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Sundar Pichai

Instacart Aims for $9.3 Billion Valuation in Upcoming IPO

Britain's $4.5 Billion Digital Bank Monzo Launches Game-Changing New Investment Feature

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Google’s CEO Sundar Pichai Confirms 10-Year AI Collaboration with Nvidia

by Kaleem Khan
September 11, 2023
in Business, Investing

Google’s CEO, Sundar Pichai, has assured that Google and Nvidia will remain close partners in the world of artificial intelligence (AI) for the next decade. He praised Nvidia for its excellent AI innovations and the fruitful partnership they’ve shared for over ten years.

In an interview with Wired, Sundar Pichai talked about their deep relationship with Nvidia, which has played a crucial role in developing Android and other projects. He emphasized how vital it is to invest in research and development in the tech industry, and he believes Google and Nvidia will stick together for the long haul.

Earlier this year, Google and Nvidia announced a partnership that allows Google’s cloud customers to access Nvidia’s H100 GPUs, which power cutting-edge AI technology. This news drove Nvidia’s stock to a historic high.

Nvidia’s GPUs are in high demand from cloud companies, government agencies, and startups to develop AI models like OpenAI’s ChatGPT. Meanwhile, Google is competing with tech giants like OpenAI and Microsoft to lead in AI innovation. They’ve introduced AI solutions like Bard, a smart chatbot, across their various business units.

This collaboration has paid off for Nvidia. Their stock has skyrocketed by nearly 212% this year, and they reported double the revenue compared to the previous year in their second-quarter earnings report. Nvidia is also expecting a whopping 170% growth in sales for the current quarter compared to last year.

In a nutshell, Google and Nvidia are in it for the long haul in the world of AI. This partnership highlights the growing importance of AI in shaping the future of tech and business, with Nvidia’s success as proof of the increasing demand for AI solutions across different industries.

Read related story: McKinsey Predicts 12 Million Job Switches and 30% Workforce Automation by 2030 due to Generative AI

Tags: GoogleNvidiaNvidia and google collabSundar Pichai
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