The market for Nvidia’s H100 GPUs has gone from a shortage last year to a glut in 2024. According to Eugene Cheah, rental prices for the powerful GPUs have dropped from $8 per hour to less than $2. Cheah attributes this to a number of factors. For example, more companies are relying on fine-tuning existing …
Accenture is forming a Nvidia business group with 30,000 professionals to help enterprises adopt AI, reports Dean Takahashi. The goal is to train Accenture’s team to advise clients on process optimization and scaling AI solutions. Lan Guan, Chief AI Officer at Accenture, emphasizes the growing demand for generative AI. This new group expands the existing …
Nvidia has released a powerful open-source AI model that rivals proprietary systems from industry leaders like OpenAI and Google. The model, called NVLM 1.0, demonstrates exceptional performance in vision and language tasks while also enhancing text-only capabilities. Michael Nuñez reports on this development for VentureBeat. The main model, NVLM-D-72B, with 72 billion parameters, can process …
AI agents will fundamentally change the future of work. This is the prediction made by Nvidia founder Jensen Huang and Salesforce CEO Marc Benioff at the Dreamforce conference, as reported by VentureBeat. According to Huang, the capabilities of AI agents are developing rapidly and offer “gigantic” opportunities. They will soon be able to solve complex …
Start-ups Cerebras and Groq have unveiled powerful processors for AI inference that aim to outperform Nvidia’s previously dominant GPUs. As VentureBeat reports, Cerebras’ new CS-3 chip offers 125 petaflops of processing power with 4 trillion transistors. Groq scores with an energy-efficient tensor streaming processor. Both companies are targeting the growing market for AI applications. Experts …
According to Nvidia, their new Nemotron-4 340B open language model will revolutionize the generation of synthetic data and enable companies to develop custom AI models.
Nvidia introduced “Blackwell,” a new hardware architecture for AI applications. It is designed to significantly increase the efficiency of data centers and accelerate the development of new AI solutions. New systems based on Blackwell will be offered by a number of vendors, including Asus, Gigabyte and Supermicro, and are expected to be suitable for both …
Nvidia introduces NIM (Nvidia Inference Microservices), a new technology that supposedly enables developers to deliver AI applications in minutes instead of weeks. These microservices provide optimized models as containers that can be deployed in clouds, data centers, or on workstations. The goal is to enable organizations to build generative AI applications for co-piloting, chatbots, and …
IT service provider Kyndryl and Nvidia are working together to make it easier for businesses to use generative AI. The partnership combines Nvidia’s hardware and software with Kyndryl’s expertise in implementing and scaling AI projects.
Nvidia’s ChatRTX chatbot now supports Google’s Gemma model, allowing users to interact with their own documents, photos, and YouTube videos. The update also includes voice search and offers more ways to search locally stored data using different AI models.