Nvidia says it has seen its data centre business grow to $240 million – an increase of 193 per cent since last year.
The company released its third quarter financial results in the past few days and said that total revenues were $2 billion – up 59 per cent compared with the same quarter last year.
Jen-Hsun Huang, founder and chief executive officer, Nvidia, says: “We had a breakout quarter – record revenue, record margins and record earnings were driven by strength across all product lines.
“Our new Pascal GPUs are fully ramped and enjoying great success in gaming, VR, self-driving cars and datacenter AI computing.
“We have invested years of work and billions of dollars to advance deep learning. Our GPU deep learning platform runs every AI framework, and is available in cloud services from Amazon, IBM, Microsoft and Alibaba, and in servers from every OEM. GPU deep learning has sparked a wave of innovations that will usher in the next era of computing.”
The Nvidia report noted that the company had made significant financial and technical progress in a number of sectors, including:
- gaming – where it released a range of new notebooks;
- data centres – launched a range of GPUs and artificially intelligent supercomputers; and
- automotive – created a platform for autonomous cars.
Nvidia has also positioned itself in a number of markets through partnerships with companies such as Fanuc, Baidu, and TomTom.