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Nvidia has injected $150 million investment in Kore․AI, an artificial intelligence chatbot, joining forces with notable investors such as FTV Capital, Coca-Cola, and Airbus. According to Raj Koneru, the CEO of Kore․AI, the company is experiencing exponential growth and is gearing up for an IPO.
Meta founder Mark Zuckerberg has announced his company's hefty investment in Nvidia graphics cards, pouring billions into the development of artificial general intelligence (AGI). This AI aims to execute tasks with human-like proficiency. Zuckerberg anticipates Meta's inventory of H100 graphics cards to reach 350,000 units by the end of 2024.
The scientists at Nvidia have pioneered a new technique that converts textual content into imagery, helping to tackle the data storage predicaments that arise during the formation of novel models.
Currently, the specifics of a single concept occupy roughly 100 KB. This efficiency stems from the fact that the approach doesn't reengineer the entire model; instead, it adjusts select "internal representations", bypassing the need to retrain the model entirely. Tether’s Multimillion-Dollar Foray into AI and Mining
Tether Group has invested $420 million in computer chips. Specifically, they acquired 10,000 H100 GPUs from Nvidia, a popular choice in the artificial intelligence sector. This deal also includes a 20% ownership stake in Northern Data, a German-listed bitcoin mining company.
Rishi Sunak is directing public funds toward acquiring high-performance artificial intelligence chips to ensure the country remains competitive in the global race for computing capabilities. The government has initiated talks with major IT firms such as Nvidia, AMD, and Intel to secure resources for a national “AI Research Resource.” This effort aligns with prime minister’s vision to establish Britain as a leading force in the field of artificial intelligence. Though the project has been allocated £100 million, there are concerns that this funding might fall short of the government’s AI aspirations. Government officials are advocating for additional funding in the coming months to match the scale of this initiative. Graphics Processing Units (GPUs) are vital components in constructing AI systems like ChatGPT, with the latest version trained on as many as 25,000 Nvidia chips. Nvidia Ignites Stock Market with AI
The current excitement surrounding GPUs is intrinsically linked with AI development, which has remarkably altered the technology market in recent months. GPUs, or Graphics Processing Units, manage the processing and display of computer graphics and enhance the rendering speed on device screens. NVIDIA Finds a New Gold Mine in AI
In a recent interview with The Guardian, Michael Kagan, the CTO of well-known GPU manufacturer NVIDIA, made a bold statement about cryptocurrencies. According to him, despite the fact that the industry has brought the company huge profits in 2021, cryptocurrencies do not provide any value to society. 







