When gaming chip maker Nvidia announced a decade ago that it planned a strategic shift to data center AI, there were many questions: Could they build a full-stack, enterprise-grade offering? Was there even a market for AI?
After the company’s latest earnings report, the question is whether anybody can challenge Nvidia as the preeminent AI platform provider for both enterprise and hyperscale data centers.
Through clever acquisitions, internal hardware/software development, and strategic alliances, Nvidia positioned itself perfectly to take advantage of the generative AI frenzy created by the release of ChatGPT late last year. Neither industry-wide chip shortages, nor the collapse of its proposed $40 billion purchase of chip rival Arm Ltd. had any noticeable effect on Nvidia’s phenomenal growth.