Nvidia announces new flagship AI chip

The excitement around the computer chip maker Nvidia is ramping up even more with the announcement of a new flagship AI chip. Nvidia has just under 70 per cent of the market for GPU (graphic processing unit) chips. GPU is the key to high-speed artificial intelligence applications, and is responsible for propelling Nvidia to a stock market valuation of US$2.18 trillion - the third biggest in America. Nvidia's founder Jensen Huang unveiled the next phase of its development on Tuesday, a giant chip called Blackwell. The chip is named after David Blackwell, a mathematician and game theorist. The Blackwell B200 has 208 billion transistors, more than double the 80 billion on the company's previous chip. The announcement has IT giants, Meta, Google, and Amazon lining up.