NVIDIA Corporation : Silicon Valley wants to break Nvidia’s CUDA software monopoly -March 27, 2024 at 10:55 am EDT

Technology giant Nvidia, known for its cutting-edge artificial intelligence (AI) chips, finds itself at a crossroads. With a market capitalization of $2200 billion, the firm has established itself as the beating heart of the new era of generative AI, powering developers ranging from innovative start-ups to behemoths such as Microsoft, OpenAI and Alphabet, Google’s parent company.

But beyond its revolutionary hardware, it’s nearly two decades of computer code that has cemented Nvidia’s near-incontested position. More than 4 million developers worldwide rely on Nvidia’s CUDA software platform to build AI applications, making competition with the company almost impossible.

However, a coalition

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