Nvidia Deep Learning GPU Demand Rises After Crypto Mining Decline: Guest Post by ItsBitcoinWorld and ChatGPT

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The surge of interest surrounding AI technologies such as ChatGPT has caused demand for NVIDIA GPUs to rise. Now, hardware like the H100 deep learning GPUs cost hundreds if not thousands of dollars more than suggested retail prices. For example, an H100 was previously available at a suggested retail price of $35,000, however, these machines are now being sold for up to $45,000 according to some vendors.

John Carmack, a prominent figure in the IT sector, has taken notice of the outrageous pricing and is one of many contributing to the spike in demand. ChatGPT, in particular, requires a large amount of computational power which, in turn, is driving the market’s need for powerful GPUs such as the NVIDIA H100. To meet the current and future needs, Amazon, Oracle and Microsoft have announced their cloud support for the NVIDIA GPU.

Topping it off, ChatGPT itself was trained on up to 10,000 NVIDIA GPUs. This, it’s projected that the demand for generative AI technology in the following years will shoot up – it’s no wonder 2023 is being named one of the most exciting years for the tech sector. It’s an exciting time for AI and the battle for the most powerful technology solutions to power the industry continues.

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