NVIDIA has launched its highly-anticipated latest generation of GPUs, the RTX 50 series, with significant improvements in speed and performance. The flagship model, RTX 5090, boasts 92 billion transistors and a whopping 3,352 TOPS of AI performance, making it a dream for 4K gaming enthusiasts. While the RTX 5090 is priced at a steep Rs 2,14,000, other variants like the RTX 5080, RTX 5070 Ti, and RTX 5070 offer more affordable options for gamers. However, prices may vary for models from different vendors like ASUS and MSI. Stay updated and informed about these groundbreaking graphics cards for making smarter decisions in your gaming journey.
At CES 2025, NVIDIA's CEO announced the company's latest flagship desktop GPU, the GeForce RTX 50-series, which boasts impressive AI modeling capabilities and can dramatically improve gaming performance. Along with the new graphics cards, NVIDIA also unveiled a new supercomputer for AI research, a humanoid robot learning modality, a world foundation model platform, and a partnership with Toyota for autonomous vehicles. The RTX 50-series will be available in various laptops from popular brands starting in March and April.
The stock market saw a sharp decline on Tuesday, with the S&P 500 and Nasdaq Composite falling 0.9% and 1.6%, respectively. This was fueled by a rise in the yield of 10-year Treasurys, indicating concerns about the future of interest rates. The release of strong economic data, including better-than-expected job openings in November, also raised questions about the Fed's decision-making on rates. The tech sector was hit hard, with AI chipmaker Nvidia's stock dropping 5% after hitting an all-time high earlier in the day.
Intel kicked off Supercomputing 2019 with a bang, unveiling its first 7nm Xe GPU for the data center, codenamed Ponte Vecchio. As the company strives to compete with industry giants Nvidia and AMD, the new GPU is set to make an impact with its high-performance computing and artificial intelligence capabilities. The announcement marks a major step for Intel's re-entry into the discrete GPU market and sets the stage for exciting developments in the future of computing.
Reliance Industries Ltd. (RIL) is preparing for the highly anticipated IPO of its telecommunications subsidiary, Jio Platforms Ltd., with plans for a listing by 2025. The valuation of Jio is currently estimated at over $100 billion, with analysts predicting a potential IPO valuation of $112 billion. The IPO will allow existing investors to exit, while RIL's chairman Mukesh Ambani aims to list Jio as a subsidiary structure rather than demerging it. In 2020, Jio secured investments from several strategic partners, including Meta and Google, and recently announced a partnership with Nvidia to develop AI data centers in India.
Nvidia, one of the top-performing stocks of 2024, has seen impressive market returns due to the growing demand for AI technology in various industries. However, concerns about the company's valuation and a potential AI bubble have emerged. On top of that, Nvidia's largest customer, Super Micro Computer Inc., is facing possible delisting and a DOJ investigation, which could impact the chipmaker's future earnings. With NVIDIA's Q4 2024 earnings report set to be released on November 20, the stock could face further challenges in maintaining its impressive performance.
During the recent Nvidia AI Summit 2024 in Mumbai, Reliance's Mukesh Ambani and Nvidia's Jensen Huang had a conversation on AI and India's role in it. In the chat, Ambani praised Mark Zuckerberg for making Meta's Llama AI model open source. He also added that this move "will be written in history" and give everyone an opportunity to participate in the AI revolution.
At the Nvidia Summit 2024 in Mumbai, Nvidia CEO Jensen Huang met with Reliance chairman Mukesh Ambani to discuss India's potential to become a center of AI. With Reliance's strong resources and investments in AI infrastructure and Nvidia's interest in utilizing the country's fast-growing digital economy, India has become a key player in global AI ambitions. This partnership could lead to significant rewards for both companies, as India's emergence as a top player in the AI race opens new opportunities and access to a vast user base and dataset for training AI models.
NVIDIA has reaffirmed its partnership with Reliance Industries to develop an advanced AI infrastructure in India. At the company's AI summit, CEO Jensen Huang emphasized India's potential in AI and its collaboration with Reliance, while company chairman Mukesh Ambani highlighted the crucial role of Jio's infrastructure in making India a global AI hub. The partnership would also train developers in India and develop a large language model tailored for Indian needs. This move comes as India aims to become a world leader in semiconductor manufacturing and AI through public-private partnerships.
In a groundbreaking partnership between two major companies, Reliance Industries and Nvidia are set to collaborate on developing artificial intelligence infrastructure in India. This comes as a result of the growing demand for AI technology in the country, with RIL Chairman Mukesh Ambani emphasizing on India's large population of computer engineers. With the backing of Prime Minister Narendra Modi and Nvidia's advanced computing system, the country is poised to become a major player in the global AI market.