Rephrase the title:Nvidia’s CEO unveils the next AI chip that tech companies will be scrambling for — meet ‘Blackwell’

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  • Nvidia’s CEO Jensen Huang unveiled its next-generation chip today.
  • The Blackwell chip, named after statistician David Blackwell, is much faster than its predecessor.

Nvidia CEO Jensen Huang unveiled the Blackwell chip — a next-generation AI chip succeeding its massively in-demand H100, which has served as a backbone of sorts amid an AI gold rush.

The Blackwell chip, named after statistician and mathematician David Blackwell, is at least two times faster than its predecessor, Huang said in his keynote at the GPU Technology Conference (GTC) Monday in San Jose, California.

“It’s now twice as fast as Hopper, but very importantly, it has computation in the network” — which amplifies its speeds even further, Huang said. It will be able to do things like turn speech into 3D video, he added.

Huang didn’t disclose the price of the chip, but joked onstage that its functioning board was “quite expensive.”

“Blackwell GPUs are the engine to power this new industrial revolution,” he said. “Working with the most dynamic companies in the world, we will realize the promise of AI for every industry.”

The current H100 chips can sell for upwards of $40,000 apiece. Amid shortages precipitated supply issues during the pandemic, tech giants are scrambling to get their hands on them, with Mark Zuckerberg stockpiling about 350,000 year’s end.

As a result, Nvidia sales are soaring. In its fourth-quarter earnings call in February, Nivida reported quarterly revenue of $22.1 billion. That said, the company has faced headwinds in China due to tough export controls. And other tech giants — including Meta, Microsoft, Google, and AMD — are readying rival chips as well.

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