Industry

Industry

The business side of tech. Analysis on tech giants, startups, market trends, emerging technologies, and policies shaping the IT landscape.

graphcore openai large language model

British AI company Graphcore is trying to sell its accelerator business, perhaps to OpenAI

The company's IPUs are seemingly much better than GPUs for AI
The big picture: AI algorithms are spreading rapidly, and the demand for GPUs and other specialized chips designed to accelerate AI workloads is continuously increasing. Graphcore could offer an intriguing alternative to Nvidia's GPUs, but despite its potential, the company is struggling to attract buyers for its products and is now up for sale.
nvidia rtx super geforce gpu ces pc gaming graphics card geforce rtx

Nvidia soaring market cap nears Amazon and Alphabet, fueled by surging AI demand

Nvidia is now worth $1.7 trillion -- make that $1.82 trillion...
Jackpot baby! Artificial intelligence has proven incredibly fruitful for Nvidia and its shareholders over the past year, and could even help the chipmaker surpass Amazon in terms of total market capitalization. Closing at over $720 today, that's an increase of more than 20% year over year and nearly 50% since the beginning of 2024.
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