Last month, Nvidia briefly became the world’s most valuable company, reaching a market capitalisation of $3.3tn. Behind the company’s meteoric rise to the top lies its market dominance in advanced AI chips. Once predominantly-known for its high-performance graphic processing units (GPUs) for gaming, Nvidia tapped its technological strengths to venture into the AI race. Its GPUs excel at parallel processing, simulations, and machine learning tasks, which makes them suitable for the training and deployment of AI models such ChatGPT. Another big strength for Nvidia is the CUDA chip programming platform and software ecosystem, which has established the company as the…
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