They require a tremendous amount of computing power, and that’s exactly what Nvidia’s platform delivers. Nvidia develops platforms, including hardware and software, that can power driver-assistance features, as well as fully autonomous driving.Ī self-driving car must process massive amounts of data from multiple sensors and cameras in real time, detect objects such as pedestrians and other vehicles, and make complex decisions. Self-driving cars are another area of focus. But AI is one of the driving forces behind the company’s growth. This segment isn’t all AI-related - Nvidia’s graphics cards are used to accelerate a wide variety of data center applications. Nvidia’s data center business represents a steadily increasing share of the company’s total revenue and looks set to top gaming in revenue in fiscal 2022. Graphics processing unit (GPU) chips, used primarily for rendering video games, support both phases well. Machine learning’s training phase demands a lot of computing power the phase that follows, the inference phase, requires less. Leading graphics chip company Nvidia has taken advantage of the AI boom, with its graphics cards becoming the de facto standard in data centers around the world. Uses software-as-a-service to provide enterprise-scale AI applications Voice-activated technology, cloud computing, and e-commerce Memory chips for data centers and self-driving cars Top AI stocks to buy in 2023Īugmenting human intelligence across industries Machine learning, or AI, involves training a system with huge amounts of data, then using that trained system to make inferences about new data it has never seen. These are true artificial intelligence stocks and include those listed and described below. Some companies also profit directly from AI by selling hardware, software, services, or expertise that the technology needs. Amazon ( AMZN 2.97%) uses AI to recommend products to customers, while Netflix ( NFLX 0.22%) uses AI to guide content creation and recommendations. Google, a subsidiary of Alphabet ( GOOGL 3.65%), ( GOOG 3.84%), uses AI to filter out spam for Gmail users. Many tech companies use AI to make their existing operations more powerful such as through high-profile applications, including robotics, self-driving cars, and virtual assistants. The more objects in images it detects, the more accurate the detection system becomes.Ĭompanies employ artificial intelligence in two main ways. Images with those objects are provided to the system, which “learns” how to detect those objects in other images. The simplest example is a system designed to detect objects in images. It then uses the trained system to make inferences about new data it’s never seen. Image source: Getty Images How do companies use artificial intelligence?ĪI is created through machine learning, which involves training a system with huge amounts of data.
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