The Story of NVIDIA’s Struggle NVIDIA’s curse affects AI and gaming, Sahil Verma.
NVIDIA was founded on April 5, 1993, about 2 decades after Microsoft and Apple.
The chip maker faced bankruptcy three times between 1993 and 1997. Their first chip, the NVI, failed in 1995. Plans for their second chip, the NV2. Abandoned in the middle of development.
At a critical moment, Huang famously remarked, “We only had 30 days to go out of business. All the products that this company was developing from the beginning failed. They had enough money to survive for about 30 days, then a very good development saw a bright light in 2024. Year 2024 NVIDIA is so restrained that Apple overtakes Microsoft Or Girl.
NVIDIA grew so fast that it surpassed the top ten largest companies in 180 days. In March, artificial intelligence chip giant NVIDIA’s market capitalization surpassed U$2 trillion. The report said the company took 180 days to double its valuation from US$1 trillion, less than half that of tech giants like Apple and Microsoft.
Nvidia’s ascent has been the fastest. It went from $2 trillion to $3 trillion in a record 96 calendar days. Microsoft took 649 days to do it, while Apple took 718 days.
Nvidia’s full story has now been told NVIDIA company started in 1993 At the time, the full form of CGI used in a film was computer-generated imagery.
American electronic engineer Jensen Huang and 2 friends started a company together, the company named NVIDIA Nvidia was founded on April 5, 1993, and started as a company.
His two friends were Chris Malachowsky and Curtis Prime When they started this company, they had $40,000 Soon all funds were gone When they ran out of money and were looking for investors, one investor came and helped them and his name was Sequoia Capital.
The company subsequently received $20 million in venture capital funding from Sequoia Capital and others. Don Valentine Funding Danger then threatens to kill the three of you if I lose my money.
In 1995, End Media created a graphic design called NV1, which failed and lost $20 million in funding. Microsoft introduced the texture mapping method around 1997
After the project was completed, an investor wanted to invest in the company and NEGA Graphic Design gave them a project.
The project was named NV2 After working on the project for a year, they felt they were going in the wrong direction Microsoft’s strategy was better than NVIDIA’s hardware The project offered by Sega Company was not successful and End Media requested full payment and received full payment from Sega. If this money did not come to NVIDIA, the NVIDIA company would have closed there.
$5 million paid in full to End Media Company. gave Got a big lifeline and started working on a new project for 6 months
In 1997 Nvidia introduced the Riva 128 graphics card The Riva 128 graphics card had very good utilities with 2D-3D support. N Media Company has learned from previous miscalculations to sell 1 million units in 4 months by reducing the price of new graphics cards. Then gradually the NVIDIA company started to grow and in 1999 worked on another project to create the successful product launch GEFORCE 256 graphics card.
Among these graphics chips, one of the best graphics chips was the GPU system which made it very useful for gaming. NVIDIA now makes money from five sectors, number one is gaming, number two is professional visualization, number three is data center and number four is automotive. Number 5. OEM
Disamber2022 ChatGPT Publisher NVIDIA Introduces NVIDIA Skyrockets and AI Boom Chat GPT at NVIDIA 2022 NVIDIA.
California, NVIDIA holds nearly 80% of the global market share in GPU semiconductor chips as of 2023.