New business unit for Nvidia
28 June 2024
News
According to sources in the know, Nvidia is building a new business unit with a focus on designing chips for cloud computing applications, including artificial intelligence processors. The plan could see the company grabbing a piece of the rapidly expanding AI chip industry.
Nvidia’s customers, including OpenAI, Microsoft, Alphabet, and Meta Platforms, have been securing a limited quantity of its chips to compete in the rapidly evolving generative AI market. With about 80% of the market for high-end AI chips under its control, Nvidia’s stock market value has increased by 40% this year to $1,73 trillion, after it more than tripled in value last year.
Its H100 and A100 chips serve as a generalised, all-purpose AI processor for many of their major customers. However, some technology companies have started to develop their own internal chips for specific needs. Doing so helps reduce energy consumption, and potentially can shrink the cost and time to design. Nvidia will be attempting to play a larger role in helping these companies develop custom AI chips that have recently been developed in rival firms such as Broadcom and Marvell Technology.
Further reading:
Rooibos heads to space
News
A South African scientific initiative linking agriculture and space research has officially launched today with the Rooibos in Space programme at Parklands College’s Innovation Centre in Cape Town.
Read more...
From the editor's desk: Local can be international
Technews Publishing
Editor's Choice News
Welcome to the July 2026 issue of
Dataweek. As you can see from this introduction,
Dataweek’s regular editor, Peter Howells, is on extended leave and I am filling the void in his editor’s column – hopefully without being too boring.
Read more...
Landis+Gyr EMEA introduces new company name: EYKON
News
EYKON is the new company name of Landis+Gyr EMEA, formerly part of the Landis+Gyr Group. The company supports electricity, gas, water and thermal utilities in managing increasingly complex networks, improving operational efficiency and enabling more sustainable use of resources.
Read more...
Yamaha Robotics will show visitors to EFX
Manufacturing / Production Technology, Hardware & Services News
Yamaha Robotics will show visitors to EFX 2026, the Expo for Electronics Manufacturing, in Stuttgart from 6-8 October 2026, how advanced surface-mount automation helps companies grow their business and increase productivity.
Read more...
From the editor's desk: The art of measuring the truth
Technews Publishing
Editor's Choice News
All electronic measurements are a lie. The trick is making the lie as small as possible.
Read more...
TSE has relocated
News
The Technology Station in Electronics (TSE) has entered a new chapter with its relocation from the CSIR campus to TUT-owned building at Ditsela Place in Hatfield.
Read more...
Innovative MyLegrand app
RS South Africa
News
Legrand SA is set to launch the MyLegrand mobile application, a digital platform designed to strengthen engagement across its professional network.
Read more...
Kulani Energy acquires critical assets from Optipower
News
Kulani Energy preserves engineering, procurement, and construction capability and positions a wholly women-owned firm at the forefront of South Africa’s grid expansion.
Read more...
From Cape Town to Johannesburg
News
Würth Elektronik South Africa has taken a significant step forward with its recent relocation from Cape Town to Johannesburg, marking a new phase of growth and ambition for the company.
Read more...
Lesley Havenga: Building partnerships for Africa’s electronics future
Editor's Choice News
As Würth Electronik expands its footprint across South Africa and the broader sub-Saharan region, Havenga’s blend of manufacturing expertise, supply chain knowledge, and people-centred leadership appears well suited to the task.
Read more...
printer friendly version