Tag Archive for NVidia

| September 6, 2024
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What You Could do with the NVIDIA Record Loss this Week?

Artificial intelligence bellwether stock NVIDIA (NVDA) announced its 2025 Q2 fiscal results on Tuesday. America’s second-largest public company ended the quarter with $30.04 billion in revenue. However, shares dropped 9.5%, leading to a $278.9 billion reduction in the company’s value.

What You Could do with the NVIDIA Record loss this week?

Analysts attribute NVIDIA’s stock decline to its Q3 revenue guidance of $32.5 billion, below the Wall Street ‘whisper number’ of $33 billion to $34 billion.

NVIDIA’s $278.9 billion loss is the largest single-day loss by a U.S. company, surpassing Meta’s $237 billion loss in February 2022.

Unexpected NVIDIA Q3 guidance

The unexpected Q3 guidance miss triggered a sell-off, likely driven by NVIDIA’s AI chips in trading systems, causing the $278.9 billion decline.

RB-

Sure, I could write about an AI Hype Cycle, a rickety economy, or a DOJ investigation with a 50/50 chance of a convicted felon becoming President. But it seemed more fun to put this loss into perspective:

  • A stack of $100 bills totaling $1 million would be about 43 inches tall (just over 3.5 feet). To put the enormity of NVIDIA's loss into perspective
  • Stacking $278.9 billion in $100 bills would reach approximately 189 miles, the distance from New York City to Washington, D.C.
  • It would also fill the Empire State Building 25 times over.

Or I could:

  • Buy Pebble Beach golf course for $3.2 Billion,
  • All 32 teams in the National Hockey League. The NHL can be got for $41.9 Billion, as well,
  • All 32 National Football League franchises. The entire NFL is worth $162 Billion,
  • End Homelessness in the U.S.
  • And still have cash on hand.

 

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Ralph Bach has been in IT for a while and has blogged from the Bach Seat about IT, careers, and anything else that has caught my attention since 2005. You can follow me on Facebook or Mastodon. Email the Bach Seat here.

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| July 15, 2024
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Artificial Intelligence Firms You Should Know

Artificial Intelligence Firms You should KnowOn June 20th, 2024, artificial intelligence darling Nvidia surpassed $3 trillion in market cap. As a result, the chip maker became the most valuable company in the world, beating out Microsoft and Apple. Some are wondering if Nvidia’s current valuation is justified and sustainable. Some are arguing that we’re still just at the beginning of the Generative AI boom. However, others aren’t yet convinced that AI will deliver on the hype that tools like ChatGPT have created.

Generative artificial intelligence

In this context, Generative artificial intelligence (GenAI) refers to a trending class of machine learning applications that are able to create new data, including text, images, video, or sounds, based on a large dataset on which it has been trained. Here are some other GenAI firms that could be some alternate firms to check out if NVIDIA is too rich to buy at this level.

Artificial Intelligence vendors

Adobe

Adobe is most famous for its creative software like PhotoShop. However, the company has expanded into artificial intelligence. Adobe planned to acquire Figma in a $20 billion deal announced in September 2022. They called off the deal in December 2023 due to antitrust concerns in Europe. Adobe’s latest image generation model, Firefly 3, announced in April 2024. The model brings a new level of high-quality images and better understanding of prompts given.

  • Key Products: Adobe Sensei, Adobe Firefly, AI Assistant
  • Company value: $200.86 billion

Alphabet (Google)

Google logoGoogle and its parent company Alphabet expanded into artificial intelligence with the formation of its Google AI division in 2017. In 2023, the company announced BARD. The company designed BARD to compete with Microsoft’s integration of ChatGPT into its Bing search engine. The early release was marked by reported internal disapproval of the product. 

  • Key Products: Gemini, Vertex AI, Gemini for Google Workspace
  • Company value: $1.72 trillion

Amazon Web Services (AWS)

Amazon Web ServicesKnown for its scalable cloud infrastructure, Amazon has also thrown its virtual hat into artificial intelligence ring. Yet, the e-commerce and cloud giant finds itself playing catch-up in generative AI.

According to Business Insider’s sources, a stealth internal project code-named Metis, is it next step in AI.  “Metis” will be powered by an internal Amazon AI model called Olympus. The latter will power Remarkable Alexa, a new, more capable version of Alexa for a  monthly subscription fee. 

Metis will reportedly use a technique called retrieval-augmented generation (RAG), according to BI. RAG will enable Metis to retrieve information from beyond the original data used to train the underlying model. This means Metis will offer more up-to-date responses like the latest stock prices or medical reaserach, while other chatbots still produce inaccurate or outdated information.

AWS offers a suite of AI services, including GenAI models for text, speech and image processing.

  • Key Products: Amazon Bedrock, Amazon Q, Amazon CodeWhisperer, Amazon SageMaker
  • Company value: $1.79 trillion

Anthropic logoAnthropic

Anthropic announced the third generation of its Claude generative AI chatbot, which competes with OpenAI’s ChatGPT and Google’s Bard. Claude AI is a constitutional chatbot. It has been trained to make judgments based on a set of principles taken from documents including the 1948 UN Declaration and Apple’s terms of service, which expands to issues in the digital domain. Claude 2 has complex choice-making capabilities and scored 76.5% on the multiple choice section of the bar exam. While it hasn’t quite had the publicity of the big artificial intelligence chatbots it looks like Anthropic might have created a worthy competitor.

  • Key Products: Claude 3, Claude API
  • Company value: $15 billion

Cohere

Cohere logoCohere is a company which focuses on building artificial intelligence models for enterprise customers. Enterprise customers can use their own data to train their AI models, without sharing that data. Their primary focus is on creating AI systems that can: understand, generate and, interact with human language.

  • Key Products: Command, Embed, Chat, Generate, Semantic Search
  • Company value: $2.2 billion

IBM

IBM logoIBM’s Watson was the first artificial intelligence language model technology to attain global notoriety, as a result of its 2011 victory on the quiz show Jeopardy!. Watson was question-answering platform, initially developed from 2004-2011. Since then, its deep learning capabilities have been applied to a wide range of industries, including healthcare, cuisine, hospitality, water conservation, and more. IBM has continued to evolve it’s AI capabilities. In the past 5 years, IBM has filed 1,591 AI-related US patent applications. In April 2024, IBM announced its acquisition of HasiCorp. for $6.4 billion.

  • Key Products: WatsonX.ai, Code Assistant, Slate, Granite
  • Company value: $153.76 billion

Jasper

Jasper AIJasper uses artificial intelligence to help businesses write marketing content. They claim it can write the same content much faster than a human being can, in a tone of voice that customers relate to and find familiar. It helps businesses generate consistent and effective digital marketing content, from blog posts to social media updates.

  • Key Products: Jasper, Jasper API, Jasper AI Copilot
  • Company value: $1.2 billion

Meta (Facebook)

Meta logoMeta (formerly known as Facebook) has grown to where 3.14 billion people interact with one of their platform’s daily. The company is known for its social media platforms, including Facebook, Instagram, WhatsApp, and Oculus. While the company has faced criticisms harmful misinformation, polarizing political content, and data leaks.

For years, Meta has used artificial intelligence to recommend posts in our feeds, moderate content, and target ads behind the scenes in Instagram and Facebook.

  • Key Products: Meta AI, Llama 2.0, Llama 3.0 (coming soon), Seamless Communication models
  • Company value: $1.252 trillion

Microsoft largest artificial intelligence company

Microsoft logoMicrosoft has claimed to be the world’s largest artificial intelligence company. MSFT has made a $10 billion investment in OpenAI in January 2023. They then integrated ChatGPT generative AI chatbot and Dall-E image generation into the Bing search engine and Edge web browser.

  • Key Products: Microsoft Copilot, Copilot for Microsoft 365, Microsoft Copilot Studio, Microsoft Copilot in Bing
  • Company value: $3.01 trillion

Midjourney

Midjourney.comMidjourney AI specializes in creating AI-powered tools that generate realistic and imaginative images from text descriptions. It offers tiered subscriptions and allows users to monetize their AI-assisted artwork. It’s integrated into various platforms, including Discord and Microsoft Edge.

In late March 2023, Midjourney suspended free trials due to people abusing the system.

  • Key Products: Midjourney AI
  • Company value: $10 billion

NVIDIA king of artificial intelligence

NVIDIA logoNVIDIA started working on 3D graphics graphics processing units (GPUs) for multimedia and gaming companies in 1993. The company also began creating artificial intelligence applications back in 2012. Today, NVIDIA is generally considered the leader in AI technology as it is at the forefront of AI and is developing software, chips and AI-related services.The company commands 87% of the GPU market and has had a hand in major AI technology advancements, including ChatGPT, which was trained using 10,000 NVIDIA GPUs. The NVIDIA NeMO LLM’s status as one of the most advanced large language models, along with a new partnership with Microsoft, further cement its place among prominent AI companies.

  • Key Products: NVIDIA AI, NVIDIA NeMo, NVIDIA BioNeMo, NVIDIA Picasso, various chips and GPUs
  • Company value: $2.14 trillion

OpenAI sparked the artificial intelligence boom

OpenAI logoOpenAI continues to lead the GenAI space with its GPT-4 model, widely used across industries for natural language processing tasks. OpenAI’s tools are integrated into numerous applications, from customer service chatbots to creative writing assistants.

In contrast, OpenAI has famously scooped up data from everywhere to train its chatbots, like Reddit. And, when a user uploads information into OpenAI to ask ChatGPT to do a task, OpenAI uses that data to train its models for everyone’s use. Users can opt out of that, but it’s one of the reasons why companies warn their employees not to share data with OpenAI.

  • Key Products: GPT-4, ChatGPT, DALL-E 3, Sora
  • Company value: $80 billion

Stability AI

Stability.ai logoStability AI excels in creating advanced AI models, particularly the Stable Diffusion series, that generate high-quality, realistic images from text prompts. They offer models in multiple languages and for commercial use, emphasizing photorealism and complex prompt processing.

  • Key Products: Stable Diffusion XL, Stable Video Diffusion, Stable Audio, Stable Zero123

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Ralph Bach has been in IT for a while and has blogged from his Bach Seat about IT, careers and anything else that catches his attention since 2005. You can follow me on Facebook. Email the Bach Seat here.

Category: Artificial ntelligence | Tags: , , , , , , , , ,
| August 27, 2013
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NVIDIA Comes to Detroit

NVIDIA Comes to DetroitAutomakers have made a beeline for Central California in recent years. They are setting up research and engineering facilities in the shadows of consumer electronics giants Google (GOOG) and Apple (AAPL). The Detroit Bureau asks if the migration be turning around? A major Silicon Valley firm, NVIDIA (NVDA), is reversing the trend by setting up a technical center in Ann Arbor.

NVIDIA technical center in Ann ArborAnnArbor.com reports the tech center will initially support about 20 employees. They will be primarily dedicated to working with the local automotive community. Danny Shapiro, director of automotive for Santa Clara, CA, based NVIDIA said that more work will likely be done at the center with supercomputing and graphics development. NVIDIA VP for worldwide automotive sales and Ann Arbor site leader Phil Hughes said. “We’re going to have software engineers, hardware engineers and field application engineers working here as well as people on the business and marketing side.” 

Who uses NVIDIA

Mr. Shapiro said the new facility will help the company’s growing team of Michigan-based engineers and executives work with automakers and suppliers. The Michigan team will develop the next generation of infotainment, navigation, and driver assistance programs. NVIDIA points out that Chrysler, Ford (F), General Motors (GM), and Volkswagen are already using NVIDIA products in their designs. NVIDIA believes having a technology center near the heart of the auto manufacturing community in Michigan makes sense.

Detroit automakers“Silicon Valley is the future, Detroit is the past,” said NVIDIA’s Shapiro. “That’s the conventional wisdom. Well, the conventional wisdom isn’t quite right. We’ve been investing in Michigan for years and we’re accelerating these efforts by opening the Nvidia Technology Center.”

Detroit Bureau points out that NVIDIA isn’t alone. Other high-tech firms opening centers in Southeast Michigan are Microsoft (MSFT) and Google, Mr. Shapiro noted. “This is where consumer electronics and safety advancements are being made that will change the driving experience for all of us,” the executive told the Detroit Bureau. “Nvidia has been fueling this trend for years. A number of our employees live in the area and are working closely with car companies.”

High-tech start-ups

DetroitWhile there’s a small but growing presence of high-tech start-ups within the Motor City itself, many of the firms setting up shop in Michigan have chosen to go to Ann Arbor the home of the University of Michigan. “All of this activity has helped make Ann Arbor a high-tech hub and not just for the Detroit area,” Shapiro noted.

Michael Finney, president of the Michigan Economic Development Corp., said Nvidia already powers in-dash instrument clusters as well as navigation and information displays in more than 4 million vehicles from automakers such as Audi, Bentley, BMW, Lamborghini, Maserati, Rolls Royce, Tesla, and Volkswagen.

rb-

I have covered the new blood moving into the neighborhood, including SAIC, and Bill Ford’s plans to make Detroit the Silicon Valley of Mobility.

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Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedIn, Facebook, and Twitter. Email the Bach Seat here.

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| June 5, 2012
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Tablet Notes

Tablet computer ownership will lead the industry over the coming 12 months as all-in-one devices continue to grow in popularity according to the CEA.

Windows 8 Tablets in November

Windows 8 Tablets in NovemberExpect the first wave of Windows 8 tablets to land in retail stores in November, according to CNET. A secret source deep within Intel (INTC) says the Intel-based Microsoft (MSFT) Windows 8 tablets will use Intel’s upcoming Clover Trail Atom chip. DailyWirless says that Clover Trail is Intel’s first dual-core Atom design based on its 32-nanometer process technology.

The author says the tablets will fall into two basic sizes: pure 10-inch tablets and hybrid 11-inch designs with physical keyboards. Windows 8, like Windows 7 before it, will be powered by chips from Intel and AMD (AMD) and will be able to run older, so-called “legacy” applications.

A separate release from Microsoft, Windows RT, will land on devices powered by ARM (ARMH) chip suppliers NVidia (NVDA), Qualcomm (QCOM), and Texas Instruments (TXN). RT will not run older Windows applications.

Chinese Tablet PCs Peel Away at Apple

Chinese Tablet PCs Peel Away at AppleApple Inc may find it harder to keep market share in China because homegrown tablet PC brands will win over more customers says a report on China Daily.com. Sun Peilin with Analysys International, told China Daily, Apple’s (AAPL) market share will shrink to about 70 percent, “Chinese tablet PC makers are trying to form a stronger echelon behind Apple by taking over the market share that belonged to small copycat manufacturers.”

Apple’s iPad and iPad 2 took 78.3 percent of the market share in China in Q1 2012, distantly followed by Samsung’s (005930) 5.1% and ErenEben’s 4.5% according to the article. AI’s data indicates tablet PC sales in China are expected to break 4.5 million units. Companies including Lenovo (LNVGY), Acer (ACEIY) and home appliance giant Haier Group, are releasing their own tablet PCs.

Sun from Analysys states in the blog the biggest obstacle Chinese brands face is how to come up with a different marketing angle against Apple, to avoid head-on competition with the iPad. “There are two separate markets for tablets: You can either go entertainment or business. The iPad is a big competitor in terms of entertainment, so Chinese companies should be different from iPad,” Sun suggested. Some Chinese companies have already differentiated their tablets. Beijing ErenEben Information Technology Co, a business tablet PC maker, won a government contract to provide tablets to the police department in the Guangxi Zhuang autonomous region.

According to Fang Liyong, COO of ErenEben, the company sold nearly 150,000 units of its first two generations of products in 2010, making it the biggest homegrown tablet PC brand by sales volume. “We are now selling nearly 30,000 units every month in 2011,” he said.

With a touchscreen developed by Japanese graphics-tablets maker Wacom Co Ltd, the ErenEben tablets were designed to offer an experience similar to writing on real paper. The COO boosts, “ErenEben has great growth potential, because China’s tablet market is so big, and Apple cannot take it all.”

iPad Suit

iPad SuitMohan’s Custom Tailors of New York is taking the boring and basic out of the word “suit” by designing a new and improved version for the modern man. According to their website, as men are dressing up and going out to dinner dates, museum galleries, and lounges in fine style, Mohan’s is creating contemporary and handsome designs to fit their needs. Mohan’s has introduced the fashion of the future with their new tech offerings, including pockets for your Research In Motion (RIMM) Blackberry, Apple (AAPL) iPod, iScribe, Bluetooth, and more. Most recently, they have revealed the first-ever iPad pocket in menswear, creating a fashion rush for “techies” around the world.

iPad Bacon Case

iPad Bacon CaseAt Antje Schmitt’s storefront at Etsy, the famous handcrafted Bacon Case for the Apple (AAPL) iPad 3 is now available. The Bacon Case is also available for older iPads, MacBooks, Netbooks, and Notebooks.

ZD.net – “The undisputed king of the weird category however, is the iPad bacon case ($59, pictured), which I’m ordering immediately.”

Gizmodo – “It’s $59, but who cares? Bacon iPad cases are what money was invented for, people. Well, that, and both actual bacon and actual iPads.”

Gearfuse – “Bacon and Apple products go together like peas and carrots. Or lamb and tuna fish. They’re both the perfect byproducts of their respective categories. Pimp your iPad with pork with the custom-made Bacon iPad case. It might not be actual bacon, but it’s realistic design is enough to make you wish you had a side of eggs to go with your balanced breakfast of pork and tablet.”

Clueful Scans Your iOS Apps For Privacy Behavior

Clueful by BitdefenderSecurity firm Bitdefender has introduced Clueful, an app that scans your Apple (AAPL) iOS apps lets you see what information other applications installed on your iDevice might have access to. Once downloaded and installed (iTunes), the $3.99 app scans your iPad 3, iPhone 4s or other iOS Apple products to see what’s installed and puts it in a list that can be filtered based on the various kinds of behavior. This includes things like:

  • Apps that can track location
  • Apps that can read the address book
  • Apps that might drain battery
  • Apps that use iPhone’s unique ID
  • Apps that display ads
  • Apps that gather analytics

These behaviors are listed in the results and explained on each app’s detail page. However, Clueful doesn’t log how often these behaviors happen. Clueful also notes if your data is encrypted, and if app makers anonymize you as a user, CNET News.Com reported.

Besides scanning what you have downloaded, the article explains that the software is designed to let you research what kinds of information an application wants to use before you buy it from the App Store. However, the author says, ” this appeared to be a work in progress, it is slow and unable to pick up a handful of big name games and apps.”

Bitdefender maintains all the data behind the privacy analysis, and users can ask to have apps that are not a part of that system analyzed. CNet states that Clueful comes some three months after Apple came after fire for the fourth time over how iOS and apps log and send user information to third parties.

 

Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedIn, Facebook, and Twitter. Email the Bach Seat here.

Category: Tablet computing | Tags: , , , , , , , , , , , , , , , , ,
| March 6, 2012
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Top Wireless Predictions for 2012

Top 10 Wireless Predictions for '12 from Juniper ResearchUK-based Juniper Research published a year-end list of predictions for the mobile and wireless industry for 2012. A copy of the report can be downloaded from Juniper Research, with registration here. Are they on-target or off-the-wall?

Recession Likely to Hit Smart Device SalesRecession Likely to Hit Smart Device Sales. Juniper Research says the continued recession will hurt smartphone and tablet sales. They believe tablet sales will be hurt more than “must-have” smartphones.

They say cash-strapped consumers may opt for the lower-priced tablets. This could benefit players such as Amazon (AMZN) Kindle Fire or ARCHOS (ALJXR) ARNOVA branded devices rather than an Apple (AAPL) iPad. eReaders are most likely to be the hardest hit according to the report.

The Year of the Quad-Core Processor2012 – The Year of the Quad-Core Processor. ASUS (2357) was the first to release Quad-Core Processor. The new chip appeared n November 2011, It ran on the Eee Pad Transformer Prime with the newly launched NVidia (NVDA) Tegra 3 chip. Qualcomm (QCOM) has also added a quad-core chip to their Snapdragon line. Juniper Research expects more to come.

Quad-core processors offer improved performance and increased battery life. The performance boost comes from being able to multi-task more efficiently. It ensures that music will keep playing smoothly while the user is playing games or taking pictures. The power savings come from being able to keep those cores at a relatively low clock speed.

Quad-core processors will allow developers to add more realistic effects, getting ever closer to the elusive console-quality experience. The Tegra 3 even allows for controller support and mirroring to a 3D TV. Javascript and Flash will also run faster allowing web developers to create more graphics and script-heavy apps and pages.

Windows 8 OS to Fuel Nokia RevivalWindows 8 OS to Fuel Nokia Revival Disrupt Tablet Market.  Microsoft’s (MSFT) next OS will be compatible with both Intel and ARM architectures.  Windows 8 will run on both PC and mobile devices. The research firm believes Windows 8 will create a huge ecosystem of devices from smartphones to desktops for app developers to target. Juniper Research expects Microsoft to gain market share in the tablet space, as it replaces the non-tablet-optimized Windows 7. And, with Nokia (NOK) transitioning its existing (smartphone) and new products (likely to include a tablet) to Microsoft’s platform, the Finnish giant will be fighting back after spending several years losing market share to Google (GOOG) Android and Apple iOS devices.

High Profile Malware Attacks on Mobile Devices2012 to see High Profile Malware Attacks on Mobile Devices. There have been many malware attacks targeted at mobile devices. However, these attacks have been relatively small-scale. This is unlikely to continue. Cyber-criminals will not be able to pass up the opportunity that consumer smartphones and tablets will present. Juniper Research anticipates that 2012 will see several high-profile, international attacks on various mobile OSs. Consumers at large must bed aware of the pressing need to protect their smart devices by installing security software.

Cloud Mobility to Drive Collaborative CommunicationsCloud Mobility to Drive Collaborative Communications – The BYOD trend driven by the consumerization of enterprise IT will increase according to the research firm. Specifically, Juniper Research believes that 2012 will see a substantial increase in the number of enterprises moving to develop and deploy mobile-centric, social business strategies.

Other predictions from Juniper Research include:

  • The London 2012 Olympics will boost mobile advertising and M-Gambling, and kickstart NFC.
  • Mobile Coupons to drive the mCommerce market despite economic stagnation.
  • MEMsaccelerometers and gyroscopes to transform the sensor market for mobile devices.
  • Social Gaming will become a major mobile play with the introduction of synchronous gaming.
  • Online, Mobile and Physical will begin to fuse into one retail market.

 rb-

I’ll come back to these predictions at the end of the year and see which predictions were on target or off in space somewhere.

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Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedIn, Facebook, and Twitter. Email the Bach Seat here.

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