Nvidia's Dominance in AI and Technology Industry

Nvidia became the world's most valuable company in 2024, due to its GPU innovation and dominance in AI technology.

### Nvidia's Journey to Becoming the World's Most Valuable Company
* 💻  Nvidia became the world's most valuable company on June 18, 2024, with a market capitalization of **$3.34 trillion**, surpassing tech giants like Microsoft, Apple, Samsung, and Alphabet.
* 🚀  The company's success can be traced back to its founding in 1993 by CEO Jensen Huang and two others, who identified the **potential of GPUs for parallel processing and graphics rendering**.
* 🎮  Nvidia's breakthrough came in 1999 with the release of the GeForce 256, the first GPU marketed as a **Graphics Processing Unit**, revolutionizing PC and console gaming.
* 🧠  In 2006, Nvidia made a strategic move by releasing CUDA (Compute Unified Device Architecture), a software platform that **unlocked the full computational power of GPUs for non-graphics tasks**, particularly in AI development.
* 💰  The recent surge in Nvidia's value can be attributed to a **10:1 stock split**, making its shares more accessible to new investors amid the **growing demand for AI technology**.
* 🤖  Nvidia's GPUs are now essential for AI development, powering applications in various industries, from **healthcare** to **autonomous vehicles**.
* 🌐  The company's technology also underpins major cloud services, including Amazon Web Services, making it a **crucial player in the digital infrastructure**.
* 🔮  Despite concerns about the sustainability of AI growth, Nvidia's position as a **key player in the digital transformation** suggests **continued success in the future**.

on the 18th of June 2024, Nvidia became the most valuable company in the world at $3.34 trillion. They overtook Microsoft, Apple, Samsung, alphabet. It's hard to stress just how big of a deal this is. I mean, Pokémon, you know, the highest grossing media franchise in the world, this could buy that company 36 times. And we know Nvidia, you might even be watching this video using one of their graphics cards in your PC. But we're talking a company that overtook Apple, you know, the guys who managed to sell luxury smartphones to like a third of the world population. You don't beat that just with some high-end PC graphics cards. So what on Earth have a media done to a get themselves to a position where they could even dream of overtaking all the other big tech companies and B actually overtake them. And one thing that I need to make super clear, which makes this all the more surprising, is that Nvidia only started in 1993, which is recent enough that the guy who is now

CEO Jensen Huang, he was the same guy who founded the company along with two other guys. Jensen used to work as a waiter's assistant in a local Denny's Diner. When he was younger, he fell in love with computer science and eventually went from there to getting his dream job working with AMD, one of the leaders at the time, as a microprocessor designer. Until one day when he decided, I got an idea. Jensen basically realized the key thing that was holding PCs back from unparalleled performance, which I'm getting to. So he booked a table all the way back where it began, at a Denny's diner, with these two other guys. And that is famously where they hatched the plan to form Nvidia. There's literally a plaque on the wall where that meeting happened. But Nvidia didn't have its name at this point. Do you know where that came from? Well, most of the guys' files documenting their plans about this future company had been pretty uncreative named Next Version. So when they decided that we're actually doing

this they looked up words that included Envy in that order, and they found the Latin word Invidia, which is the name of an ancient Roman goddess. Invidia was the personification of Envy, a pretty unpleasant lady with a poison tongue and green eyes. Thus, the name Nvidia was born. So, the brand name basically means next version Envy, kind of saying you're going to be so jealous of our next chip. And now that you know where the Greene Eye logo comes from, you too will no longer be able to see it without also seeing this haunting image alongside it. So you're welcome. And now that you know, you will see this origin all across their branding too, like the slogan for the GeForce 8 series graphics cards was Green With Envy, and the company's highest n gpus for a long time, they were called Titans, and this Nvidia was believed by some ancient Greeks to be the daughter of a Titan. So it all LS together. But what actually made Nvidia different? What was this big idea that they were getting together for? Well in

1999, Nvidia released the GeForce 256, the first chip ever to be marketed as a Graphics Processing Unit, or GPU, a piece of hardware that could sit alongside your CPU, which at this time could only process one calculation at a time and take on the graphics rendering load while you're gaming using far more efficient parallel processing. It was designed to divide big tasks that would previously be done very slowly into smaller parts and then distribute those parts amongst many, many small processes, which in turn freed up people's actual CPUs to focus on things like in-game physics. The concept of the GPU quickly caught on in both PC and console gaming, which pretty much revolutionized gaming and very quickly turned Nvidia into a household name. Nvidia has absolutely killed it with GPUs ever since then. Fun fact, actually, this is the graphics card I installed on the first ever PC I built. Every couple of years, they come on stage, they've announced a new generation of graphics cards, and they've been so successful at making each one a leap above the last.

that they're now outselling their traditional rival AMD. You know, the company who Jensen originally got his dream job working at to a ridiculous extent. With Nvidia's first quarter revenue this year at $26 billion compared to AMD's, well, measly 5.5 billion. But they didn't get as big as they are today just by coasting on GPU sales. Here's the rocket fuel that made their growth just explode. Nvidia made a huge bet on AI in 2006. Nvidia released CUDA (Compute Unified Device Architecture), which they could have done a better job naming for something that's actually a bit of a game changer. It was a software platform that allowed the developers of apps to properly utilize the full power of Nvidia GPUs even for non-graphics tasks. Developers could take tasks that would usually be performed one by one on the CPU cores and instead, just like they've been able to do with games on Nvidia GPUs, split those tasks up and perform parallel processing using the thousands of GPU cores they now had.

access to this was a big moment for apps. It made Nvidia's graphics cards the tool for much more than just gaming. They became the gold standard for video editors, for financial modelers, cryptocurrency miners, anyone who wanted to do anything with a computer, and most importantly, for any company wanting to build and train a big powerful AI model. How do you do that? Not on CPUs, which are doing things one step at a time, but instead by harnessing the full power of a GPU. And which GPU are you most likely going to pick? Nvidia. Nvidia being the first company to unlock the full computational power of the GPU for the average developer meant that their CUDA software became the default option. Developers got comfy with it, it improved very quickly, and because this CUDA programming environment was built specifically around Nvidia's Graphics chips, it was super efficient. It's very similar to how efficient iPhones are because every thread of that iOS software is designed around every fragment of the iPhone hardware. And with this, by being very forward-thinking.

working with other tech companies on AI for literally the last two decades. Nvidia became embedded into the very fabric of artificial intelligence, whether it's researchers wanting to run complex simulations to figure out what proteins could potentially cure major diseases, or Tesla wanting to train algorithms for their self-driving cars. Nvidia became the crutch to lean on. Literally right now, Tesla is nearing completion on a supercomputer cluster at their Texas gigafactory, which is supposed to improve Tesla's full self-driving using $50,000 Nvidia GPUs. And a sub to the channel would be GP youtiful. That also could have been better. And so when AI development exploded over the last couple of years, with every single person and their dog now having access to tools like chat GBT, Gemini, and more, what's running all of that? When we ask for an image of a robotic Flamingo doing rolly-poly on the moon, what's processing that AI request? Yes, Nvidia. But another crazy bit of context, Nvidia's tech is also what

powers Amazon Web Services, which is the world's most broadly adopted web services provider. They're the company who builds the infrastructure for basically 30% of the cloud-based internet. So the chances are pretty high that anytime you visit a website, there is NVIDIA tech somewhere along the pipeline that's bringing it to you. So that explains the first part of this puzzle - how Nvidia became the sole arms dealer of the chips required for the now massive AI industry arms race. But how did they go one step further to actually overtake every single other tech company in June? Well, they decided to do a 10:1 stock split. And to find out what that is, I can just ask the Arya AI baked into the Opera browser. Explain to me a 10:1 stock split in two sentences with an example. Right, so a 10:1 stock split means that each existing share of a stock is divided into 10 new shares. And then it gives an example to say that if you owned 100 shares of a company

they did a 10 to 1 stock split. You would now have a thousand shares in your possession, but the total value of your investment is the same because it's just that now each individual share is worth a tenth of what it used to be. Why does that matter? Well, it means that for new investors, Nvidia shares have just gotten 10 times more affordable, so it makes investing in this company much more accessible at a time where the entire world is looking for some way to invest in AI. It became a no-brainer. It was explosive as for now and the future while Nvidia has been hit with a pretty severe Market correction so they backed down into third most valuable company, and while there are some question marks around AI like is it being over valued in the same way that the dotom bubble was and can the world sustain it cuz you know there was a recent study that showed that at the current rate of growth our AI needs alone will consume the amount of power of an entire country the size of the Netherlands but even

then now that the AI cat is out the bag, it doesn't look like AI is going anywhere. And even if it does, there's no changing that the world is going digital. Movies are now being made using game engine graphics. Surgeons are now honing their craft using digital twins of patients before operating on the real thing. The metav, if that ever comes to fruition, it's all being powered by Nvidia GPUs. So that's how Nvidia got to the crazy position that they're currently in. And by the way, Arya isn't even the most fun thing about the Opera browser anymore. So you've seen how tab Islands can help you group together all of your tasks into buckets so they're organized. But now you can hover over any tab and add a tab emoji too. Why? Well, aside from a delightful touch of customization, I've had two benefits from this. One, that every time I have two similar tabs open, this allows me to differentiate them instead of persistently gaslighting myself into opening the wrong one every time.

also, when you're browsing, you tend to have one or two key tabs. Like for me, it's the document I'm compiling all of my research into, and tab emojis mean that even if you've got like 40 things open at once, I always know to return to my cooking emoji. So give it a go using my link in the description.

How NVIDIA just defeated every other tech company

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I'm Arun Maini, I'm a 27 year old Economics graduate whose life's passion is Technology, and I'm on a mission to make the most FUN and USEFUL Tech videos on the Planet! 🙏





Mrwhosetheboss

Nvidia: The Surprising Rise to Becoming the World's Most Valuable Company

Nvidia became the world's most valuable company in 2024, surpassing tech giants like Microsoft and Apple, a remarkable feat for a company that was founded in 1993.

The company's name, derived from the ancient Roman goddess of envy, reflects its vision of producing cutting-edge computer chips, which has set them apart in the industry.

Nvidia's success is attributed to CEO Jensen Huang's innovative vision for unparalleled PC performance, as well as their strategic branding and product development.

The Impact of Nvidia's GeForce 256 and the Rise of GPUs

Nvidia's GeForce 256 introduced the concept of GPU, revolutionizing graphics rendering and allowing for more efficient parallel processing.

The company's success in continuously improving their graphics cards has led to outselling their rival AMD and dominating the market.

In 2006, Nvidia made a significant move by releasing CUDA, a software platform that enabled developers to harness the full power of GPUs for non-graphics tasks, ultimately fueling their tremendous growth.

Nvidia's Evolution from Gaming to AI Powerhouse

Nvidia's graphics cards transitioned from gaming tools to essential for video editing, financial modeling, and AI development.

The company's CUDA software became the default choice for developers, leading to its embedded role in artificial intelligence and collaboration with tech companies like Tesla.

Nvidia's GPUs are now crucial for running AI algorithms, as the company has become a cornerstone of AI development and processing.

Nvidia's Dominance and the 10:1 Stock Split

Nvidia is a key player in providing the infrastructure for 30% of the cloud-based internet, and they have become the leading supplier of chips for the AI industry.

The 10:1 stock split decision has made Nvidia's shares more affordable, attracting new investors and making it more accessible to invest in the company amid the growing demand for AI.

This move has solidified Nvidia's position, despite facing a market correction, and raised questions about the sustainability and valuation of the AI industry.

The Impact of AI and Digitalization on Movies, Medicine, and Browsing

AI is becoming integral in various fields, from movie production to medical training, largely powered by Nvidia GPUs.

Tab Islands in the Opera browser now offer the option to add tab emojis, providing both customization and improved task organization.

The use of tab emojis helps users differentiate between similar tabs and easily locate key tabs during browsing.