New Delhi: Major chipmaker Nvidia made a series of announcements at its annual GTC event, with CEO Jensen Huang saying that the company could generate up to $1 trillion in revenue from AI chips alone by 2027 amid the ongoing rapid growth in artificial intelligence industry.
Speaking at the event held in San Jose, California, Huang outlined Nvidia’s strategy to dominate the AI ecosystem by building an integrated stack of hardware, software and infrastructure.
One of the key highlights of the keynote was Huang’s projection that cumulative demand for Nvidia’s next-generation AI platforms, including Blackwell and Vera Rubin systems, could translate into $1 trillion in revenue by 2027.
“I believe that computing demand has increased by 1 million times in the last two years,” Huang said, underscoring the surge in AI-driven workloads across industries.
Among product announcements, Nvidia introduced the Groq 3 Language Processing Unit (LPU), designed to accelerate AI inference workloads.
The chip — expected to ship in the third quarter — is built on Nvidia’s GPU-based architecture with optimisations for higher speed and efficiency.
The company also unveiled its next-generation computing system, Vera Rubin Space One, which is being developed in collaboration with partners for deployment in space-based data centres. A satellite launch tied to the project is expected later this year.
“Physical AI has arrived — every industrial company will become a robotics company,” said Huang. “NVIDIA’s full-stack platform — spanning computing, open models and software frameworks — is the foundation for the robotics industry, uniting a worldwide ecosystem to build the intelligent machines that will power the next generation of factories, logistics, transportation and infrastructure,” he added.
In another major reveal, Nvidia showcased a prototype of its upcoming rack-scale architecture, Kyber, which will succeed the Rubin platform. The system is designed to integrate up to 144 GPUs in vertically stacked configurations to improve compute density and reduce latency. The architecture is expected to be part of the Vera Rubin Ultra system, likely to ship in 2027.
On the automotive front, Huang said Uber is planning to roll out a fleet powered by Nvidia’s Drive AV software by 2028 across multiple global cities, starting with Los Angeles and San Francisco next year.
The Nvidia CEO also said that automakers including Nissan, BYD, Geely, Isuzu and Hyundai are working on Level 4 autonomous vehicles using Nvidia’s Drive Hyperion platform.
Nvidia has been rapidly accelerating its innovation cycle in recent years, aiming to refresh its core product lineup annually while expanding into new AI-driven computing segments.
IANS
US Navy’s blockade of Iran hits China’s cheap oil deals: Report
New Delhi: The US Navy's blockade of Iran has built economic pressure on Tehran that continues even though the ceasefire has led to a temporary pause in fighting, according to...
China threat dominates US defence debate
Washington: China’s growing military assertiveness and its alignment with Russia, Iran and North Korea emerged as a central theme during a high-stakes US Senate hearing on defence spending, with potential...
National plot to shrink Maratha history, says Shiv Sena(UBT) in ‘Saamana’
Mumbai: The Shiv Sena Uddhav Balasaheb Thackeray (UBT) on the 67th Foundation Day of Maharashtra on Friday claimed that the Marathi people were being cornered by "Maharashtra-haters" and "subservient" local...
Europe faces intensifying climate extremes as reports warn of accelerating warming
Geneva: Multiple reports have painted a stark picture of accelerating climate extremes, with Europe warming faster than any other continent. The findings underscore that climate change has become an urgent...
Pentagon official says Iran war has cost $25 billion so far
Washington: A senior Pentagon official has said that the cost of the ongoing US war against Iran is estimated to be 25 billion US dollars so far, as the conflict...
92 pc monsoon forecast, 35 pc deficit risk cloud FY27 farm outlook
New Delhi: India’s agricultural outlook for FY27 likely to remain uneven despite underlying stability, with a 92 per cent monsoon forecast and a 35 per cent probability of deficient rainfall...
‘This is not development but destruction’: Rahul Gandhi after visiting Great Nicobar Island
New Delhi: Congress leader Rahul Gandhi on Wednesday launched a sharp attack on the Centre’s Great Nicobar Island development project after visiting the region, describing it as “one of the...
Uma Bharti backs reservation, calls for ‘third freedom struggle’ to achieve social equality
Bhopal: Veteran BJP leader and former Madhya Pradesh Chief Minister Uma Bharti on Tuesday strongly endorsed the reservation policy, describing it as an essential instrument for achieving social justice, and...
China threat drives US missile defence rethink
Washington: China’s expanding missile arsenal and evolving military capabilities are reshaping US defence planning, with senior Pentagon officials telling lawmakers that Beijing remains the central strategic challenge driving a new...
US lawmakers push Golden Dome plan amid rising missile threats
Washington: The United States faces an “unprecedented” missile threat environment, with senior defence officials warning lawmakers that the country’s current homeland defences are limited and increasingly vulnerable to advanced weapons,...
Concerns of Matua community may influence phase two of West Bengal Assembly polls
New Delhi: When West Bengal goes to poll in the second and last phase of Assembly election on Wednesday, the Matua community will hold an important position in determining the...
Raghav Chadha cites ‘toxic culture’ in AAP, says BJP move will help him work more effectively
New Delhi: Rajya Sabha member Raghav Chadha on Monday took to social media to explain the reasons behind his exit from the Aam Aadmi Party (AAP), alleging that the party...
