Nvidia Reveals Next-Gen AI Chips, Partners with Ford

Nvidia's annual GTC conference showcased the company's advancements in artificial intelligence (AI) and robotics, with CEO Jensen Huang emphasizing the need for industries to integrate AI into their core operations. Nvidia's stock has risen 28% over the past year, driven by its dominance in AI technology, with analysts predicting a potential 100% growth. The company is also investing heavily in the U.S. supply chain, committing hundreds of billions of dollars over the next four years. In a significant partnership, Ford is collaborating with Nvidia to enhance its vehicles with AI technology, which includes personalized driving assistance and faster vehicle design processes. Meanwhile, competitors like Tencent and Baidu are also advancing their AI capabilities, with Tencent releasing new models for generating 3D visuals and Baidu focusing on open-source AI strategies. These developments underline the increasing global competition in the AI sector.