Tesla Partner Nvidia Delves Into AI With Facebook, Alibaba

Tesla[ticker symb=TSLA] partner Nvidia[ticker symb=NVDA] forged alliances during Q4 with Facebook[ticker symb=FB] and Chinese Internet major Alibaba[ticker symb=BABA] for speedy artificial intelligence chips, Nvidia CFO Colette Kress said late Wednesday on the chipmaker’s earnings conference call. And tech giants Alphabet[ticker symb=GOOGL], Microsoft[ticker symb=MSFT] and IBM[ticker symb=IBM] also are eyeing AI, she said. The arena pits graphics processing units, made by Nvidia and others, against another type of chip called field programmable gate arrays (FPGAs), to power the process. The trend — accelerated machine learning — is good news for GPU-maker Nvidia and Intel[ticker symb=INTC], which completed its acquisition of FPGA-maker Altera in December. Fostering AI requires breakneck speed in the data center. Nvidia stock rocketed as much as 12% Thursday, touching a six-week high near 31. Midday on the stock market today,…

Link to Full Article: Tesla Partner Nvidia Delves Into AI With Facebook, Alibaba

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