Nvidia details new AI chips and autonomous car project with Mercedes

Jensen Huang, CEO of chipmaking giant Nvidia, put his company at the forefront of the artificial intelligence boom by making semiconductors more powerful than any of his rivals’. This year, he’s promising to do it again.

On Monday, Huang said the company would begin shipping a new AI chip later this year that can do more computing with less power than previous generations of chips could. Known as the Vera Rubin, the chip has been in development for three years and is designed to fulfill AI requests more quickly and cheaply than its predecessors.