Demand for artificial intelligence products sent Nvidia and Super Micro stocks surging this week. Meanwhile, fellow chipmaker AMD launched new AI chips as it eyes a $500 billion market for data center AI accelerators by 2028.
Read about this and more in the AI news roundup.
AMD is going after Nvidia with new AI chips
Advanced Micro Devices (AMD) announced new artificial intelligence chips, heating up its rivalry with other chipmakers, including Nvidia (NVDA).
Nvidia wants to drive AI costs down as ‘reasoning’ models rise
Nvidia’s (NVDA) chips have been a driver of the current artificial intelligence boom — and the chipmaker only wants to make it move faster, chief executive Jensen Huang said.
Nvidia’s stock surge sent its market cap past Microsoft’s and close to a record high
Nvidia stock seems to be climbing back to its record-high close from June.
Two AI pioneers won the Nobel Prize for their work in machine learning
Two artificial intelligence pioneers were awarded the Nobel Prize for their work in machine learning, which laid the foundation for the current AI boom.
Uber taps ChatGPT to get more people to drive EVs
Uber (UBER) is looking to encourage users and drivers to opt for electric vehicles.
Super Micro Computer stock surges 15% on big AI demand
Server company Super Micro Computer (SMCI) unveiled a new liquid cooling solution for AI data centers on Monday, while also revealing it’s shipping over 100,000 graphics processing units (GPUs) quarterly — news that sent its stock climbing more than 15% in midday trading.