📈 How Nvidia rode the AI wave to $1T!

+ AI improves cancer treatments... again! 🏥

Matt V
September 11, 2023

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📈 How Nvidia rode the AI wave to $1T!
📖 Book recommendation
🏥 AI improves cancer treatments… again!
💡 AI-nspirational quote of the day
📸 AI image of the day

📈 HOW NVIDIA RODE THE AI WAVE TO $1T!

It wasn’t long ago that Nvidia was a somewhat niche computing company, well known to PC gamers but generally unknown by the public - at least compared to a behemoth like Apple.

But AI has skyrocketed Nvidia into the public conscience. Their H100 GPU was engineered to do AI heavy lifting - and the AI explosion has come at precisely the right time for them.

Everyone wants them – not just tech companies but, countries like Saudi Arabia and the UAE. Demand wildly exceeds supply.

In a stroke of genius (or luck) Nvidia had prebooked scarce (4-nanometre) production capacity at TSMC, the only place in the world that can make them, when demand was slack during Covid. So, for the time being at least, if you want to get into the AI business, you HAVE to use Nvidia GPUs.

In their latest earnings, they announced they had pulled in $13.5bn in revenue in the last quarter, which was at least $2bn more than predicted. Their valuation has once again risen above $1T, but this time it looks like it will stay there.

It’s really looking like this for Nvidia at the moment.

Nvidia doesn't look like slowing down anytime soon. Can anyone compete with them on AI compute power?

Who is the most likely to take Nvidia's AI crown?

📖 BOOK RECOMMENDATION

The best books to dive deeper and get real insights on artificial intelligence

You Look Like a Thing and I Love You

"You Look Like a Thing and I Love You" by Janelle Shane offers an accessible and enjoyable exploration of artificial intelligence. The book takes a lighthearted and quirky approach to AI, highlighting its eccentric behaviours and her experiences with AI models.

🏥 AI IMPROVES CANCER TREATMENTS… AGAIN!

We should probably rename this section “AI Healthcare Story of the Week”.

So, what’s AI done this time?

Well, if you didn't know, patients undergoing radiotherapy are at a high risk of damage to other organs. For example, 15% of lung cancer patients go on to suffer from heart disease.

Now AI is being used to help change that. A new study called RAPID-RT, will use AI to map out the tumour in the lung and limit the damage to other organs including the heart.

Traditionally doctors have had to draw a line around healthy organs on scans manually ahead of radiotherapy to protect healthy tissue surrounding the cancer from being exposed to radiation. This can take between 20 minutes and three hours for each patient.

The use of AI will significantly speed up this process, allowing more patients to be treated.

The wins keep coming.

Learn more about the study in The Telegraph.