AI Trends in 2024: A Look Ahead at 10 Predictions
AI Trends in 2024: A Look Ahead at 10 Predictions
Artificial intelligence is the simulation of human intelligence processes by machines, especially computer systems. Specific applications of AI include expert systems, natural language processing, speech recognition and machine vision.

1.Nvidia will significantly intensify its endeavors to establish itself as a prominent cloud service provider.

The majority of organizations do not directly purchase GPUs from Nvidia. Instead, they obtain access to GPUs (Graphic Processing Unit) through cloud providers such as Amazon Web Services, Microsoft Azure, and Google Cloud Platform, which returns procure Nvidia chips in large quantities.

However Amazon, Microsoft, and Google—previously Nvidia's key clients—are swiftly transforming into its rivals. Acknowledging the substantial value associated with the silicon layer in today's AI landscape, as evidenced by Nvidia's stock price, these prominent cloud providers are making substantial investments in creating their proprietary AI chips, directly challenging Nvidia's GPUs.

As cloud providers aim to venture deeper into the technology stack to seize additional value at the silicon layer, it wouldn't be unexpected for Nvidia to take a contrary approach. This could involve the company providing its own cloud services and managing its own data centers, thereby lessening its conventional dependence on cloud companies for distribution.


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