The AI data center value chain
Source: Evan
The AI chip market size is forecasted to grow at a CAGR of 29% through 2032
Driven by the rising adoption of artificial intelligence across various industries, coupled with the growing demand for high-bandwidth memory, rapid computation, and parallel processing capabilities. Source: Beth Kindig
Generative AI:
Market share of leading vendors
Current state of the stock market:
Wingstop, $WING, a chicken wing company, is now up 84% over the last year and worth $10 billion. It's trading at 144x earnings and tripling the S&P 500's return... Who needs AI when you have chicken wings? Source: The Kobeissi Letter
Nvidia on Monday announced a new generation of artificial intelligence chips and software for running AI models.
The new AI graphics processors are named Blackwell and are expected to ship later this year. $NVDA CEO: "Over the course of the last eight years, we've increased computation by one thousand times. In the good old days of Moore's Law, it was two times, then five times every five years. Now, it's ten times every five years, a hundred times every ten years. In the middle, the heydays of the PC revolution, it was a hundred times every ten years. And in the last eight years, we've gone one thousand times. We have two more years to go" Source: The Transcript
Deepfakes of videos, photos and audio recordings have become widespread on various internet platform.
Aided by the technological advances of large language models like Midjourney, Google's Gemini or OpenAI's ChatGPT. With the right prompt fine-tuning, everyone can create seemingly real images or make the voices of prominent political or economic figures and entertainers say anything they want. While creating a deepfake is not a criminal offense on its own, many governments are nevertheless moving towards stronger regulation when using artificial intelligence to prevent harm to the parties involved. Source: Statista
A great thread by The Kobeissi Letter ->
While everyone is focused on AI, China has taken electric vehicles (EVs) to a whole new level. China currently has 2.5 MILLION EV chargers compared to just 130,000 in the US. China has an EV charger for every 7 cars while the US has an EV charger for every 18 cars. Meanwhile, China's EV chargers provide 4 kilowatt per hour compared to 1 kilowatt per hours in the US. To put this into perspective, the energy difference is like powering 17 standard light bulbs in the US versus 67 bulbs in China. Is China the new leader of EV technology?
AI, electric vehicles and bitcoin mining will all need electricity
Source: Bloomberg
