Nvidia rival AMD gets its own deal with OpenAI threatening Nvidia’s dominance in the AI accelerator market.
Nvidia’s shares are up over 48% over the last year. That’s because the company is involved in the hottest business segment right now, Artificial Intelligence (AI). Nvidia happens to do business in a sexy area of AI; it is the leading manufacturer of graphic processing unit (GPU) chips that are typically used in devices like smartphones and computers. However, GPUs excel as AI accelerators that speed up the processing of information.
GPUs use parallel processing which means that thousands of cores perform calculations at the same time on huge amounts of data. A Central Processing Unit (CPU), on the other hand, deals with information differently. A CPU processes data sequentially as these chips move from task to task which doesn’t work as well with the matrix multiplication used for AI.
