Nations building their own AI models add to Nvidia's rising chip demand

Quick Summary:

Businesses have been working to tap into government pushes to build AI platforms in regional languages.

That's up from an earlier forecast of such sales contributing high single-digit billions to total revenue.

But the company described new customers coming from around the world, including governments that are now seeking their own AI models and the hardware to support them.

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Article Details

Category: BusinessFinance

Markets: IndiaChinaJapanSaudi Arabia

Topics: Nvidia AI Chip makers Artifical intelligence Global technology Nvidia chips Tech industry

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-29 @ 09:38:03 (5 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 494 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 38 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22292405

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Official Website: business-standard.com

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News Last Updated: 2 hours ago

Coverage Areas: India

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