Nvidia stock surges, Uber picks up ChatGPT, AMD's new chips: AI news

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Image for article titled Nvidia's stock surge, Uber picks up ChatGPT, and AMD's new chips: AI news roundup — Graphic: Images: Justin Sullivan, Chip Somodevilla, Chip Somodevilla, JONATHAN NACKSTRAND/AFP

Demand for artificial intelligence products sent Nvidia and Super Micro stocks surging this week. Meanwhile, fellow chipmaker AMD launched new AI chips as it eyes a $500 billion market for data center AI accelerators by 2028.

Read about this and more in the AI news roundup.

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AMD is going after Nvidia with new AI chips

bottom angle of AMD sign with a tree above it — Advanced Micro Devices (AMD) headquarters on May 10, 2022 in Santa Clara, California.

Advanced Micro Devices (AMD) announced new artificial intelligence chips, heating up its rivalry with other chipmakers, including Nvidia (NVDA).

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Nvidia wants to drive AI costs down as ‘reasoning’ models rise

Jensen Huang sitting in a chair, speaking, with both of us hands up, in front of a purple backdrop — Nvidia CEO Jensen Huang at the Bipartisan Policy Center on September 27, 2024 in Washington, D.C.

Nvidia’s (NVDA) chips have been a driver of the current artificial intelligence boom — and the chipmaker only wants to make it move faster, chief executive Jensen Huang said.

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Nvidia’s stock surge sent its market cap past Microsoft’s and close to a record high

Nvidia CEO Jensen Huang at the Bipartisan Policy Center on September 27, 2024 in Washington, D.C.

Photo: Chip Somodevilla (Getty Images)

Nvidia stock seems to be climbing back to its record-high close from June.

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Two AI pioneers won the Nobel Prize for their work in machine learning

A screen shows the laureates of the 2024 Nobel Prize in Physics above a panel of three people — U.S. physicist John J. Hopfield (top L) and Canadian-British computer scientist and cognitive psychologist Geoffrey E. Hinton displayed on a screen at the Royal Swedish Academy of Sciences in Stockholm, Sweden on October 8, 2024.

Two artificial intelligence pioneers were awarded the Nobel Prize for their work in machine learning, which laid the foundation for the current AI boom.

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Uber taps ChatGPT to get more people to drive EVs

Uber (UBER) is looking to encourage users and drivers to opt for electric vehicles.

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Super Micro Computer stock surges 15% on big AI demand

Super Micro logo

Illustration: Avishek Das/SOPA Images/LightRocket (Getty Images)

Server company Super Micro Computer (SMCI) unveiled a new liquid cooling solution for AI data centers on Monday, while also revealing it’s shipping over 100,000 graphics processing units (GPUs) quarterly — news that sent its stock climbing more than 15% in midday trading.

Nvidia's stock surge, Uber picks up ChatGPT, and AMD's new chips: AI news roundup

Plus, two AI pioneers won the Nobel Prize for their work in machine learning