Nvidia (NVDA.O) announced on Tuesday that it plans to release a new artificial intelligence chip by the end of next year, designed to manage complex tasks like video creation and software development.
The chips, named "Rubin CPX," will be built on Nvidia's next-generation Rubin architecture, which will succeed the current "Blackwell" technology that marked the company's expansion into providing larger processing systems. As AI systems become more advanced, the demand for handling data-heavy tasks such as "vibe coding" or AI-assisted code and video generation is increasing.
AI models can require up to 1 million tokens to process just an hour of video content, a daunting task for traditional GPUs, according to the company. Tokens refer to the units of data processed by an AI model.
To address this challenge, Nvidia will incorporate several stages of the processing chain, such as video decoding, encoding, and inference (when AI models produce results), into its new chip.
By investing $100 million in these systems, Nvidia believes it could generate $5 billion in token revenue, as Wall Street places increasing focus on the returns from the massive investments in AI hardware. The race to build the most advanced AI systems has elevated Nvidia to the position of the world's most valuable company, securing a dominant share of the AI chip market with its premium, high-performance processors.
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The collective-defence agreement between Türkiye, Saudi Arabia and Pakistan signals that regional powers no longer want to rely solely on external security guarantees. Whether it becomes a stabilising deterrent or another axis of rivalry remains unresolved.
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
Shipping through the Strait of Hormuz has slowed, according to the latest data, as uncertainty over the waterway’s reopening kept most shipowners away. Six commodity vessels crossed the strait on Tuesday, down from nine the day before and below the 10-day daily average of 11.
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade and sanctions and releasing Iran’s frozen assets.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 19th of August, covering the latest developments.
An artificial intelligence agent running an experimental store in San Francisco has recommended dismissing a human employee after the worker repeatedly arrived late for shifts.
Nvidia is teaming up with some of the biggest names in global finance in a move that underscores how artificial intelligence is rapidly becoming one of the world's most sought-after investment themes.
Parts of Europe and the Arctic will briefly fall into darkness on Wednesday, 12 August, as the Moon passes between Earth and the Sun in a total solar eclipse.
Meta said one of its AI models hacked another company's systems during cybersecurity testing, intensifying concerns about how developers can contain increasingly capable AI systems following similar incidents involving Anthropic and OpenAI.
Scientists say the accidental crash of a discarded SpaceX rocket stage into the moon has provided valuable data on impact cratering while posing no threat to Earth or lunar hardware.
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