Subj : Nvidia promises up to 700% return on investment on GPU doing AI i
To   : All
From : TechnologyDaily
Date : Thu Jul 11 2024 18:45:04

Nvidia promises up to 700% return on investment on GPU doing AI inference 
work as world's most valuable company continues journey towards $4 trillion 
market cap

Date:
Thu, 11 Jul 2024 17:35:23 +0000

Description:
Nvidia says there's huge profits to be made from investing in GPUs, 
especially for inference work.

FULL STORY
======================================================================

Nvidia temporarily became the most valuable company in the world back in June 
2024 with a worth of $3.34tn, a price that's nearly doubled since the start 
of this year - and although it has now dipped back below Microsoft and Apple 
for now, it's only a matter of time before the company claims the top spot 
once again. 

 HPCwire reports at the Bank of America Securities 2024 Global Technology 
Conference, Ian Buck, Vice President and General Manager of Nvidias 
hyperscale and HPC business, discussed the financial advantages of investing 
in GPUs. 

Every dollar a cloud provider spends on buying a GPU, they make it back at $5 
over four years, Buck claimed. Inferencing tasks lead to even higher 
profitability: Here the economics are even better: for every dollar spent, $7 
is turned over in that same time period and growing, he said. Blackwell 
shortages 

Nvidia is optimizing its products to meet the increasing demand for AI 
inference, using Nvidia Inference Microservices (NIMs), which support popular 
AI models like Llama, Mistral, and Gemma. The company is also focusing on its 
new Blackwell GPU, which is specially designed for inferencing and improving 
energy efficiency. 

Initially supply might be tighter than Nvidia would like, but the company 
isn't concerned. With every new technology transition comes a mix of 
challenges of supply and demand. We experienced that certainly with Hopper, 
and therell be similar kinds of supply-demand constraints in the ramp of 
Blackwell at the end of this year and going into next year, Buck said. 

Looking to the future, Nvidia has already begun sharing details about its 
Rubin GPU, announced at Computex and expected to ship in 2026, with cloud 
providers. Buck highlighted the importance of early collaboration, saying, 
Its really important for us to do that - data centers dont drop out of the 
sky, theyre big construction projects. 

Nvidia's steady progress in AI and GPU technology looks promising for 
investors, and the $4 trillion market cap seems within reach. The path ahead 
isn't that clear, however. Due to its rapid growth, Nvidia is facing 
inevitable scrutiny from antitrust authorities, and this isn't expected to go 
away any time soon. More from TechRadar Pro Nvidia has virtually recreated 
the entire planet Nvidia officially becomes the world's most valuable company 
Nvidia is taking the Apple Vision Pro to the Omniverse



======================================================================
Link to news story:
https://www.techradar.com/pro/nvidia-promises-up-to-700-return-on-investment-o
n-gpu-doing-ai-inference-work-as-worlds-most-valuable-company-continues-journe
y-towards-dollar4-trillion-market-cap


--- Mystic BBS v1.12 A47 (Linux/64)
 * Origin: tqwNet Technology News (1337:1/100)

.