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
Data Centres + AI + Crypto + General Power Consumption increase.
Where will all the extra electricity come from? Source: Bloomberg
AI Beneficiary PEG Ratios - Locating the Value
Will nvidia $NVDA really plateau at 14% earnings growth after this year? Will arm $ARM come back to earth or will earnings rocket? Source: Consensus Guru
Wow. If you had invested $5,000 in $NVDA back in 2000 you'd have $4.7M today. 😮
Source: Markets & Mayhem
Artificial Intelligence is projected to increase the GDP by 130% according to Cathie Wood's Ark Investment Management
This is significantly higher than all major advances in technology including the Steam Engine and the Internet. Source: Barchart, Ark Invest
