Training generative AI models like ChatGPT requires thousands of the fastest graphics processing units (GPUs). With 88% of the GPU market, Nvidia’s cutting-edge chips are enabling the AI boom as its industry struggles to keep up with exploding demand. Nvidia’s flagship AI chip, the H100, has been fetching $40,000 on eBay—well over its retail price. After touching a $1 trillion market cap in May, the company announced that an even more powerful GPU-CPU combo chip, the GH200 (named after computing pioneer Grace Hopper), has entered full production. Meanwhile, Nvidia’s new supercomputer cloud service lets anyone train their own AI models for $36,999 per month.
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