Nvidia Corp. said Anthropic PBC , OpenAI and SpaceX are among the first big users of its upcoming microprocessor, securing key customers for its latest attempt to expand an already extensive footprint in AI data centers. Company co-founder and Chief Executive Officer Jensen Huang name-dropped the artificial intelligence developers in a presentation at the Computex conference in Taiwan. They’ll be ...
Nvidia Corp. said Anthropic PBC , OpenAI and SpaceX are among the first big users of its upcoming microprocessor, securing key customers for its latest attempt to expand an already extensive footprint in AI data centers. Company co-founder and Chief Executive Officer Jensen Huang name-dropped the artificial intelligence developers in a presentation at the Computex conference in Taiwan. They’ll be among the first to use the Vera central processing units from Nvidia in their data centers, he said. The new product will go into full production in the third quarter of this year. Nvidia is making a concerted effort to demonstrate to customers and investors that it’s aware and already ahead of the shifting trends in the technology of AI data centers. As the bulk of the work moves from training the software to running it and related services, there’s been increasing talk of using more general—purpose CPUs and concern than Nvidia’s AI accelerators might become less crucial. Vera is Nvidia’s first standalone data center microprocessor that goes head to head with Intel Corp. ’s Xeon line, Advanced Micro Devices Inc. ’s Epyc chips and in-house programs at large-scale operators like Amazon.com Inc. ’s Graviton. Last month, Huang said that Nvidia continues to gain share at customers such as Amazon, despite their attempts to carve out independence in components. He’s also continuing to assert that Nvidia is the only company that produces all of the components that data center operators need and has integrated them into computers in a way that even customers with limited expertise can deploy quickly. Read More: Nvidia Tells Skeptical Investors AI Is Set to Go Mainstream Huang said that Vera is 1.8 times faster at essential AI-related workloads than Intel technology-based chips known as x86. That’s the first time Nvidia’s thrown down the gauntlet of performance comparisons against products that, up until now, have been the industry standard. Separately, Nvidia has updated and extend...
(Bloomberg) -- Nvidia Corp. said Anthropic PBC, OpenAI and SpaceX are among the first big users of its upcoming microprocessor, securing key customers for its latest attempt to expand an already extensive footprint in AI data centers.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedStrait of Hormuz Ship Transits Are Rising Thanks to US HelpAmericans Injured in ...
(Bloomberg) -- Nvidia Corp. said Anthropic PBC, OpenAI and SpaceX are among the first big users of its upcoming microprocessor, securing key customers for its latest attempt to expand an already extensive footprint in AI data centers.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedStrait of Hormuz Ship Transits Are Rising Thanks to US HelpAmericans Injured in Iranian Missile Strike on Kuwaiti Air BaseAmericans Hurt in Kuwait as Trump Sends Mixed Signals on W
Tesla (NASDAQ:TSLA) on Monday backed away from terminating its supply deal with Australia’s Syrah Resources after the graphite producer demonstrated progress in meeting product qualification requirements. The EV maker accepted that the Syrah had produced conforming natural graphite active anode material samples and made sufficient progress to tackle an alleged default under their offtake agreement...
Tesla (NASDAQ:TSLA) on Monday backed away from terminating its supply deal with Australia’s Syrah Resources after the graphite producer demonstrated progress in meeting product qualification requirements. The EV maker accepted that the Syrah had produced conforming natural graphite active anode material samples and made sufficient progress to tackle an alleged default under their offtake agreement, the graphite producer said in a statement. Qualification Work Continues Tesla’s decision does not
Cost savings from automation are broadly falling short of projections, according to a new Bain & Co. global survey of large companies. The missed targets “should be making executives uncomfortable,” especially since many of them are approving increased spending for artificial intelligence on the basis of expected savings, the consulting firm said in a report shared exclusively with Bloomberg News....
Cost savings from automation are broadly falling short of projections, according to a new Bain & Co. global survey of large companies. The missed targets “should be making executives uncomfortable,” especially since many of them are approving increased spending for artificial intelligence on the basis of expected savings, the consulting firm said in a report shared exclusively with Bloomberg News. “Self-funding the next wave from past returns sounds like discipline. In reality, it is a circular bet with a structural leak,” the report said. The survey, completed in April, was based on responses from executives at 951 companies with more than $100 million in revenue, across nine sectors: retail, technology, advanced manufacturing, healthcare, consumer products, energy, financial services, telecom/media/entertainment and insurance. Among companies measuring their AI cost savings, the largest share (40%) realized reductions of 10% or less. Most had been expecting to see more meaningful improvement. “The prior wave underdelivered. The savings pool is smaller than assumed,” Bain warned. “And the investment case for the current wave was sized against projections rather than actuals.” While some companies are funding fresh investment in generative and agentic AI with realized savings, the largest share (44%) cited targeted savings among their top sources of funding for the next wave of outlays, according to the report. In a similarly cautionary report last year showing 95% of corporate AI pilots fall flat, an MIT research group concluded that the “primary factor keeping organizations on the wrong side of the GenAI Divide is the learning gap, tools that don't learn, integrate poorly, or match workflows.” The Bain report isolated a different problem. “Despite a decade of investments in data modernization running well into hundreds of billions of dollars globally, the No. 1 reason AI programs underperform is that companies cannot reliably get access to their own data,” Bain sa...
BE Networks, a leading provider of networking and observability software solutions for AI datacenters today announced that it is working with IREN Limited (NASDAQ: IREN), a leading next-generation data center and AI cloud infrastructure company, to leverage NVIDIA DSX Air to simulate and validate the network architecture supporting IREN's upcoming deployment of more than 50,000 NVIDIA Blackwell Ul...
BE Networks, a leading provider of networking and observability software solutions for AI datacenters today announced that it is working with IREN Limited (NASDAQ: IREN), a leading next-generation data center and AI cloud infrastructure company, to leverage NVIDIA DSX Air to simulate and validate the network architecture supporting IREN's upcoming deployment of more than 50,000 NVIDIA Blackwell Ultra GPUs.