NVIDIA’s leading position in the AI community could be challenged with Intel Corporation, a major American business and tech firm, introducing a new AI processor.
Intel Lauds Gaudi 3’s Capabilities Over NVIDIA’s Alternative
At Intel’s Vision event on April 9, it was revealed that they will soon release their new semiconductor named Gaudi 3. Notably, this announcement coincides with a buzz in the chipmaking industry about launching chips capable of training and deploying large AI models. The impressive features of Gaudi 3 have caused quite a stir, raising concerns for market leader NVIDIA.
Intel’s new Gaudi 3 chip, as claimed by Intel, boasts power efficiency that is over twice as great as NVIDIA’s H100 GPU and the capability to run AI models nearly 50% faster. This chip offers versatility in configuration, with options such as having eight Gaudi 3 chips on a single motherboard or creating a card compatible with existing systems.
Intel Vice President of Strategy and Product Management Jeni Barovian said;
Intel’s customers strongly prefer having options in the market. They seek out our company as they believe we, being a pioneer in computing, should embrace (generative AI) technology and provide them with fitting solutions. Moreover, they prefer an open-ended approach.
NVIDIA’s Dominance Is at Risk
NVIDIA holds approximately 83% of the market share in AI chips, posing a significant challenge to tech companies such as Google, Intel, and Qualcomm. In response, NVIDIA has unveiled plans for a new chip named Blackwell, aiming to expand its lead in the industry. With recent accomplishments fueling their momentum, competitors are intensifying efforts to challenge NVIDIA’s market dominance.
Google, Intel, and Qualcomm intend to form the UXL Foundation alliance and collaborate on producing an alternative software. This software aims to diminish NVIDIA’s dominance in AI technology. Specifically, this software will be engineered to work with various types of AI accelerator chips. They plan to utilize Intel’s previously developed OneAPI as a starting point.
Goldman Sachs investment pros are also keeping an eye out for rising AI chipmakers in developing countries that could be the next NVIDIA. With the surge and competition in the artificial intelligence industry, it’s expected that more companies will emerge to challenge NVIDIA’s leadership in the near future.
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2024-04-10 01:27