Founded in 1993, Nvidia (NVDA) began as a pioneer in graphics processing units (GPUs), primarily serving the booming gaming industry.
In 2012, breakthrough research by Alex Krizhevsky, Ilya Sutskever, and Geoffrey Hinton demonstrated that Nvidiaâs GPUs were highly effective for training advanced AI models, such as those used in image recognition.
These chips excel at processing large amounts of data in parallel, and Nvidiaâs Cuda software enabled deep customization â a key advantage for AI developers.
Back then, Nvidiaâs market value was around $7â8 billion.
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