NVIDIA (NVDA, Financial) addressed concerns about the energy demands of AI computing by showcasing its latest chip's energy efficiency at a Washington conference. During the "AI Summit DC," NVIDIA revealed that its new Blackwell chip, which started rolling out to customers this year, requires 3 gigawatts of power to develop OpenAI's GPT-4 software. This marks a significant improvement compared to a decade ago when the process demanded as much as 5500 gigawatts.
NVIDIA's Vice President, Bob Pette, emphasized that energy efficiency was a fundamental consideration in the design of the Blackwell platform. Additionally, NVIDIA shared advancements in its software division, including the creation of "agent blueprints." These tools enable companies to swiftly deploy customized AI services to handle real-world tasks such as customer service, equipment design assistance, and drug development acceleration.
The strong focus on energy efficiency and innovation in AI software contributed to a 4.1% rise in NVIDIA's stock price, reaching $132.92. The stock has seen remarkable growth, more than doubling this year, following a 239% increase in 2023.
