Artificial Intelligence the next big investment theme
Game lovers are likely to be familiar with Nvidia’s graphics processors. The US tech firm continues to derive the bulk of its revenue from gaming-related semiconductors, but there is now a new growth segment — chips for artificial intelligence (AI). Business related to deep learning, a core part of an artificially intelligent machine, is one key factor behind Nvidia’s impressive first-quarter results. The advanced machine learning function is being applied to numerous areas, including speech recognition, video search, face detection and self-driving vehicles. Nvidia is already working closely with automaker Tesla in development of driverless car technology, which deploys AI to detect pedestrians and track lanes and to recognize traffic signs. Jen-Hsun Huang, Nvidia’s president and CEO, told the media that his company expects to see “a lot more global penetration”…
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