* Nvidia ( NVDA ) to showcase next-gen AI chip named Feynman
* Focus on Groq technology for inference computing
* Nvidia ( NVDA ) faces increased competition in AI chip market
By Stephen Nellis and Max A. Cherney
SAN JOSE, California, March 16 (Reuters) - Nvidia ( NVDA )
CEO Jensen Huang is set to detail the company's
hardware and software plans to a large crowd in San Jose,
California, at the company's annual developer conference on
Monday.
During a keynote address at a hockey arena with a capacity of
more than 18,000, Huang is expected to lay out how the top AI
chipmaker plans to adapt to a rapidly changing AI landscape.
Nvidia ( NVDA ), the world's most valuable listed company, with a market
capitalization of more than $4.3 trillion, is likely to detail a
next-generation AI chip called Feynman, named after American
physicist Richard Feynman, at the four-day conference. Huang is
also likely to talk about data centers, Nvidia's ( NVDA ) chip
programming software CUDA, digital assistants known as AI agents
and physical AI such as robots.
Another focus is likely to be Groq, a chip startup from which
Nvidia ( NVDA ) licensed technology for $17 billion in December. Groq
specializes in fast and cheap "inference" computing work, in
which an AI model takes what it has already learned and uses it
to answer a question or make a prediction in real time.
After spending hundreds of billions of dollars in recent
years on chips for training their AI models, companies such as
OpenAI, Anthropic and Facebook owner Meta Platforms ( META ) are
shifting toward serving hundreds of millions of users who are
tapping those AI systems. Nvidia ( NVDA ) faces greater competition in
the market for chips for inference-computing work than it does
for AI-training chips, and analysts expect the company to shore
up its defenses against rivals looking to regain market share
they lost to Nvidia ( NVDA ) in recent years.
Despite that increased competition, some of which is coming
from Nvidia's ( NVDA ) own customers designing their own chips, Nvidia ( NVDA )
remains central to the global AI ecosystem.
Nations such as Saudi Arabia are building custom AI systems for
their own populations using its chips, and it is one of the only
large U.S. companies that continues to release open-source AI
software, a growing field of competition between the U.S. and
China.
Huang's keynote is set for 11 a.m. Pacific Time (2 p.m.
Eastern Time/1800 GMT).