Nvidia, AI and Alibaba
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Nvidia, OpenAI
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NVIDIA, the AI boom's $4 trillion chipmaker, is now betting on quantum computing—despite doubts about how soon the technology will pay off.
Nvidia's online store has quietly been offering easy access to buy the RTX 5080 Founders Edition graphics card. Walmart is offering an even cheaper model too at $929.
Alibaba said on Wednesday that it is integrating Nvidia's AI development tools for robotics, self-driving cars, and connected spaces into its Cloud Platform for AI.
The companies say the partnership will enable OpenAI to build and deploy at least 10 gigawatts of Nvidia systems for its artificial intelligence data centers to train and run its next generation of models.
Nvidia's rise on Monday spurred a bigger rally that boosted the S&P 500 to a new record. The chip titan will invest $100 bilion in ChatGPT maker OpenAI.
OpenAI plans to build and deploy Nvidia systems that require 10 gigawatts of power, which is equivalent to 4 million and 5 million graphics processing units. Stocks including Taiwan Semiconductor Manufacturing Co.