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TechCheck

Breaking Down the Nvidia Halo Effect 3/13/24

TechCheck

CNBC

Management, Cnbc, Tech, Faang, Investing, Business, Disruptors, Technology

4.566 Ratings

🗓️ 13 March 2024

⏱️ 5 minutes

🧾️ Download transcript

Summary

The Nvidia halo effect is alive and well. TechCheck spoke to the founder and CEO of Together AI, a newly minted unicorn that helps developers access Nvidia server chips to train their AI models, on how amid the scarcity of GPUs, it's all about making the supply of existing ones more efficient.

Transcript

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0:00.0

The invoia halo has been crowning winners in the public markets, including ship manufacturer

0:05.2

arm, but that's been reaching the private markets too now spurring new unicorns.

0:10.4

Our dear Jibosa breaking some news on that front in today's Tech,

0:13.8

Deep. Hey good morning Leslie so yes another unicorn minted where else but in

0:18.9

that Gen AI universe I can report exclusively that together AI has raised more than a hundred million

0:24.8

dollars at a more than billion dollar valuation that doubles its valuation from

0:29.0

just a few months ago and here is why it sits at the very buzzy intersection

0:33.6

of AI venture investing and the Invidia HALO.

0:37.4

Together AI helps developers access

0:39.8

Invidia server chips to then train their AI models. Essentially, it's a GPU reseller. and Vipel-Ved-Ved-Prakesh explains that amid the scarcity of

0:53.8

of GPS it's all about making the supply of existing ones more efficient.

0:59.2

Together AI makes generative AI more efficient which means that you can you know using the

1:06.7

same GPUs you can do a lot more work if you can you make inference for example

1:11.2

which is the the process of generating something using a model,

1:16.2

you make that six times faster than what you can do with regular software, that that's directly proportional to the economics

1:26.6

there is an entire ecosystem developing in private markets around invidia

1:31.4

gp use access to them layering on efficiency like together AI,

1:36.0

using them to build the models that consumers are now

1:38.0

becoming familiar with like chat gee BT or a character AI.

1:41.0

The NVIDIA Universe it is expanding quickly in public and

1:45.0

private markets and so it is no surprise that many folks here in Silicon Valley

1:49.0

they are buzzing about Invidia's developer conference next week.

...

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