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The budding partnership between these 2 AI tech giants is a win-win, Jim Cramer says

Google Cloud CEO Thomas Kurian spoke at a cloud computing conference held by the company in 2019, highlighting the deepening partnership between Club holdings Nvidia and Alphabet as a win for both technology giants in the race to dominate artificial intelligence.

cnbc.com
Relevant topic timeline:
- Jensen Huang, CEO of Nvidia, is heavily involved in the day-to-day operations of the company, including reviewing sales representatives' plans for small potential customers. - Huang has an unusually large number of direct reports, with about 40 individuals reporting directly to him. - This is significantly more than most CEOs in the technology industry and surpasses the combined number of direct reports for Mark Zuckerberg and Satya Nadella. - Huang's deep involvement in the company's operations reflects his hands-on approach and commitment to the success of Nvidia. - This level of involvement may contribute to Nvidia's success in the artificial intelligence industry.
- Aidan Gomez, CEO of Cohere, and Edo Liberty, CEO of Pinecone, will be participating in a live audio chat with subscribers to discuss the future of AI. - The discussion will be led by Stephanie Palazzolo, author of AI Agenda, and will cover the rapidly developing field of AI. - The article mentions the ongoing shortage of Nvidia's cloud-server chips and the competition between Nvidia and cloud providers like Amazon Web Services. - Nvidia is providing its latest GPU, the H100, to cloud-server startups like CoreWeave, Lambda Labs, and Crusoe Energy to promote competition and showcase its capabilities. - The article is written by Anissa Gardizy, who is filling in for Stephanie as the cloud computing reporter for The Information.
- Nvidia is giving its newest AI chips to small cloud providers that compete with major players like Amazon Web Services and Google. - The company is also asking these small cloud providers for the names of their customers, allowing Nvidia to potentially favor certain AI startups. - This move highlights Nvidia's dominance as a major supplier of graphics processing units (GPUs) for AI, which are currently in high demand. - The scarcity of GPUs has led to increased competition among cloud providers and Nvidia's actions could further solidify its position in the market. - This move by Nvidia raises questions about fairness and competition in the AI industry.
- Amazon Web Services (AWS) is facing pressure as its growth and profit margins decline, while competitors like Microsoft and Google gain ground in the artificial intelligence (AI) market. - AWS CEO Adam Selipsky defended the company's position in the generative AI race, stating that AWS is not behind. - AWS announced that its servers powered by Nvidia H100 graphics processing units are now available to customers, but only in its North Virginia and Oregon data centers. - The company's second quarter earnings report is expected to address concerns about AWS and AI. - Nvidia is supporting multiple cloud-provider startups, further intensifying competition in the AI market.
Nvidia's CEO, Jensen Huang, predicts that the artificial intelligence boom will continue into next year, and the company plans to ramp up production to meet the growing demand, leading to a surge in stock prices and a $25 billion share buyback.
Cloud computing stock ServiceNow is forming a base and expanding its AI offerings through partnerships with companies like Nvidia, boosting its workflow automation system and productivity.
Nvidia, the world's most valuable semiconductor company, is experiencing a new computing era driven by accelerated computing and generative AI, leading to significant revenue growth and a potential path to becoming the largest semiconductor business by revenue, surpassing $50 billion in annual revenue this year.
Nvidia shares reach record high after announcing partnership with Google to expand distribution of their AI technology.
Nvidia and Google Cloud Platform are expanding their partnership to support the growth of AI and large language models, with Google now utilizing Nvidia's graphics processing units and gaining access to Nvidia's next-generation AI supercomputer.
Shares of Alphabet, C3.ai, and MongoDB rallied after Alphabet announced new AI features and partnerships at its Google Cloud Next conference, while new macroeconomic data showing a decline in job openings boosted hopes that the Federal Reserve may halt interest rate hikes without causing a recession.
Google CEO Sundar Pichai sent a note to staff reflecting on the company's rush to build generative AI into its core products, announcing new announcements and products being launched at its annual Cloud Next conference and teasing new hardware products coming in a few months.
Google Cloud's Engineering Director of Web3, James Tromans, states that Google aims to bridge the gap between AI and Web3 by focusing on digital ownership, data provenance, and security rather than speculation on token value, and emphasizes the importance of Web3 technologies being adopted ubiquitously and equitably.
Thomas Kurian, CEO of Google Cloud, will be discussing his big bet on AI and building an open ecosystem of AI partners at TechCrunch Disrupt 2023, where he will also preview what's next for Google Cloud and AI in general.
Nvidia announced partnerships with Indian conglomerates Reliance Industries and Tata Group to develop cloud infrastructure, language models, and generative applications, deepening its presence in India's emerging AI ecosystem.
Google CEO Sundar Pichai discusses Google's focus on artificial intelligence (AI) in an interview, expressing confidence in Google's AI capabilities and emphasizing the importance of responsibility, innovation, and collaboration in the development and deployment of AI technology.
Google CEO Sundar Pichai expects the company's longstanding relationship with chipmaker Nvidia to continue over the next 10 years, citing Nvidia's strong track record in AI innovation and the dynamic nature of the semiconductor industry.