TECH - Elon Musk's 'The Next Big Thing' At xAI Showcases Nvidia's Market Says Analyst Pierre Ferragu: 'This Is Huge' | Benzinga
xAI founder and the CEO of SpaceX and Tesla, Elon Musk, says the “next big step” for the artificial intelligence company would be Nvidia Corporation’s (NASDAQ:NVDA) AI chips, the Blackwell B200s. According to New Street Research analyst Pierre Ferragu, this development underscores the market dominance of the Jensen Huang-led company.
What Happened: Over the weekend, Musk responded to a user’s post on X, formerly Twitter, and suggested that investing in current technology like Nvidia’s H100s may not be wise. “Given the pace of technology improvement, it's not worth sinking 1GW of power into H100s,” he stated.
The tech mogul went on to say that his AI startup xAI’s 100,000 H100 liquid-cooled training cluster will be online in a few months and the next significant move for the company would be to invest in 300,000 B200s with CX8 networking next summer.
When Nvidia launched its next-generation AI chips earlier this year, ...