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Home Business & Finance Economic Policies

Nvidia: One company that can make it big in the next wave of AI other than Nvidia; CEO Jensen Huang singles out this big winner todayheadline

November 28, 2024
in Economic Policies
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Nvidia: One company that can make it big in the next wave of AI other than Nvidia; CEO Jensen Huang singles out this big winner
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Nvidia’s stocks are also on an exponential rise as of now, with the company being one of the most important player in the world of artificial intelligence. Nvidia’s GPU still remain the gold standard for powering large-scale AI models, even beating the likes of its competitors in the same genre. Nvidia’s third-quarter earnings have also reported a massive boom, which can reportedly increase over time, as Enterprise AI is in full throttle, which is the next big thing in AI, according to a Motley Fool report.

What is Enterprise AI that can help boost Nvidia?

Enterprise AI refers to the application of artificial intelligence (AI) technologies within large organizations to streamline operations, improve decision-making, and enhance customer experiences, but there is also an argument that it goes beyond simple automation. involves using AI to solve complex business problems that require human-like intelligence, such as understanding customer behavior, optimizing logistics, or detecting fraud.

Nvidia CEO also talked about Accenture’s initiatives in enterprise AI. Huang noted that Accenture has launched a latest business unit with roughly 30,000 professionals trained in Nvidia’s latest AI tech. This group will help in rolling out Nvidia AI Enterprise across the world. Accenture is also using enterprise AI on an internal basis of now. Huang also mentioned the company’s efforts to use AI agents in their respective marketing campaigns.

FAQs:

Is Nvidia developing its own AI?
NVIDIA is currently a major player in the AI industry. They are known for their powerful GPUs which are essential for training and running complex AI models. NVIDIA’s GPUs are used in various AI applications.

Can Nvidia AI run cars?
Yes, using proper technology, powering the AI systems that enable self-driving cars. NVIDIA also offers a range of AI software and platforms.

Disclaimer Statement: This content is authored by a 3rd party. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated, and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein.

Tags: AccentureAI applicationsAI industryAI technologiesBigCEOCEO Jensen HuangcompanyEnterprise AIGPU technologyHuangJensenNvidiaSinglestodayheadlinewavewinner
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