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NVDA – AI means everyone can now be a programmer, Nvidia chief says

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TAIPEI, May 29 (Reuters) – Artificial intelligence means everyone can now be a computer programmer as all they need to do is speak to the computer, Nvidia Corp (NVDA.O) CEO Jensen Huang said on Monday, hailing the end of the “digital divide”.

Nvidia has surged to become the world’s most valuable listed semiconductor company as a major supplier of chips and computing systems for artificial intelligence.

The company last week forecast second-quarter revenue more than 50% above Wall Street estimates and said it was boosting supply to meet surging demand for its artificial-intelligence chips, which are used to power ChatGPT and many similar services.

Speaking to thousands of people at the Computex forum in Taipei, Huang, who was born in southern Taiwan before his family emigrated to the United States when he was a child, said AI was leading a computing revolution.

“There’s no question we’re in a new computing era,” he said in a speech, occasionally dropping in words of Mandarin or Taiwanese to the delight of the crowd.

“Every single computing era you could do different things that weren’t possible before, and artificial intelligence certainly qualifies,” Huang added.

“The programming barrier is incredibly low. We have closed the digital divide. Everyone is a programmer now – you just have to say something to the computer,” he said.

“The rate of progress, because it’s so easy to use, is the reason why it’s growing so fast. This is going to touch literally every single industry.”

Nvidia’s chips have helped companies such as Microsoft Corp (MSFT.O) add human-like chat features to search engines such as Bing.

Huang demonstrated what AI could do, including getting a programme to write a short pop song praising Nvidia with only a few words of instruction.

He unveiled several new applications, including a partnership with the world’s largest advertising group WPP (WPP.L) for generative AI-enabled content for digital advertising.

Nvidia has strained to meet demand for its AI chips, with Tesla Inc TSLA.O CEO Elon Musk, who is reportedly building out an artificial-intelligence startup, last week telling an interviewer that the graphics processing units (GPUs) are “considerably harder to get than drugs”.

Reporting by Ben Blanchard; editing by Jason Neely

Our Standards: The Thomson Reuters Trust Principles.

NVDA – MediaTek Partners With NVIDIA to Provide Full-Scale Product Roadmap to the Automotive Industry

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Integrating new NVIDIA GPU chiplet into the MediaTek Dimensity Auto platform provides the most advanced AI, connectivity and computing capabilities for next-generation smart cabins

TAIPEI, May 29, 2023 /PRNewswire/ — MediaTek today announced a partnership with NVIDIA to deliver a complete range of in-vehicle AI cabin solutions for the next generation of software-defined vehicles. The collaboration combines the strength of each company’s automotive portfolios to deliver the most compelling solutions for state-of-the-art connected cars.

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MediaTek Dimensity Auto
MediaTek Dimensity Auto

“NVIDIA is a world-renowned pioneer and industry leader in AI and computing. With this partnership, our collaborative vision is to provide a global one-stop shop for the automotive industry, designing the next generation of intelligent, always-connected vehicles,” said Rick Tsai, Vice Chairman and CEO of MediaTek. “Through this special collaboration with NVIDIA, we will together be able to offer a truly unique platform for the compute intensive, software-defined vehicle of the future.”

“AI and accelerated computing are fueling the transformation of the entire auto industry,” said Jensen Huang, founder and CEO of NVIDIA. “The combination of MediaTek’s industry-leading SoC and NVIDIA’s GPU and AI software technologies will enable new user experiences, enhanced safety and new connected services for all vehicle segments, from luxury to mainstream.”

Through this collaboration, MediaTek will develop automotive SoCs integrating a new NVIDIA GPU chiplet with NVIDIA AI and graphics IP. Chiplets are connected by an ultra-fast and coherent chiplet interconnect technology.

MediaTek’s smart cabin solutions will run NVIDIA DRIVE OS, DRIVE IX, CUDA and TensorRT software technologies — delivering a full range of AI cabin and cockpit functions with cutting-edge graphics, AI, safety and security features.

MediaTek will work with NVIDIA to deliver automotive solutions that surpass the industry’s growing needs and demands while posing a significant market opportunity for the companies. According to Gartner®, the total addressable market for infotainment and instrument cluster SoCs used within vehicles will reach $12 billion in 2023.1

By tapping NVIDIA’s core expertise in AI, cloud, graphics technology and software, and pairing with NVIDIA ADAS solutions, MediaTek can bolster the capabilities of its comprehensive Dimensity Auto platform, which leverages the company’s expertise in mobile computing, high-speed connectivity, entertainment and extensive Android ecosystem, to deliver an all-around smarter in-vehicle experience.

About MediaTek Inc.
MediaTek Incorporated (TWSE: 2454) is a global fabless semiconductor company that enables nearly 2 billion connected devices a year. We are a market leader in developing innovative systems-on-chip (SoC) for mobile, home entertainment, connectivity and IoT products. Our dedication to innovation has positioned us as a driving market force in several key technology areas, including highly power-efficient mobile technologies, automotive solutions and a broad range of advanced multimedia products such as smartphones, tablets, digital televisions, 5G, Voice Assistant Devices (VAD) and wearables. MediaTek empowers and inspires people to expand their horizons and achieve their goals through smart technology, more easily and efficiently than ever before. We work with the brands you love to make great technology accessible to everyone, and it drives everything we do. Visit www.mediatek.com for more information.

For further information, contact:

MediaTek Press Office:
[email protected]
Kevin Keating
+1- 206-321-7295
10188 Telesis Ct #500, San Diego, CA 92121, USA

1 Gartner, Forecast Analysis: Automotive Semiconductors, Worldwide, 2021-2031, January 18, 2023; Table 1 – Automotive Semiconductor Forecast by Application (Billions of U.S. Dollars)

Calculation performed by NVIDIA based on Gartner research. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

SOURCE MediaTek Inc.

AA – Yellow Stem Announces Name Change and Corporate Update

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Vancouver, British Columbia–(Newsfile Corp. – May 29, 2023) – Yellow Stem Tech Inc. (CSE: YY) (the “Company”) provides an update on corporate events.

Name Change

As disclosed in the Company’s news release of May 15, 2023, the Company’s name change from Yellow Stem Tech Inc. to Sweet Poison Spirits Inc. will be effective on June 1, 2023. The Company’s trading symbol will change to “SPS”, and the new CUSIP number for the Company’s common shares will be 87043J104.

Business Update

The name change is a result of the Company rebranding itself and all its affiliated businesses. Principally the Company will be operating under its Product Distribution Agreement (the “Distribution Agreement”) with Sweet Poison Spirits S de RL de CV, a Mexican company headquartered in Guadalajara, Mexico, and Sweet Poison Spirits LLC, a California limited liability corporation headquartered in San Diego, California (collectively, “Sweet Poison”) to distribute Sweet Poison’s premium Tequila and Mezcal products under the “Sweet Poison” brand names. For details of the Distribution Agreement and the related industry, please see the Company’s Listing Statement dated March 27, 2023 as filed on SEDAR and the CSE website. Please also refer to the Company’s news release of May 15, 2023, which sets out terms of amendments to the Distribution Agreement. The Listing Statement is being reviewed by the CSE, and so is subject to change. Any material changes will be outlined in a subsequent news release and reflected in a revised Listing Statement.

While distributing Sweet Poison spirits under the Distribution Agreement will be the Company’s primary focus in the next 12 months, the Company continues to monitor the pricing of cryptocurrencies, with a view to restarting its mining operations should it again become profitable. As noted in prior disclosure, the Company ceased mining cryptocurrency shortly after acquiring its mining rigs due to a material decline in cryptocurrency prices. Similarly, while the Company is not presently carrying any activities in the hemp growing and product manufacturing business, the Company may re-initiate such business under the “Sweet Poison” brand, should that industry again look profitable.

The Company intends to investigate new and alternative businesses that are complementary to management’s skills and expertise, all of which will be operated under the “Sweet Poison” brand.

Private Placement

As previously announced (see news release of May 15, 2023), the Company has arranged a non-brokered private placement of up to $1 million through the issuance of up to 10 million units (the “Units”) at a price of $0.10 per Unit. Funds will be used primarily to acquire inventory from Sweet Poison, to arrange new distribution agents, and for marketing costs associated with distributing the Sweet Poison tequila and mezcal products.

ON BEHALF OF THE BOARD

Signed “Robert Eadie”
Robert Eadie, President, Chief Executive Officer and Director

FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-602-4935 ? Facsimile: 1-604-602-4936
Contact: Robert Eadie

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain statements and information herein, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to closing of agreements and future operations.

Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. There is no assurance the Company will be able to execute its distribution plans profitably, or at all. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/167774

info

MS – Chinese consumers won’t return to pre-Covid spending soon — a problem for Starbucks, Morgan Stanley says

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  • Chinese consumer spending won’t return to pre-Covid levels anytime soon, a problem for international brands such as Starbucks, Morgan Stanley said in a report.
  • After an expected 9% rebound in Chinese consumers’ spending this year, the analysts forecast an increase of 4.8% next year — 0.5 percentage points lower than before the pandemic.
  • Meanwhile, the number of coffee stores grew by 16% year-on-year in April — mostly local brands, the Morgan Stanley report said.
Starbucks opened its 6,000 store in mainland China in September 2022.
Bloomberg | Bloomberg | Getty Images

BEIJING — Chinese consumer spending won’t return to pre-Covid levels anytime soon, a problem for international brands such as Starbucks, Morgan Stanley said in a report Sunday.

Not only are people more cautious, but they now have more choices.

On the spending side, three factors are weighing on China’s consumer this year, the Morgan Stanley analysts said.

First, China has not handed out stimulus checks to consumers as the U.S. and other parts of the world did in the wake of Covid.

Second, pandemic restrictions and regulatory changes have eliminated 30 million service sector jobs that would have existed prior to Covid, the analysts estimated.

About 20 million of those jobs are likely to return later this year and next, the report said. But the analysts expect the remaining 10 million will take longer to restore since they were affected by Beijing’s crackdown on education, internet technology and property.

Third, the housing market has remained persistently soft in the wake of government efforts to limit speculation.

Previously, as recently as during the first half of 2021, property sales had led the recovery, the Morgan Stanley analysts pointed out.

Las Vegas Sands is a 'huge believer' in Macao and will be there for the long haul, CEO says

Covid-19 and measures to control it from 2020 to 2022 dragged down China’s economy. Since the abrupt end of those restrictions in December, growth has only recovered modestly.

After an expected 9% rebound in Chinese consumers’ spending this year, Morgan Stanley analysts forecast an increase of 4.8% next year — 0.5 percentage points lower than before the pandemic.

For Starbucks, the analysts expect the industry metric of same-store sales in China to grow by about 7% this year. That’s still “down roughly low-teens” versus 2019 levels, the report said.

Local market gets tougher

Also making things harder for international brands is growing local competition.

In fact, the U.S.-based coffee giant is “least favored to lever China’s recovery,” among to the Morgan Stanley analysts’ U.S. “restaurants” stock picks.

In April, China saw a 16% year-on-year increase in the number of coffee stores — mostly local brands, the Morgan Stanley report said. “As a result, MNCs like SBUX have been losing market share (though still growing stores at a robust pace).”

“The brand has more competition from relatively nascent but rapidly growing concepts like Luckin, Cotti, and Tim Hortons.”

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Tim Hortons parent versus Starbucks

China-based Luckin Coffee now has more than 9,000 stores, while Tim Hortons has more than 600 locations after entering the country in 2019, according to the companies. New brand Cotti Coffee is so popular its website warns of people trying to impersonate the brand.

Starbucks opened its 6,000th store in mainland China in September 2022.

SMCI – Supermicro Features Unparalleled Array of New Servers and Storage Systems at COMPUTEX 2023

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From the Data Center to the Edge, Supermicro Designs and Manufactures Total Rack Scale Solutions to Achieve Superior Performance, Flexibility, and Energy Efficiency with Rapid Deployment 

SAN JOSE, Calif. and TAIPEI, Taiwan, May 29, 2023 /PRNewswire/ — Super Micro Computer, Inc. (Nasdaq: SMCI), a Total IT Solution Provider for Cloud, AI/ML, Storage, and 5G/Edge, continues to innovate with a broad range of servers to meet IT requirements for modern workloads. Supermicro’s Building Block Server® methodology enables a first-to-market delivery with the latest technology from Intel, AMD, and NVIDIA. Purpose built servers deliver exceptional performance for a wide range of AI, Cloud, and 5G workloads, from the data center to the edge.

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Supermicro Features Unparalleled Array of New Servers and Storage Systems at COMPUTEX 2023
Supermicro Features Unparalleled Array of New Servers and Storage Systems at COMPUTEX 2023

“As we expand our production capacity to meet the rapidly growing demand of high-performance large-scale AI infrastructure and cloud data centers, Supermicro delivers the industry’s most innovative and advanced systems integrated as a turn-key total rack solution,” said Charles Liang, president and CEO of Supermicro. “From the most powerful AI systems available, with up to eight NVIDIA H100 HGX GPUs to compact edge servers that must perform in challenging environmental conditions we provide the broadest portfolio of solutions for today’s most demanding workloads, including new liquid cooling solutions that reduce data center power consumption and increase performance.”

At the COMPUTEX 2023 event, Supermicro will be showcasing a wide range of servers and storage solutions and demonstrate the fully integrated rack with the newest liquid cooling technologies that enable unprecedented energy efficiency and fast deployment.

The highlights of the Supermicro lineup at COMPUTEX 2023 include the following:

  • Rack Scale Liquid Cooling – Supermicro’s full rack liquid cooling solution enables organizations to run the highest performing GPU servers and maintain the optimal operating conditions. Supermicro supplies, integrates, and tests complete rack level liquid cooling solutions, including CDUs with redundant power and pumps, Cooling Distribution Manifolds (CDM), leakproof connectors, and optimized hoses. In addition, a Supermicro designed highly efficient cold plate enhances heat removal from both CPUs and GPUs.
     
  • GPU-Optimized Systems – Servers with 8 or 4 NVIDIA HGX H100 Tensor Core GPUs and dual 4th Gen Intel Xeon Scalable processors or dual 4th Gen AMD EPYC processors. The X13 and H13 GPU systems are open, modular, standards-based servers that provide superior performance and serviceability with a hot-swappable, toolless design. GPU options include the latest PCIe, OAM, and NVIDIA SXM technology. These GPU servers are ideal for workloads with the most demanding AI training performance, HPC, and Big Data Analytics. The new Intel GPU Max series and a new server using the NVIDIA Grace Superchip are also available.
     
  • SuperBlade® – Supermicro’s high-performance, density-optimized, and energy-efficient X13 SuperBlade, built with 4th Gen Intel Xeon Scalable processors, can significantly reduce initial capital and operational expenses for many organizations. SuperBlade utilizes shared, redundant components, including cooling, networking, power, and chassis management, to deliver the compute performance of an entire server rack in a much smaller physical footprint. These systems support GPU-enabled blades and are optimized for AI, Data Analytics, HPC, Cloud, and Enterprise workloads. Compared to industry-standard servers, a cable reduction of up to 95% reduces costs and can lower power usage.
     
  • Hyper – With dual 4th Gen Intel Xeon Scalable processors or dual 4th Gen AMD EPYC processors – The X13 and H13 Hyper series brings next-generation performance to Supermicro’s range of rackmount servers, built to take on the most demanding workloads along with the storage & I/O flexibility that provides a custom fit for a wide range of application needs.
     
  • BigTwin® (2U4N) – The X13 BigTwin with dual 4th Gen Intel Xeon Scalable processors per node to provide superior density, performance, and serviceability with hot-swappable components in a toolless design. These systems are ideal for cloud, storage, and media workloads.
     
  • CloudDC – With 4th Gen Intel Xeon Scalable processors or 4th Gen AMD EPYC processors – Ultimate flexibility on I/O and storage with 2 or 6 PCIe 5.0 slots and dual AIOM slots (PCIe 5.0; OCP 3.0 compliant) for maximum data throughput. Supermicro X13 and H13 CloudDC systems are designed for convenient serviceability with toolless brackets, hot-swap drive trays, and redundant power supplies that ensure rapid deployment and more efficient maintenance in data centers.
     
  • GrandTwin™ – Using with 4th Gen Intel Xeon Scalable processor or 4th Gen AMD EPYC processor – The X13 and H13 GrandTwin is purpose-built for single-processor performance. The design maximizes computing performance, memory, and efficiency to deliver maximum density. GrandTwin’s flexible modular design can be easily adapted for a wide range of applications, with the ability to add or remove components as required, reducing cost. In addition, the Supermicro GrandTwin features front (cold aisle) hot-swappable nodes, which can be configured with either front or rear I/O for easier serviceability. As a result, the X13 and H13 GrandTwin are ideal for workloads such as CDN, Multi-Access Edge Computing, Cloud Gaming, and High-Availability Cache Clusters.
     
  • SuperEdge – Using the 4th Gen Intel Xeon Scalable processor Supermicro’s X13 SuperEdge is designed to handle increasing compute and I/O density requirements of modern edge applications. With three customizable single-processor nodes, SuperEdge delivers high-class performance in a 2U, short-depth form factor. Each node is hot-swappable and offers front access I/O, making the system ideal for remote IoT, Edge, or Telco deployments. Additionally, with flexible Ethernet or Fiber connectivity options to the BMC, Super Edge makes it easy for customers to choose remote management connections per their deployment environments.
     
  • Petascale Storage – The All-Flash NVMe systems powered by a 4th Gen Intel Xeon Scalable processor or a 4th Gen AMD EPYC processor offer industry-leading storage density and performance with EDSFF drives, allowing unprecedented capacity and performance in a single 1U chassis. The first in a coming lineup of X13 and H13 storage systems, these latest petascale servers support 9.5mm and 15mm E1.S or 7.5mm E3.S EDSFF (EYPC only) media designed with PCIe 5.0 interface. They are now shipping from all the industry-leading flash vendors.
     
  • Liquid Cooled-AI Development Platform – The deskside liquid-cooled AI development platform addresses the thermal design power needs of the four NVIDIA® A100 Tensor Core GPUs and the two 4th Gen Intel Xeon Scalable CPUs to enable full performance while improving the overall system’s efficiency and enabling quiet (approximately 30dB) operation in an office environment. In addition, this system is designed to accommodate high-performing CPUs and GPUs, making it ideal for AI/DL/ML and HPC applications.

To learn more about Supermicro and talk to product experts at Computex Taipei 2023, visit
www.supermicro.com/computex.

To learn more about Supermicro’s wide range of products, visit www.supermicro.com.

About Super Micro Computer, Inc.

Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first to market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are transforming into a Total IT Solutions provider with server, AI, storage, IoT, and switch systems, software, and services while delivering advanced high-volume motherboard, power, and chassis products. The products are designed and manufactured in-house (in the US, Taiwan, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power and cooling solutions (air-conditioned, free air cooling or liquid cooling).

Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.

All other brands, names, and trademarks are the property of their respective owners.

SOURCE Super Micro Computer, Inc.

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