Nvidia Stock Skyrocketed 150% in the 1st Half of 2024. Here's Why It Could Go Even Higher.
What company is currently leading in generative AI?
OpenAI is currently leading in generative AI with its popular prebuilt AI solutions like ChatGPT and DALL-E. The company also offers API and application development support for developers who want to use its models as baselines. Its close partnership with Microsoft and growing commitment to ethical AI continue to boost its reputation and reach.
What significant feature does Nvidia's Blackwell platform offer?
Nvidia's Blackwell platform offers the ability to build and deploy large language models (LLMs) with 1 trillion or more parameters at up to 25 times less cost and energy consumption than Nvidia's Hopper architecture. It can also support up to four times faster training of LLMs and 30 times faster inference, enabling applications in generative AI, engineering simulation, electronic design automation, quantum computing, and more.
How does Blackwell's energy consumption compare to Nvidia's Hopper architecture?
Blackwell architecture promises to deliver up to 25 times less energy consumption compared to Nvidia's Hopper architecture while performing AI tasks6. This significant reduction in energy usage not only makes Blackwell more cost-effective but also more environmentally friendly.