“We need bigger GPUs.”

That’s what Nvidia CEO Jensen Huang said Monday at the company’s developer conference. Nvidia shares are up fivefold, and sales have more than tripled since OpenAI’s ChatGPT kicked off the AI boom in late 2022.

But obviously, Nvidia isn’t resting on its laurels. The way Huang talks, you might think they’re just scratching the surface amid the AI revolution. He announced a new generation of AI chips and software for AI models.

After all, Nvidia is basically the modern-day version of John D. Rockefeller’s Standard Oil Company: Nvidia’s high-end GPUs are critical for training and deploying AI models, and companies like Microsoft and Meta have spent billions buying the “chips.”

🤔 Could this still be the start?

— Matthew & Shawn

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