Nvidia Case Study
The company was founded in late April 1993 by Jensen Huang, Curtis Priem, and Chris Malachowsky to tackle computing challenges through AI and digital twins. The company is into the manufacturing of computer graphics cards, like GeForce RTX 30, RTX 20, and GTX 16. The latest graphic card they launched is the GeForce RTX 40 Series. Today I will be discussing what NVIDIA is, its workings, the latest technology, and how it became a $3 trillion brand.
What is Nvidia?
NVIDIA Corporation is an American MNC & Technology company with headquarters in Santa Clara, California, and was incorporated in Delaware. The company is well known for designing and manufacturing Graphic Processing Units (GPUs).
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Inventors thought that a specialized GPU would be required for computer graphics to progress. Computer games used to be solely CPU-based. However, game technology was developing, and Windows gradually replaced MS-DOS. The math processor in the CPU was just insufficient for the amount of floating-point math work required for graphics, particularly 3D graphics.
NVIDIA expanded from gaming GPUs into high-performance computing (HPC) and artificial intelligence (AI), using the same powerful chips for broader computational tasks.
Bit into the History
When NVIDIA entered the GPU market in the early 1990s, it faced tough competition from companies like ATI, Matrox, and 3Dfx. However, the launch of the GeForce card in 1999 set it apart with advanced 3D graphics and lighting capabilities. After AMD acquired ATI in 2006, NVIDIA became the dominant player and sought to expand GPU applications. In 2004, NVIDIA developed CUDA, a GPU programming language similar to C++, giving developers direct access to GPU programming. This enabled the creation of highly parallel programs for simulations, visualizations, and data-intensive tasks.
In 2008, NVIDIA introduced the Tegra system-on-chip (SoC) line, combining an Arm CPU with a scaled-down version of their GPU. Tegra paved the way for NVIDIA’s entry into mobile devices and embedded systems. Later in 2020, NVIDIA took a bold step by acquiring CPU designer Arm Holdings. This acquisition aimed to integrate NVIDIA’s GPU technology directly into CPUs, broadening its capabilities across AI, HPC, and data center markets.
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NVIDIA becomes $3 Trillion-Dollar brand, fueling the AI Revolution
With its market valuation reaching $3 trillion on Wednesday, NVIDIA surpassed Apple to become the second-largest publicly traded corporation in the United States, with Microsoft lagging behind.
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The share price of the company has increased by around 200% in the last year.
Three-Pronged Strategy by NVIDIA for Boosting the AI Ecosystem
NVIDIA contributes to the ecosystem in three different ways, accelerating the transformation brought about by accelerated computing. First, through Bhagwati's supervision of NVIDIA's business investments. Secondly, through Siddeek's venture funding arm, NVentures, and Lastly, through their Inception, their platform for assisting new businesses and facilitating their access to venture funding.​
The timing is ideal for supporting businesses using NVIDIA technologies. According to PwC, AI alone might boost the world economy by more than $15 trillion by 2030.​
Additionally, the company is available to assist you if you are currently working on AI and accelerated computing. ​
The outcome was that a group of businesses constantly expanded the field of artificial intelligence like Cohere, CoreWeave, Hugging Face, Inflection, Inceptive, and numerous others are among them. And we're standing next to them.​​​
NVIDIA's inception: the company has assisted startups & connected them with investors
They still provide NVIDIA Inception support to startups. Established in 2016, this worldwide initiative provides free technological and marketing assistance to more than 17,000 companies in more than 125 countries and various industries.
Additionally, they are collaborating with venture capitalists as part of Inception through their VC Alliance program, which provides advantages to their esteemed network of venture capital firms, including introducing entrepreneurs to possible investors.
Collaborating With Pioneers Across All Sectors
Regardless of their affiliation, as investors or partners, we are able to provide businesses with special kinds of assistance.
When it comes to the libraries and framework knowledge required to optimize training and inference pipelines, they have the most.
They possess marketable skills. With a proven track record of collaborating with both cutting-edge startups and global corporations, NVIDIA boasts excellent field sales, solution architect, and developer relations teams.
Their firm is home to individuals who are acknowledged leaders in their domains and who can provide businesses of all sizes and sectors with knowledgeable counsel.
Advancing the most promising discoveries of their period
Their R&D efforts in the semiconductors, systems, and software that support this ecosystem were subsequently strengthened by these investments.
Finding ways to help businesses that rely on NVIDIA's technology with technical resources, marketing support, and funding is more important than ever, since their technologies are positioned to accelerate the work of academics and scientists, entrepreneurs, startups, and Fortune 500 corporations.
In conclusion, business leaders are increasingly turning to Nvidia as a key player in the artificial intelligence revolution, with the company's market valuation soaring and its three-pronged strategy for boosting the AI ecosystem proving successful. The company's investments, collaborations, and support for startups are contributing to the growth of AI technologies, positioning Nvidia as a leader in advancing the most promising discoveries of the current era.
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