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Nvidia is now a $1 trillion company thanks to the AI boom

Illustration of the Nvidia wordmark on a green and black background.
Illustration by Alex Castro / The Verge

Nvidia has just become a $1 trillion company, with its rising valuation fueled by tech companies big and small racing to add generative artificial intelligence tools to their products. AI tools made up the vast bulk of recent Google I/O and Microsoft Build presentations, and Nvidia’s chips make it a key supplier for companies trying to build something with AI.

Over the weekend, Nvidia’s Computex 2023 keynote was full of AI announcements, including a demo of games using its Avatar Cloud Engine (ACE) for Games to support natural language both for input and responses and a new supercomputer built around its latest GH200 Grace Hopper Superchip capable of an exaflop of GPU performance.

Image: Google

Nvidia’s stock…

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Author: Wes Davis. [Source Link (*), The Verge – All Posts]

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