NVIDIA CEO Jensen Huang presented some of the latest technologies and updates at the company’s annual AI conference, NVIDIA GTC.

One of the first technologies unveiled is the latest artificial intelligence chip, which can allegedly perform some tasks 30 times faster than the previous one.

In addition to the B200 “Blackwell” chip, Jensen Huang detailed a new set of software tools.

The CEO also introduced the Blackwell platform. It is a GPU architecture for working with generative artificial intelligence. According to the company, the platform can perform “real-time generative AI on large language models with trillions of parameters at up to 25 times lower cost and power consumption compared to its predecessor Hopper.”

“Generative AI is the defining technology of our time. Blackwell is the engine that will drive this new industrial revolution. Working with the world’s most dynamic companies, we will realize the promise of AI for every industry,” commented Jensen Huang.

Blackwell consists of six technologies: a 208 billion transistor chip, a second-generation transformer, a fifth-generation NLink, a RAS engine, a decompression engine, and support for new encryption protocols on local interfaces.

According to NVIDIA, Blackwell will enable breakthroughs in areas such as data processing, engineering simulation, electronic design automation, computer-aided drug design, quantum computing and generative AI.

A number of companies are expected to adopt Blackwell, including AWS, Dell, Google, Meta, Microsoft, OpenAI, Oracle, Tesla and xAI.

NVIDIA also introduced a new supercomputer, the DGX SuperPOD, which is powered by Blackwell chips. According to the company, each of these Superchips provides a 30x performance increase for LLM inputs compared to NVIDIA H100 Tensor Core GPUs.

“The new DGX SuperPOD combines NVIDIA’s latest advancements in accelerated computing, networking and software to enable every company, industry and country to refine and generate their own AI,” says the CEO.

Also, SuperPOD offers predictive management capabilities that help in reducing downtime and inefficiencies while identifying problem areas. This allows it to suggest maintenance steps, adjust computing resource usage, and optimize and resume tasks.

Jensen Huang also shared a new series of chips to create humanoid robots, inviting several of the robots to join him on stage.

The company has an 80% market share and hopes to consolidate its dominant position. It is the third largest company in the US, behind Microsoft and Apple. Its shares have risen 240% in the past year and its market value reached $2 billion last month.