Who Runs the World?

Can't read or see images? View this email in a browser

THE WEEKLY NEWSLETTER OF AIM. Sunday, Feb 25, 2024 | Was this email forwarded to you? Sign up here By Amit Naik NVIDIA is the Taylor Swift of the tech world. “NVIDIA’s architecture is now, if you will, grafted into every single computer company in the world,” said Jensen Huang, in a recent interview with Costis Maglaras, the dean of Columbia Business School. He emphasised its comprehensive approach, which lies not only in addressing computing and AI as a hardware challenge, but also as intricate software, algorithm, and data centre problems.  The outcome: NVIDIA reported revenue of $22.1 billion, up 22% sequentially and a remarkable 265% year-on-year—well above the outlook of $20 billion—during the latest earnings call. “The world has reached the tipping point of a new computing era,” said Colette Kress, chief financial officer of NVIDIA, during the earnings call. Today, the company controls about 80% of the market for accelerators in the AI data centres operated by AWS, Google Cloud, Microsoft Azure and Oracle.  Underlining the philosophy, Huang said it was a deliberate choice to be a platform computing company rather than a vertically integrated data centre entity. “It’s better to be a platform computing company that serves every computing company in the world than to be a computing company all by ourselves,” he added.  This approach has led NVIDIA to integrate into diverse data centres globally, including those of major players like AWS, GCP, Microsoft Azure, and Meta, tackling “an insane complexity problem”. As per Huang, this strategy creates a positive feedback loop, expanding NVIDIA’s installation base and fueling further R&D, ultimately leading to “happier customers who buy more chips,” thereby sustaining NVIDIA’s growth and innovation in the field. “Almost every single time you interact with ChatGPT, we’re inferencing. Every time you use Midjourney, we’re inferencing. Every time you see amazing Sora videos being generated, or Runway… Firefly, the videos that they’re editing, NVIDIA is doing inferencing,” said Huang, adding that its AI supercomputers are essentially ‘AI generation factories’ of this industrial revolution.  Enjoy the full story here.  Join AI Forum for India: Our Discord Community for AI Ecosystem, in collaboration with NVIDIA. Join Today >> Are You Ready for NVIDIA GTC 2024?  NVIDIA is set to host its flagship GTC conference at the San Jose Convention Center from March 18-21, 2024. Over 300,000 people are expected to attend this event (both in-person and virtually). “I am going to tell everybody about a whole bunch of new things we’ve been working on in the next generation of AI,” said Huang. Register here >> TOP STORIES OF THE WEEK >> Don’t be Fooled by Google Gemma’s ‘Openness’ Before you assume that Google has finally embraced the open-source route, let us clear the air – Gemma is not an open-source model; it is an ‘open model’, and there is a huge difference between the two. Read to understand the difference.  Did Gemini 1.5 Really Kill RAG? Google’s Gemini 1.5 release, with a 1M context length window, has sparked a new debate about whether RAG (Retrieval Augmented Generation) is still relevant. Read the full story to find out.  PEOPLE & TECH >> What is JumpCloud’s Co-founder Doing in HSR Layout, Bengaluru? JumpCloud co-founder Greg Keller is a busy man, hobnobbing with startups in south Bengaluru, precisely HSR Layout (Bengaluru). The security company, operating in the areas of identity, access, and device management, began active sales in India in 2021 and has thousands of Indian customers on its platform. But, now, it seems to have different plans brewing. Read to find out more.  Oracle’s GenAI-Powered HCM Makes Life ‘Easy’ for the HR Oracle recently embedded generative AI capabilities into the complete SaaS suite, with Human Capital Management (HCM) being the first tool. Deepa Param Singhal, the vice president of cloud applications at Oracle, shares with AIM the details of new HCM capabilities, its impact and how it differentiate itself in the market. Check out the full story here. AIM VIDEOS >> [Must Watch] The ‘Woke’ Google Gemini?  In the latest episode of the AIM Reaction video, we talk about Google’s latest mishap, the Gemini-powered image generation feature, which showed the world what AI bias looks like, and how it should have been handled.  AIM SHOTS >> Multinational geographic information system company Esri India and independent public policy think-tank, CKS, announced that they would train 100K students in geospatial technology for free.  Amazon has cautioned its employees against using third-party generative AI tools for work. Read more here.  IT minister Rajeev Chandrasekhar has issued a stern warning to Google India regarding its response to a query about PM Modi. Full news here. Stability AI launched Stable Diffusion 3, its most capable text-to-image model with greatly improved performance in multi-subject prompts, image quality, and spelling abilities. Check it out here.  Former OpenAI researcher Andrej Karpathy has released a new tutorial on LLM tokenisation. Learn more about the course here. Uber’s global CEO Dara Khosrowshahi, on his recent visit to Bengaluru, said that India was the toughest market to crack, and added that “Indian customers do not want to pay for anything”. More details here.  Intel recently announced its partnership with HCLTech to advance semiconductor manufacturing in the country. Check out the full news here,  Sarvam AI recently released ‘samvaad’, a new open-source series of carefully curated India datasets. Check it out here.  Download our mobile app Access our stories, video content and events on the go. Stay Connected info@analyticsindiamag.com © 2023 Analytics India Magazine Pvt Ltd and/or its affiliates. All rights reserved. For more information, email info@analyticsindiamag.com

This email was sent by support@analyticsindiamag.com to alexvarboffin.abbb@blogger.com Not interested? Unsubscribe | Manage Preference | Update profile Analytics India Magazine | 280, 2nd floor, 5th Main, 15 A cross, Sector 6, HSR layout Bengaluru, Karnataka 560102