Another day, another AI chip to add to the heap, although this one does come from one of the most valuable companies in the world right now: Nvidia.
The AI push over the last few years has been nothing short of a gold rush. Every company under the sun is rolling out a new feature, a new tool, or a new chatbot that is powered by this new technology. As a result, chipmakers have been in overdrive, getting out hardware that can process these operations in a more effective way.
Now, Nvidia has announced a new chip, pushing the value of the technology company even higher.
Nvidia Announces New ‘Rubin’ AI Chip
Yesterday at the COMPUTEX tech conference in Taipei, Nvidia announced that it would be building a new AI chip — dubbed Rubin — that would improve on the already impressive technology.
The new chip will reportedly feature both new graphics processing units (graphics processing units) and central processing unit (CPU), as well as advanced networking chips.
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“Today, we’re at the cusp of a major shift in computing. The intersection of AI and accelerated computing is set to redefine the future.” – Jensen Huang, CEO of Nvidia
Don’t hold your breath, though, as the new chip isn’t slated to be available until 2026, which is probably a good thing considering the timeline of its previous AI chip announcement.
Wait, Didn’t Nvidia Just Announced a New AI Chip?
Now, you might be having a bit of déjà vu here, but this one isn’t just a mental phenomenon; it actually happened.
Nvidia announced a new AI chip in March 2024, just three short months ago. The announcement promised similar updates to the hardware in hopes of spurring more effective AI functionality for devices sporting the new chip. So, what’s the deal?
Well, AI chip announced in March 2024 — dubbed Blackwell — is slated to be released in late 2024, whereas Rubin isn’t hitting markets until 2026. And in an industry like AI, speed is becoming more and more important by the day.
The AI Chip Race Is Heating Up
While Nvidia represents 70% of AI semiconductor sales, it’s obviously not the only chipmaker that has been making waves since the AI boom.
In fact, AMD also announced a new chip itself, which will also be available at the end of 2024. Intel is also in the fight to make its AI chips more relevant, although it hasn’t announced a new chip since late 2023.
Still, Nvidia and its AI efforts have quickly made it the third most valuable company in the world over the last few months, and these back-to-back announcements have only improved its standing in the tech industry.
