Tech gaints, Nvidia has outshined apple in a remarkable show of dominance.
The company founded by Jensen Huang ,Chris and Curtis Priem has now become the world’s most valuable firm, with a staggering networth of over 3 trillion.
This milestone shows Nvidia’s rapid ascent amid the artificial intelligence boom, with the company’s market valuation momentarily peaking at $3.53 trillion—just above Apple’s $3.52 trillion.
The company’s latest feat comes due to a peculiar interest in it’s AI chip.
Also, Ogbonoblog learned that a $6.6 billion funding round was received from OpenAI, the creators of ChatGPT, which relies on Nvidia’s GPUs to train its language models.
co-founders of Nvidia during its early years aimed to accelerate the field of computing, particularly in graphics processing, identifying video games as a lucrative market due to their computational demands.
With initial funding of $40,000 and securing $20 million in venture capital from investors like Sequoia Capital, Nvidia set out to revolutionize graphics acceleration.