Now that the pandemic-era semiconductor shortage is subsiding, a new chip shortage has emerged as companies scramble to get their hands on GPUs used to power artificial intelligence.
Meanwhile, deep pockets continue to enter the AI market, gobbling up chips and driving prices even higher.
The Financial Times reported this week Saudi Arabia purchased at least 3,000 of NVIDIA's high-powered H100 chips for $40,000 each, and last week the outlet reported four ChineseThe Nvidia Corporation logo during the annual Computex computer exhibition in Taipei, Taiwan, May 30, 2017. The soaring demand is creating significant concern from startups seeking to enter the AI space over fears they will not be able to access the chips they need when ready to launch."There’s a lot of worry from AI startups that there may not be enough GPUs available to serve inference [the process of generating answers from AI models] when they find commercial success," CoreWeave co-founder and CTO Brian Venturo told Barron's Tech in a recent interview.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
2 Stocks That Will Thrive From a Surging AI Chip Market, Says J.P. MorganBroadcom and Marvell Technology will win big time from custom chip design, according to analyst Harlan Sur.
Read more »
Google killed the gaming Chromebook, but it isn't a big dealCode changes seem to indicate that Google has killed plans to make a gaming Chromebook with Nvidia RTX GPUs, but does it really matter?
Read more »
Ice cream prices double in 1 month as Argentina battles massive inflationAn Argentine store owner was surprised by an updated price list from the supplier, revealing prices of snacks, condiments, sodas, and ice creams, surging up to 60% since late July.
Read more »
Sacks Parente Golf stock's rapid meltdown is a cautionary taleAfter surging 624% Tuesday upon making their IPO debut, shares of Sacks Parente Golf finished the week well below their initial public offering price of $4.
Read more »
Exclusive NYPD ride along exposes illicit sex trade in NYC, what officers are doing to stop itEyewitness News reporter Josh Einiger got an exclusive look at the NYPD's new strategy to combat the illicit sex trade surging in some parts of New York City.
Read more »
Ecuador holds presidential election amid heightened violenceVoters will choose between eight candidates, who face the challenges of surging crime across the South American country and a struggling economy.
Read more »