Nvidia CEO Unveils AI Supercomputer at CES 2023

Nvidia CEO Jensen Huang was received with great enthusiasm at the CES tech conference in Las Vegas, following Nvidia's rise as the world's second-largest company by value, driven by an AI boom. During his keynote, Huang unveiled "Project Digits, " a compact AI supercomputer aimed at researchers and smaller businesses, featuring the Grace Blackwell GPU paired with an ARM-based Grace CPU, developed with MediaTek. Priced at $3, 000, it targets machine-learning researchers and universities, offering advanced AI capabilities without the need for massive data centers. CES saw various AI tech unveilings, including Lenovo's rollable screen laptop and new robots. Project Digits signifies Nvidia's business diversification from consumer GPUs to AI tools for research.
It represents a shift with 88% of Nvidia's revenue coming from data center sales as noted by Wall Street, which focuses on Nvidia diversifying its business. Analyst Ben Reitzes highlighted Project Digits' potential impact, suggesting it could challenge the $50 billion PC and laptop chip market. David Bader from NJIT praised the device's affordability and capabilities, which can enable academics to undertake AI research without huge investments. Huang hinted at further plans but maintained some mystery about future developments, including potential Windows compatibility.
Brief news summary
At the CES event in Las Vegas, Nvidia CEO Jensen Huang garnered significant attention, likened to the acclaim previously reserved for Steve Jobs. Nvidia is strategically expanding into the AI sector and has become the second most valuable company globally. Huang introduced Project Digits, an AI supercomputer designed for machine-learning researchers, smaller businesses, and universities with limited budgets. Priced at $3,000, this initiative expands Nvidia's reach beyond its traditional gaming GPU market by offering an accessible platform for AI model development. This move highlights Nvidia's diversification as data center sales now account for 88% of its $35 billion revenue. While Project Digits is a tentative name, analysts David Bader and Ben Reitzes emphasize its potential impact on academia and the $50 billion PC and laptop chip market, suggesting it could offer a competitive advantage over major cloud providers. Scheduled for release in May through Nvidia and its partners, Project Digits is poised to enhance Nvidia's influence in the tech industry.
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