The #AIEye: NVIDIA (Nasdaq: $NVDA) Introduces TensorRT 7, Provides Access to Deep Neural Networks for Autonomous Vehicles, Baidu (Nasdaq: $BIDU) and Samsung Ready for #AI-Chip Production in 2020
Global AI Chip Market to Grow $36.6 Billion from 2019-2023
Point Roberts WA, Vancouver BC – December 18, 2019 – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of The AI Eye- watching stock news, deal tracker and advancements in artificial intelligence.
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Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NasdaqGS:NVDA) (NasdaqGS:BIDU) (KSE:005930)
NVIDIA Corporation (NasdaqGS:NVDA) today introduced the TensorRT 7, which is “the seventh generation of the company’s inference software development kit” to deliver conversational AI applications. NVIDIA founder and CEO Jensen Huang, explained:
“We have entered a new chapter in AI, where machines are capable of understanding human language in real time. TensorRT 7 helps make this possible, providing developers everywhere with the tools to build and deploy faster, smarter conversational AI services that allow more natural human-to-AI interaction.”
The company also announced that it will provide the transportation industry with access to its NVIDIA DRIVE deep neural networks (DNNs) for autonomous vehicle development on the NVIDIA GPU Cloud (NGC) container registry. Huang said:
“The AI autonomous vehicle is a software-defined vehicle required to operate around the world on a wide variety of datasets. By providing AV developers access to our DNNs and the advanced learning tools to optimize them for multiple datasets, we’re enabling shared learning across companies and countries, while maintaining data ownership and privacy. Ultimately, we are accelerating the reality of global autonomous vehicles.”
Baidu, Inc. (NasdaqGS:BIDU) and Samsung Electronics (KSE:005930) revealed that the former’s first cloud-to-edge AI accelerator, Baidu KUNLUN, has completed its development and will be mass-produced in early 2020. The KUNLUN is manufactured on Samsung's 14nm process technology. OuYang Jian, Distinguished Architect of Baidu, commented:
"We are excited to lead the HPC industry together with Samsung Foundry. Baidu KUNLUN is a very challenging project since it requires not only [a] high level of reliability and performance at the same time, but is also a compilation of the most advanced technologies in the semiconductor industry. Thanks to Samsung's state of the art process technologies and competent foundry services, we were able to meet and surpass our goal to offer superior AI user experience."
Global AI Chip Market to Grow $36.6 Billion from 2019-2023
A report from Technavio finds that the global AI Chips market will grow $36.6 billion from 2019 to 2023 and in that forecast period will witness a compound annual growth rate (CAGR) of roughly 39 percent. An excerpt from the report snapshot reads:
Most of the online services of companies are run with the help of data centers. These data centers contain thousands of servers which operate with the help of a chip called CPU. The growth of the AI market has led companies to offer CPUs with additional processors that form deep neural networks. These neural networks require more power than ordinary CPUs to analyze huge amounts of data for learning and performing a task. Thus, the improvement of efficiency and reduction of power consumption is necessary for data centers which process large amounts of data. The use of AI technology allows data center providers to achieve better energy efficiency, server optimization, infrastructure management, and security.
Sam Mowers, Investorideas.com
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