Nvidia: Expect Amazon To Buy More Pricey Tesla GPUs

Shareholders of Nvidia (NASDAQ:NVDA) should welcome the news that Amazon (NASDAQ:AMZN) is increasing its presence in cloud-based artificial intelligence compute services. Amazon Web Services (AWS) will rent out computers (powered by up to eight Nvidia GPUs) to companies who want to run cloud-based deep learning or artificial intelligence (AI) software. The Bloomberg article also mentioned that a single artificial intelligence software could utilize up to 80 computers. Amazon will likely become a major buyer of Nvidia’s new Tesla P100 GPU. Nvidia spent $2 billion on Research & Development to make the Tesla P100. Nvidia specifically created the Tesla P100 to accelerate deep learning and artificial intelligence computing. With 15 billion transistors, the Tesla P100 can learn incoming data 12x faster than previous Nvidia GPUs. Amazon is definitely impressed with Nvidia’s…


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