On Wednesday, local time, Google launched the open-source large language model GEMMA. The generative AI boom also continued to boost demand for AI chips, and Nvidia's latest earnings report exceeded market expectations overnight, and its stock price soared after hours.
On Wednesday local time, Google released a new generation of open-source model gemma. Google says that GEMMA uses the same research and technical architecture as the previously released closed AI model Gemini, but does not allow multimodal input like Gemini, and can only process text information at present, but as an open-source model it is completely open to developers.
This move also marks the beginning of Google, which has been one step behind in the generative AI race, and the market has been worried that generative AI will erode the market share of search engines, and some analysts believe that as the world's largest search engine, Google needs to prove to the market that it has the momentum to continue to grow.
Ben Reites, head of technology research at a research company in the United States: I think Google is going to add more AI features to search, and it's all about enhancing the functionality of search.
There is currently one undoubted winner in the current generative AI race is Nvidia, whose latest earnings report released overnight showed revenue better than market expectations, and its stock price soared after hours.
Nvidia's fourth-quarter revenue of $22.1 billion beat expectations of $20.6 billion, up 22% sequentially and about 265% year-over-year. Among them, the data center business, which includes AI chips, accounts for the majority, and its data center revenue increased by 409% year-on-year to about $18.4 billion. Nvidia shares surged more than 8% after hours.
According to the analysis, the demand for artificial intelligence chips does exist and will continue to increase, and the current competition in the hardware field has been raised, and what the public has not yet seen is the development of generative AI software, which is good for Nvidia's business.
Byron Dieter, head of a venture capital firm in the United States: The race in the hardware field has begun, but the public has not even seen the tip of the iceberg in the competition in the software field.
Nvidia has always dominated the market share of AI chips, but AMD, Intel and other startups are competing for the GPU market. The generative AI boom is intensifying competition in the chip field, and people familiar with the situation say that Microsoft is now working on a new network card to benchmark Nvidia's ConnectX-7, with the aim of reducing its dependence on Nvidia.
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Editor: Wang Yifan.