Anticipating Nvidia GTC 2024: Insights into the AI powerhouse’s forthcoming conference.

Describing Nvidia (NVDA) as merely “on a hot streak” would be a gross understatement. The company’s stock has surged an astonishing 267% in the past 12 months and a remarkable 79% year to date, establishing itself as a powerhouse in the realm of artificial intelligence. Its graphics cards are coveted by tech companies globally, akin to precious gems, and CEO Jensen Huang is held in similar regard to some heads of state, with demand for his leadership reaching unprecedented levels.

And on Monday, March 18, he’ll kick off Nvidia’s annual GTC conference with a two-hour keynote at the SAP Center in San Jose, Calif., outlining what’s ahead for the company in the year ahead. In prior years, Nvidia has used the show to debut some of its biggest products.

In 2022, it announced its Hopper graphics architecture and H100 graphics processing unit, which is now the go-to card for companies training and deploying AI models. This year, Nvidia is widely expected to debut Hopper and the H100’s successors, kicking off what could be a new rush on the company’s products.

The new architecture, codenamed Blackwell, and GPU, dubbed the B100, are anticipated to offer far better performance when it comes to running models like OpenAI’s GPT-3. Nvidia isn’t exactly hiding its plans for the B100. During the Supercomputer 2023 conference, the company showed off a slide outlining the GPU’s potential capabilities compared to the H100 and H200 cards.

In addition to the Blackwell architecture and B100 card, Nvidia will also likely give attendees and viewers a look at the latest advancements in its CUDA software.

The platform, which lets programmers take advantage of a GPU’s processing capabilities for AI and other applications, is an essential part of Nvidia’s overall enterprise strategy and helps lock in developers who build on Nvidia’s software, virtually ensuring they’ll stick with Nvidia’s products in the future.

Nvidia could also announce that it will begin producing its H20 AI chip for the Chinese market. The chip, according to Reuters, is meant to serve as an alternative to Nvidia’s more powerful H100 and H200 chips. The US prohibits Nvidia from selling those chips to Chinese customers for fear that the Chinese military and government will use them to develop advanced AI applications to rival the US’s.

Those are the big stories we’ll be watching from GTC, but we’ll also likely get plenty of other announcements and debuts from Nvidia and its partners.

Some 300 exhibitors are set to take part in the conference and speakers ranging from OpenAI’s COO Brad Lightcap and Meta’s vice president of AI research Joelle Pineau to Microsoft’s vice president of generative AI Sébastien Bubeck set to make appearances at the show.

Yahoo Finance will be on the ground, bringing you all of the biggest news from the conference and chatting with some of Nvidia’s top executives. Stay tuned.

Source : Yahoo Finance News