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Nvidia announces Blackwell Ultra and Vera Rubin AI chips

  • Nvidia CEO Jensen Huang announced new AI chips, including Blackwell Ultra, affirming the growing need for computing power in AI, which has significantly increased over the past year.
  • Despite Huang's optimistic statements, Nvidia's stock dropped over 3%, closing at $115.73 and is down nearly 20% in the last month, raising investor concerns.
  • Huang stated that Nvidia will partner with General Motors to develop self-driving vehicles, reflecting the company's expansion into the automotive sector.
  • Nvidia expects data center revenue to reach $1 trillion by 2028 due to surging demand from major cloud service providers investing in AI technologies.
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Jensen Huang, executive director of Nvidia, took the stage of the GPU Technology Conference (GTC) 2025 and painted a future in which Artificial Intelligence (IA) will not only be digital, but also physical. With his usual black dress, the executive presented three big bets for the future of the firm: humanoid robots that learn as human, quantum computing integrated with AI and the new generation of data centers, the "AI Factories", a concept pre…

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thenewyorkage.com broke the news in on Monday, March 17, 2025.
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