NVIDIA is a multinational technology company that specializes in artificial intelligence (AI) and graphics processing units (GPUs) both hardware and software, with products used in generative AI, speech recognition, medical imaging, and supply chain management.
The business world is increasingly banking on artificial intelligence to be the next big thing, and has found itself turning to one maker of computer chips in particular — Nvidia — to power the revolution.
Nvidia's market capitalization hit $3 trillion, making it the second-largest publicly traded U.S. company, surpassing Apple and trailing only Microsoft.
Nvidia hardware is now found in all Tesla vehicles.
in 2022 that NVIDIA’s investment in artificial intelligence paid off. By focusing on processing speed and production speed, and by investing heavily in deep learning and AI applications, NVIDIA was able to not only expand on GPU capabilities but also contribute greatly to AI innovation. When word got out that OpenAI’s ChatGPT platform—which set off a global rush toward AI technology— was built upon 10,000 NVIDIA GPUs, rival platforms clamored for NVIDIA chips (and investors clamored for NVIDIA shares).
But the move would also trigger another round of regulatory oversight, not just because of NVIDIA’s dominance (as of 2023 NVIDIA claimed that 70 percent of the world’s fastest supercomputers worldwide were using its chips) but also because of uncertainty surrounding AI and its impacts on society, culture, and employment. In September 2023, for example, NVIDIA’s French offices were raided in a cloud computing antitrust inquiry. Regulatory bodies in the European Union and in China and other countries also initiated a close examination of NVIDIA’s practices and overall position in the AI industry.
The future of NVIDIA lies in its continued innovation in hardware and software solutions, in the potentially transformative impact of artificial intelligence, and in using its dominant position in GPUs to help shape the landscape of emerging technologies.