Nvidia Says US Advanced Timeline for Export Curbs of AI Chips to China, Other Countries

Chip designer Nvidia said new US export curbs that block the sale of its high-end artificial intelligence chips to China came into effect on Monday as regulators advanced the timeline.

The restrictions were supposed to come into play 30 days from October 17 when the Biden administration unveiled measures to stop countries, including China, Iran and Russia, from receiving advanced AI chips designed by Nvidia and others. 

Nvidia does not expect a near-term impact on its earnings from this move, it disclosed in a filing on Tuesday, but did not say why the US government had accelerated the timing. 

AMD, also impacted by the curbs, did not immediately respond to Reuters requests for comment, while the US Department of Commerce declined to comment.

The restrictions disallow exports of Nvidia’s modified advanced AI chips A800 and H800 — both of which it had created for the Chinese market to comply with previous export rules. 

The Nvidia A100, H100, and L40S chips are also impacted by the curbs.

Earlier this year, Nvidia has announced its AI collaboration with Reliance and Tata Group. The company’s partnership with Reliance will work to create language models, generative apps and a cloud infrastructure platform for AI development in India. For this, Nvidia will provide the computing power required for the efforts, while Reliance unit Jio will manage and maintain the AI infrastructure and oversee customer engagement, the companies said.

The partnership will give Reliance access to the latest version of Nvidia’s Grace Hopper Superchip, its AI chips that are optimized to perform AI inference functions that effectively power apps like ChatGPT.

© Thomson Reuters 2023


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After Reliance, Tata Group Also Said to Announce AI Partnership With Nvidia

India’s Tata Group is set to announce an AI partnership with US chip firm Nvidia, a source with direct knowledge of the matter told Reuters.

An announcement is expected later in the day, the source added.

Meanwhile, India’s Reliance and Nvidia said on Friday they have formed a partnership to create AI language models and generative apps for millions of telecom users of the Indian company.

Nvidia will provide the computing power required for the efforts, while Reliance unit Jio will manage and maintain the AI infrastructure and oversee customer engagement, the companies said.

“Reliance will create AI applications and services for their 450 million Jio (telecom) customers and provide energy-efficient AI infrastructure to scientists, developers and startups across India,” Nvidia said.

Nvidia globally has a near-monopoly on the computing systems used to power services like ChatGPTOpenAI‘s blockbuster generative AI chatbot. The AI powering such apps is known as a large language model because it takes in a text prompt and from that writes a human-like response.

The partnership will give Reliance access to the latest version of Nvidia’s Grace Hopper Superchip, its AI chips that are optimized to perform AI inference functions that effectively power apps like ChatGPT.

Reliance said the new AI infrastructure will speed up a range of India’s key AI projects, including chatbots, drug discovery, and climate research.

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Samsung launched the Galaxy Z Fold 5 and Galaxy Z Flip 5 alongside the Galaxy Tab S9 series and Galaxy Watch 6 series at its first Galaxy Unpacked event in South Korea. We discuss the company’s new devices and more on the latest episode of Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
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Reliance Partners With Nvidia to Develop AI Language Models, Generative Apps

US chip firm Nvidia and telecom-to-retail giant Reliance on Friday announced an AI partnership to create language models, generative apps and a cloud infrastructure platform for AI development in the South Asian nation.

Nvidia will provide the computing power required for the efforts, while Reliance unit Jio will manage and maintain the AI infrastructure and oversee customer engagement, the companies said.

“Reliance will create AI applications and services for their 450 million Jio (telecom) customers and provide energy-efficient AI infrastructure to scientists, developers and startups across India,” Nvidia said.

Mukesh Ambani, the billionaire chairman of Reliance, has previously talked up the need of “digital infrastructure in India that can handle AI’s immense computational demands”. 

Nvidia globally has a near-monopoly on the computing systems used to power services like ChatGPT, OpenAI‘s blockbuster generative AI chatbot. The AI powering such apps is known as a large language model because it takes in a text prompt and from that writes a human-like response.

The partnership will give Reliance access to the latest version of Nvidia’s Grace Hopper Superchip, its AI chips that are optimized to perform AI inference functions that effectively power apps like ChatGPT.

Reliance said the new AI infrastructure will speed up a range of India’s key AI projects, including chatbots, drug discovery, and climate research.

Neil Shah, a partner at Counterpoint Research, said the AI move is critical for Jio to “make sense” of the data it has from millions of users, and become a tech company providing services beyond telecom.

“The AI infra will enable it to provide accurate recommendations and cross sell products and services across its giant network of clients in retail, telecom, and financial space,” he said.

Reuters on Friday exclusively reported that oil-to-retail conglomerate Reliance is also considering a foray into chip manufacturing in India.

Separately, India’s Tata Group too is set to announce an AI partnership with Nvidia later during Friday, a source with direct knowledge of the matter told Reuters.

© Thomson Reuters 2023


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Prime Minister Narendra Modi Meets Nvidia CEO, Discuss India’s AI Potential

Prime Minister Narendra Modi on Monday met CEO of American software firm Nvidia Jensen Huang and they talked at length about the “rich potential” India offers in the world of Artificial Intelligence.

In a post on X, Modi said, “Had an excellent meeting with Mr. Jensen Huang, the CEO of @nvidia. We talked at length about the rich potential India offers in the world of AI.

“Mr. Jensen Huang was appreciative of the strides India has made in this sector and was equally upbeat about the talented youth of India,” the prime minister said.

Nvidia Corporation is an American multinational technology company that was founded on April 5, 1993, by Jensen Huang, Chris Malachowsky, and Curtis Priem, with a vision to bring 3D graphics to the gaming and multimedia markets.

Jio Platforms is keen to lead efforts in developing India-specific AI models and AI-powered solutions across domains, delivering the benefit of this new-age technology to Indian citizens, businesses and government, RIL Chairman Mukesh Ambani said recently, promising “AI to everyone, everywhere.”

Terming Artificial Intelligence (AI) as the most exciting frontier of growth for Jio, Ambani outlined ambitious plans on this front at the 46th AGM of Reliance Industries.

Ambani pledged the company’s commitment to create up to 2,000 MW of AI-ready computing capacity, across both cloud and edge locations, while adopting sustainable practices and a greener future.

A global AI revolution is reshaping the world and intelligent applications will redefine and revolutionise industries, economies, and even daily life, sooner than expected, the RIL top honcho said.

To stay globally competitive, India must harness AI for innovation, growth, and national prosperity, he asserted.


(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

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VMware, Nvidia Partner to Develop Software Tools for Companies That Want Their Own AI

VMware on Tuesday said it has developed a new set of software tools in partnership with Nvidia aimed at businesses which want to develop generative artificial intelligence in their own data centers rather than the cloud.

VMware, which is close to being acquired by chip firm Broadcom in a $69 billion (nearly Rs. 5,73,000 crore) deal, makes software that corporations use to run their privately owned data centers. For more than two decades, VMware’s tools have been used by businesses to divvy up the computing power in central processor chips, which are the brains of traditional servers.

On Tuesday, the company released a new set of tools help designed to manage Nvidia chips, which dominate the market for AI systems that can read and write text in human-like ways. Companies like Microsoft, for example, are offering cloud-based systems that can read through a business team’s emails and chats and help generate a short update on a the team’s progress. 

Raghu Raghuram, VMware’s chief executive, told Reuters businesses are interested in the technology for everything from helping software developers write code faster to writing legal contracts more quickly. But some VMware customers want to do that work in their own data centers when the data is sensitive.

“Imagine a common use case: I want it to read all my legal contracts so I can generate new contracts faster. Obviously, that is going to be super, super secretive — you don’t want that data escaping anywhere,” Raghuram said.

VMware said the new tools will be available next year. The company declined to say how it will be priced, other than saying that the cost will be based on how many Nvidia chips the customer uses the software to manage.

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Google Tipped to Have Cancelled Nvidia Chromebook Plans

Google has reportedly scrapped its plans to introduce Chromebooks with integrated Nvidia graphics cards. The company incorporated gaming laptop-like features such as changeable RGB keyboards and high refresh rate displays into some of their models last year. But all of these devices come equipped with integrated GPUs and therefore were intended for use with streaming services such as Nvidia’s GeForce Now and Microsoft’s Xbox Cloud Gaming. Since then, reports suggested that the Mountain-View-based tech giant was exploring the idea of launching Chromebooks with dedicated GPU.

Earlier this year, a Chromebook board with the codename Hades was spotted by 9to5Google with a dedicated GeForce RTX 4050 GPU, similar to the one used in some Windows gaming laptops. This chip could have been used as a basis for multiple PC manufacturers to build Chromebooks on.

Now, according to developer comments spotted first by About Chromebooks on Chromium Gerrit, the Hades board, alongside two other Nvidia-equipped boards, Agah and Herobrine, were cancelled, which indicates that any laptops based on those boards will not be produced.

It is speculated that Google may release Chromebooks with dedicated GPUs in the future. A recent code patch revealed the existence of a board codenamed Aurora. This board is thought to be for internal Steam testing and not an actual device, but it is marked with an RTX 3050 graphics card. As a result, work to make Steam on ChromeOS compatible with dedicated GPUs may still be ongoing.

Google has also notably reported to have cancelled the development of Chromebooks powered by the Qualcomm Snapdragon 7c+ Gen 3 SoC, a project with the codename Herobrine, in addition to ditching the Nvidia-based Chromebook plans. This suggests that no new ChromeOS tablets will be released in the foreseeable future.


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ChatGPT and Other Language AIs Are Nothing Without Humans — a Sociologist Explains How Countless Hidden People Make the Magic



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AI Will Define Trend for Global Computing Industry, Says AMD Chief

AI will be the “defining mega-trend” for the global computing industry, the head of chip giant AMD said Thursday in Taiwan, where the majority of the world’s semiconductors powering the technology is produced. 

California-based Advanced Micro Devices (AMD) is one of the world’s largest chip suppliers — rivalling giants Intel and Nvidia — and their processors are used in everything from gaming consoles and laptops to massive servers. 

In the past year, tech companies have shifted resources to developing chips that have the processing power for generative AI — which churns out complex content in seconds — after seeing the popularity of products such as ChatGPT

“The innovation opportunities ahead of us are truly enormous and the computing industry is changing very fast,” said AMD’s CEO Lisa Su, in Taiwan to receive an honorary doctorate from a university in the city of Hsinchu. 

“AI is really the defining megatrend for the next 10 years,” she said, adding that generative AI has reshaped how industry players think about tech’s possibilities. 

“Every product, every service, every business in the world will be impacted by AI, and the technology is actually evolving faster than anything than I’ve ever seen before,” Su said in her speech to the university. 

As a chip design foundry, AMD outsources the production of their microchip designs to Taiwan Semiconductor Manufacturing Company (TSMC), which is headquartered in Hsinchu. 

The Taiwanese chipmaking giant controls half the world’s output of the silicon wafers, which are used to power everything from drip coffee machines to cars and missiles.

Unlike the AMD chief, TSMC’s chairman Mark Liu cautioned investors on pinning their expectations of a boom in chips due to generative AI. 

“The short-term frenzy about AI demand definitely cannot be extrapolated for the long term,” Liu told shareholders in a conference call Thursday — held around the same time as the university ceremony Su attended. 

“Neither can we predict for the near future, meaning next year, how the sudden demand will continue or flatten out.”

TSMC reported a 23 percent drop in its second quarter net income to about $5.85 billion (nearly Rs. 47,950 crore).

“Our second quarter business was impacted by the overall global economic conditions, which dampened the end market demand, and led to customers’ ongoing inventory adjustment,” said Wendell Huang, TSMC’s VP and chief financial officer.

The company also announced that its long-awaited Arizona plant — the first in the United States — has met delays, due to “an insufficient amount of skilled workers”, and the start of production will be pushed to 2025, Liu said.


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Inflection AI Raises $1.3 Billion Investment From Microsoft and Nvidia

Inflection AI, a startup backed by several Silicon Valley heavyweights, said on Thursday it had raised $1.3 billion (nearly Rs. 10,670 crore) from investors including Microsoft and Nvidia, amid a boom in the artificial intelligence (AI) sector.

The investment, a mix of cash and cloud credit, valued the one-year-old company at $4 billion (nearly Rs. 32,840 crore), a source familiar with the matter told Reuters.

Inflection released its chatbot Pi last month. Founded by Google DeepMind co-founder Mustafa Suleyman and LinkedIn co-founder Reid Hoffman, it focused on building consumer-faced AI products and is considered a top rival of OpenAI.

Pi uses generative AI technology, similar to ChatGPT, to interact with users through dialogues, allowing people to ask questions and share feedback. Inflection said it wants to build a personal AI that will help people plan, schedule, gather information and perform other tasks.

Palo Alto, California-based Inflection AI has about 35 employees. It raised $225 million (nearly Rs. 1,850 crore) in a first round of funding in early 2022 from Greylock, Microsoft and Reid Hoffman.

Last week, it released a report on its model Inflection-1, which powers Pi, and claims it has outperformed most models available.

Most of the funding will be used to build computing power to develop a more powerful foundation model, according to Suleyman, chief executive at Inflection.

“We’ll be building a cluster of around 22,000 H100s. This is approximately three times more compute than what was used to train all of GPT4. Speed and scale are what’s going to really enable us to build a differentiated product,” Suleyman said at Collision Conference on Thursday.

The AI space has been hailed as the next frontier for technology after OpenAI’s bot ChatGPT became a viral sensation late last year.

The industry has drawn several investors in the past few months as corporates examine ways to integrate the technology into their businesses, while regulators have been mulling over how to tackle the technology.

Microsoft, an existing investor and also backer of rival OpenAI, participated in Inflection’s latest fundraise.

Nvidia, which has stepped up its AI investments recently, Hoffman, Bill Gates and former Google CEO Eric Schmidt also participated in the latest round, Inflection said.

© Thomson Reuters 2023


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Oracle Said to Spend “Billions” on Nvidia Chips This Year to Expand Cloud Computing Service

Oracle is spending “billions” of dollars on chips from Nvidia as it expands a cloud computing service targeting a new wave of artificial intelligence (AI) companies, Oracle founder and Chairman Larry Ellison said on Wednesday.

Oracle’s cloud division is working to gain ground against larger rivals such as Amazon Web Services and Microsoft. To get an edge, Oracle has focused on building fast networks that can shuffle around the huge amount of data needed to create AI systems similar to ChatGPT.

Oracle is also buying huge numbers of graphics processing units (GPUs) designed to crunch that data for AI work.

Oracle is also spending “billions” of dollars on Nvidia chips but even more on central processor units (CPUs) from Ampere Computing, a chip startup it has invested in, and Advanced Micro Device, Ellison said at an Ampere event.

“This year, Oracle will buy GPUs and CPUs from three companies,” Ellison said. “We will buy GPUs from Nvidia, and we’re buying billions of dollars of those. We will spend three times that on CPUs from Ampere and AMD. We still spend more money on conventional compute.”

Oracle said last month it had struck a deal with Cohere, an AI startup founded by ex-Google engineers, under which Cohere will offer its AI software running on supercomputers inside Oracle’s data centers with as many as 16,000 Nvidia chips each.

Other companies such as CoreWeave, which earlier this year raised a fresh $200 million (roughly Rs. 16.3 crore) of funding, are also targeting AI companies with cloud hardware that relies heavily on Nvidia chips.

© Thomson Reuters 2023


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Nvidia, AMD, Other US Chipmakers Face Fall in Shares as US Plans Curbs on Export to China

Shares of US chipmakers fell on Wednesday following a report that the Biden administration was planning new curbs on export of computing chips for artificial intelligence to China as early as July.

Companies such as Nvidia, Advanced Micro Devices and Intel, which rely on the world’s second largest economy for at least a fifth of their revenue, fell between 0.8 percent and 1.8 percent, caught in the US-China crossfire.

The Philadelphia chip index dropped 0.9 percent.

Last year, US officials had ordered Nvidia to stop exporting its top two AI chips to China to limit the country’s technological capability.

Months later, Nvidia launched a new advanced chip called A800 in China to meet export control rules.

The new restrictions being considered by the Commerce Department would also include a ban on the sale of Nvidia’s A800 chip without a special US export license, the Wall Street Journal report said.

Curbs on sales of datacenter graphics processing units to China would impact future financial results, Nvidia’s finance chief Colette Kress said on Wednesday. However, the company does not expect the additional restrictions to have an immediate material impact on its results.

“With an update on export controls now expected, investors will assess just how limiting the new rules will be for chip makers’ sales,” said Susannah Streeter, head of money and markets, Hargreaves Lansdown.

“A handful of tech companies pack a huge punch on Wall Street due to their sheer size, so any wobble in confidence reverberates on indices.”

Rising expectations over the advancements in AI have helped Wall Street climb this year, with Nvidia at the pole position on the S&P 500 index, gaining 187 percent so far this year.

But the sharp rise in shares has also sparked doubts over lofty valuations.

Nvidia is trading at 47 times its expected 12-months earnings, while AMD is at a 31.2 multiple and Intel at 31.8, way above the S&P 500’s multiple at 19, according to Refinitiv data.

The Philadelphia chip index has surged more than 44 percent so far this year, far ahead of the benchmark index’s 14 percent rise.

Across the Atlantic, Nordic Semiconductor, Dutch chipmaker ASML, Milan-listed STMicroelectronics, however, closed between 2.3 percent and 6.4 percent higher.

© Thomson Reuters 2023


Apple unveiled its first mixed reality headset, the Apple Vision Pro, at its annual developer conference, along with new Mac models and upcoming software updates. We discuss all the most important announcements made by the company at WWDC 2023 on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
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