Bloomberg Daybreak: Asia Edition
Nvidia's New Chip, China Evergrande
Mar 19, 2024
The podcast delves into Nvidia's announcement of the new Blackwell processor, its impact on the AI revolution, and the competitive landscape. It also discusses the accusations against China Evergrande for inflating revenue by $78 billion, their financial troubles, and the legal issues surrounding their misconduct.
17:31
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Quick takeaways
- NVIDIA's Blackwell processor design revolutionizes AI with faster processing for training and running models.
- China Evergrande's revenue inflation scandal highlights regulatory concerns in the property development sector.
Deep dives
NVIDIA Unveils Blackwell Chips for AI Computing
NVIDIA introduced its new Blackwell processor design, significantly faster in handling AI computer models, used for training and running AI processes. The Blackwell chips are set to be integrated into new products by major data center operators like Amazon, Microsoft, Alphabet, and Oracle, reflecting NVIDIA's pivotal role in AI-driven transformations across industries and economies.
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