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Nvidia CEO Jensen Huang announces new AI chips: ‘We need bigger GPUs’

Pivot 5: 5 stories. 5 minutes a day. 5 days a week.

1. Nvidia CEO Jensen Huang announces new AI chips: ‘We need bigger GPUs’

Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at SAP Center on March 18, 2024 in San Jose, California. 

Nvidia has announced a new generation of artificial intelligence chips and software for running AI models. The first Blackwell chip, the GB200, will ship later this year. The company is aiming to solidify its position as the go-to supplier for AI companies, as total sales have more than tripled since OpenAI's ChatGPT began in late 2022.

Nvidia's high-end server GPUs are essential for training and deploying large AI models, with companies like Microsoft and Meta spending billions of dollars on the chips.

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2. Apple in talks to let Google's Gemini power iPhone AI features

Apple is in talks to build Google's Gemini artificial intelligence engine into its iPhone, according to Bloomberg News. The negotiations are about licensing Gemini for new features in the iPhone software this year.

The terms or branding of the AI agreement or how it would be implemented have not been decided. The deal could help Google expand its AI services to over 2 billion active Apple devices and help Apple address investor fears about slow AI app roll-out. The agreement could also invite scrutiny from US regulators.

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3. NVIDIA announces Project GR00T foundation model for humanoid robots and major Isaac Robotics platform update

GR00T Model Training Workflow

NVIDIA has announced Project GR00T, a general-purpose foundation model for humanoid robots, aimed at driving breakthroughs in robotics and embodied AI. The company has unveiled a new computer, Jetson Thor, for humanoid robots based on the NVIDIA Thor system-on-a-chip, along with significant upgrades to the NVIDIA Isaac™ robotics platform.

Jetson Thor is designed to understand natural language and emulate movements by observing human actions, quickly learning coordination, dexterity, and other skills to navigate, adapt, and interact with the real world.

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4. Mercedes-Benz will start using humanoid robots to help build cars

Mercedes-Benz has partnered with Austin-based Apptronik to use humanoid robots to automate low-skill, physically challenging, manual labor in its factories. The pilot program aims to help human workers and ease staffing issues during the manufacturing process. One of the robots, Apollo, stands five feet eight inches tall, weighs 160 pounds, and can lift up to 55 pounds.

Mercedes and Apptronik are exploring potential use cases for the robots, with the robots likely being used to deliver and inspect parts. The partnership is part of a wider effort to fill labor gaps in low-skill, repetitive, and physically demanding work, freeing up skilled team members to build the world's most desirable cars.

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5. Morgan Stanley names firmwide AI chief

Morgan Stanley has appointed Jeff McMillan as head of firmwide AI, a position he has been involved in for some time. McMillan oversaw the development of the AI at Morgan Stanley Assistant, a virtual assistant for financial advisers and bankers powered by OpenAI.

The assistant has seen significant increases in accuracy and reduced inquiry fulfillment times, driving efficiency and productivity. McMillan will report directly to co-presidents Andy Saperstein and Dan Simkowitz.

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