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'NVDA stock risks becoming IBM’: Could a push for decentralized AI threaten leading chipmakers?
"A $30,000 GPU is not the future of AI," one expert claims referring to NVDA stock decline
But for Tory Green, CEO of GPU-power aggregator io.net, the dip reflects something deeper: growing unease with the centralized model that currently dominates AI development, especially when it comes to building out high-performance graphics processing units (GPUs). Last week, Nvidia CEO Jensen Huang told CNBC that its next-generation Blackwell GPU will cost between $30,000 and $40,000 per unit — part of a broader $10 billion research and development effort. The company claimed it trained its AI assistant using less than $6 million worth of computing power from Nvidia’s modified H800 chips — intended for the Chinese market as a workaround to U.S. export restrictions.
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