Nvidia CES 2017

Nvidia had a huge 2016 with one of best performing stocks of the year. In the past 12 months, the graphics processing chipmaker’s stock value has boomed 230%. This is mostly due to its impressive growth in artificial intelligence applications using its graphics processors in data centers and cars. Meanwhile, Nvidia maintains a fast-growing business in its core gaming market.

Partially as a reflection of the growing importance of AI in the tech industry, Nvidia stole the opening Consumer Electronics Show keynote this year from Intel. At the Las Vegas keynote on Wednesday, Nvidia CEO and co-founder Jen-Hsun Huang (clad in his trademark black leather jacket) sought to maintain the company’s leadership in those three areas: AI, autonomous cars and video games.

The first piece of news is a cloud service that enables games to run in the cloud instead of locally on a computer. Called GeForce Now, the service is intended to reach people who want to play the latest PC gamers but who don’t have the time, money or inclination to build their own PCs. The service is supposed to give users on low-end PCs or even Macs access to high-end PC games with the latest graphics.
“We estimate that there are a billion users with Macs or older PCs who would love to enjoy games but don’t have the capability,” said Huang. “We thought wouldn’t it be amazing to put something like Amazon Web Services does for businesses and do it for the consumers.”



Leave a Reply

Your email address will not be published. Required fields are marked *