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Nvidia becomes world's most valuable company, leaving Apple behind – Top News Bulletin


chip Manufacturing giant Nvidia has become the most valuable company in the world. Nvidia has achieved this position by leaving Apple behind. Due to the huge rise in shares, Nvidia's market cap has overtaken Apple. Nvidia's stock market value has reached $3.53 trillion. At the same time, the stock market value of Apple is 3.52 trillion dollars.

Deals with many companies in India

Chip manufacturing giant Nvidia has entered into several strategic partnerships with Indian enterprises. These partnerships reflect the company's commitment to benefit from India's vast potential in artificial intelligence (AI) and data business. The announcements were made during the 'Nvidia AI Conference 2024' in Mumbai. At the event, its Founder and CEO Jensen Huang shared his views on India's future as a global AI leader. Huang said India has long been recognized as a software export hub and now the country is on the threshold of becoming an important hub in AI exports.

Company will supply to Reliance's data centers

Nvidia will supply its Blackwell AI processors for Reliance's data centres. Apart from this, the company will provide Hopper AI chips to the data centers of companies like Yotta Data Services and Tata Communications. Nvidia is launching a Center of Excellence (CoE) in partnership with Tech Mahindra. The center will be located within Tech Mahindra's Makers Lab in Pune and Hyderabad. “India has produced and exported software,” Huang said. In the future, India will export AI.

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These companies also partnered

During this period, Hanuman AI, Tata Consultancy Services, Gyani.AI and Infosys have also partnered with Nvidia. “You have the critical elements in your country to be able to collect raw data and turn it into intelligence,” Huang told reporters. You can code it into a model and create your own digital intelligence and export it.'' He said that India is moving in this direction and he is eagerly waiting for the time when India will start manufacturing AI on a large scale. He also advised Indian companies to give priority to AI over chip manufacturing. Huang said that you should not follow other countries in manufacturing, but India should quickly get into this AI factory of the future. This should not be delayed.



Image Credit: India-Tv.

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