For a few days, AI chip juggernaut Nvidia sat on the throne as the world's biggest company, but behind the its staggering success
Aidan Gomez, the CEO and co-founder of Cohere, is photographed during an interview at the Collision 2024 tech conference in Toronto, Ontario, Canada, June 18, 2024. - For a few days, AI chip juggernaut Nvidia sat on the throne as the world's biggest company, but behind the company’s staggering success are questions on whether new entrants can stake a claim to the artificial intelligence bonanza.
Even tech’s second rung on Wall Street has ridden on Nvidia’s coattails with Oracle, Broadcom, HP and a spate of others seeing their stock valuations surge, despite sometimes shaky earnings. Some have tried to build applications that use or mimic the powers of the existing big models, but this is being slapped down by Silicon Valley’s biggest players.
One of the fields ripe for the taking is chip design, Khosla said, with AI demanding ever more specialized processors that provide highly specific powers. Groq CEO Jonathan Ross told AFP that Nvidia won’t be the best at everything, even if they are uncontested for generative AI training. “Open AI and Google aren’t going to build a structural engineer. They’re not going to build products like a primary care doctor or a mental health therapist,” said Khosla.
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