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

Updated October 11, 2024

Demand for artificial intelligence products sent Nvidia $NVDA and Super Micro stocks surging this week. Meanwhile, fellow chipmaker AMD $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.

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

Nvidia $NVDA’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.

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

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

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

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.