#ai-chips

#ai-chips

CEO Jensen Huang showed off Cosmos, an AI foundation model trained on massive datasets, capable of simulating environments governed by actual physics. He also announced Alpamayo, an AI model specifically designed for autonomous driving. Huang revealed that Nvidia's next generation AI superchip platform, dubbed Vera Rubin, is in full production, and that Nvidia has a new partnership with Siemens. All of this shows Nvidia is going to fight increased competition to retain its reputation as the backbone of the AI industry.

On Wednesday, shares of MetaX Integrated Circuits Shanghai - a GPU startup founded by former AMD executives - skyrocketed as much as 755% on their first day of trading on the Shanghai Stock Exchange's tech-focused STAR Market, before closing up about 700%. The surge catapulted its chairman and cofounder, Chen Weiliang, into one of China's fastest-rising tech moguls. Chen's stake in MetaX is worth about $6.5 billion, according to the Bloomberg Billionaires Index.

TSMC is the other. TSMC is using its 3nm process, reportedly, while Samsung will do a 2nm as a litmus test for the process. The different versions are due to the fact that 'they translate designs to physical form differently,' CEO Elon Musk said recently. The goal is for the two to operate identically, obviously, which is a challenge. Some might remember Apple's A9 'Chipgate' saga, which found that the chips differed in performance because of different manufacturers.

If you want to build a data center here in the United States from breaking ground to standing up a AI supercomputer is probably about three years,

Layoff announcements this year top 1.1 million, the most since 2020 when the pandemic hit, according to the Challenger jobs report, which has taken on a bit more significance lately due to the patchy official labour market data in the wake of the US government shutdown. The firm said layoff plans hit 71,321 in November, a down from the huge (22yr high for the month) cuts announced in October...the 1.17mn total is 54% higher than the same 11-month period a year ago

When it comes to Chinese internet giant Baidu ( NASDAQ:BIDU), I think investors stand to get AI-powered growth at a very reasonable price. Additionally, with a 0.43 beta, investors might be able to enjoy a less choppy ride once the next market-wide correction in U.S. markets finally happens. At the time of this writing, shares of Baidu trade at 10.8 times trailing price-to-earnings (P/E). Good luck finding anything that cheap that's remotely tied to the AI trade.

"You know the phrase '30 days from going out of business,' I've used for 33 years," Huang said on an episode ofThe Joe Rogan Experienc. "But the feeling doesn't change. The sense of vulnerability, the sense of uncertainty, the sense of insecurity-it doesn't leave you." Nvidia has made itself one of the clear leaders in the AI race. What started as a graphics card producer grew into a tech powerhouse, building chips, systems, and software that power most large AI models in cloud data centers around the world.