NVIDIA Ranked The Smartest Company In The World By MIT

NVIDIA claimed the top spot in this year’s MIT smartest companies list, thanks to its big bets in Artificial intelligence and deep learning. The chip giant ranked above SpaceX which came second and Amazon came third. Google and Apple with their disruptive technologies ranked 5th and 16th respectively. NVIDIA AI Success NVIDIA has established itself as a developer of graphics chips and video games. However, it has started to expand its footprint into the business of developing chips for powering artificial intelligence technology. It is this bets that researchers at MIT believe justifies the company’s top spot as the world smartest company. Companies like Google and Apple are turning to NVidia’s data centers and chips for housing and developing their AI technologies. The chip giant is on course to benefit a great deal from these companies big bets having already invested $3 billion in the development of new data center chip. In the first quarter of the year, the company’s revenues from data centers and automotive business grew by 186% and 24% respectively. NVIDIA has already spent $2 billion on the development of its latest deep learning specific chip, Tesla P100, buoyed by the growing demand for its AI powering…

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