Nvidia

Officials are concerned about firm's AI chip dominance

Wipeout of $279 billion a record single-day drop for a US company

Nvidia's market value decreased by 7.7% to $2.92 trillion

Value fell despite record earnings

Nasdaq Composite and S&P 500 drop significantly

The deal provides Graphcore with resources to scale its operations

Will enable servers to handle a one-trillion-parameter AI model in its entirety

Growth fuelled by demand for AI chips

Has the AI chip boom plateaued?

At the KubeCon event in Paris this week, Nvidia engineers spoke of challenges and solutions for accelerating AI workloads using GPUs with Kubernetes.