Nvidia unveils AI chips for video, software generation

Core Viewpoint - Nvidia plans to launch a new artificial intelligence chip by the end of next year, aimed at performing complex tasks such as video creation and software development [1] Company Summary - The new AI chip is expected to enhance Nvidia's product offerings in the rapidly growing AI sector, which is increasingly focused on advanced computational tasks [1] Industry Summary - The introduction of this chip aligns with the industry's trend towards more sophisticated AI applications, indicating a competitive landscape where companies are racing to innovate in AI technology [1]