Diffusion’ and named it ‘Blizzard Diffusion’.

Blizzard is using this tool internally for game production, and in an official statement said, “The rationale we developed the AI ​​model is to offer developers more time for creative work by offloading repetitive, manual tasks.” It’s.

■ There have been requests from some corporations and investors to permit business use of the big language model (LLM) ‘Rama’, which was released as open source by Meta last March and caused an incredible sensation. They even began a campaign called ‘Free the LLaMA’, but Meta rejected it saying it wasn’t ready yet.

‘Lama’ has relatively small parameters, so small language models based on it, resembling ‘Alpaca’ and ‘Vicuna’, have been developed one after one other. The event cost was also low, so it was within the limelight, but some corporations are asking for it to be released in order that it may well be used as a business model. From Meta’s viewpoint, if the model is used for commercialization, it’s rejected because there may be a priority about taking responsibility for unintended effects.

■ It is understood that Samsung Electronics will use Google search because the default search engine for mobile phones. It’s a choice considering the connection with Google, nevertheless it is a position that Microsoft’s search engine ‘Bing’ will be introduced at any time.

It is understood that the rationale Samsung Electronics initially tried to introduce Bing was that almost all users used Chrome or other browsers as an alternative of Samsung’s browser. Subsequently, we tried to extend our market share by installing Bing search into the Samsung browser, but because the wave grew, we decided not to debate this issue any further at this point.

■ Rutten Technologies plans to completely open ‘No Code AI Tool Builder’ to users. Generative AI tools will be easily produced without complex coding, and it has been upgraded to an AI tool production platform called ‘Luten Studio’ and announced that it would be opened to all users step-by-step.

We already held an AI tool constructing contest (Prompton) using Rutten Studio in Japan last month, and we plan to carry a contest in Korea at the top of May for pre-applicants. Rutten explained that it intends to contribute to the expansion of the non-English-speaking AI ecosystem, just because it released unlimited GPT-4 sentences and image generation functions without spending a dime on the ‘Luten 2.0’ platform.

Next, we’ll deliver key industry news.

■ Meta builds its own infrastructure to support next-generation AI applications. To this end, it has recommend a series of hardware and software projects, including the event of AI chips and the development of supercomputers and data centers.

It’s the primary time Meta has revealed such plans intimately, including developing chips for AI workloads and video processing tasks, designing a latest AI-optimized data center, and constructing a latest supercomputer for AI research. no see. It’s interpreted as a move to point out that it is usually specializing in AI development with the metaverse.

■ Open AI released ‘Chat GPT’ app for iPhone. It may possibly be downloaded from the twenty fifth in Korea, but you have to be careful because there are numerous apps much like ‘Chat GPT’ within the App Store. OpenAI can even release an Android version soon.

The ChatGPT app is offered for iPhone and iPad and provides the identical features as the net version. Users can even reap the benefits of a latest feature that permits voice commands to be entered through the microphone. It’s because ChatGPT can understand voice questions through the ‘Whisper’ voice recognition system.

Nonetheless, ChatGPT doesn’t respond by voice just like the iPhone ‘Siri’, and provides answers only in text form.

■ Have you ever heard of ‘Drone Soccer’ or ‘Drone Racing’? On the seventeenth, on the ‘2023 Korea Drone and Urban Air Transportation (UAM) Expo’ held at Songdo Convensia in Incheon, the ‘World Drone Soccer Championship’ and the ‘Drone Racing World Cup’ were held side by side and captivated the audience.

Within the drone soccer competition, greater than 20 teams participated in a drone 5 vs. 5 game, and the team that put more drones into the opponent’s goal wins. Within the drone racing, 70 athletes from 5 countries participated and raced through obstacles, reaching speeds of as much as 200 km/h.

■ Lee Won-joon and Park Gyu-tae, co-CEOs of Avalve, were chosen as ‘Asia’s Influential Leader Under 30’ by Forbes. We chosen 30 young entrepreneurs and leaders under the age of 30, and two representatives were identified as leaders within the industries, manufacturing and energy sectors.

Avalve created the most important smart farm plant complex in Vietnam in 4 years of firm. We recently opened a wise farm complex with an AI solution inside an 800,000 pyeong smart agricultural complex in Vinh Phuc Province near Hanoi, Vietnam.

Reporter Jeong Byeong-il jbi@aitimes.com