who-owns-nvidia

Who Owns Nvidia?

The top individual shareholder of NVIDIA is Jen-Hsun Huang, founder and CEO of the company, with 87,521,722 shares giving him 3.50% ownership. Followed by Mark A. Stevens, venture capitalist and a partner at S-Cubed Capital, who was part of the NVIDIA board in 2008 and previously served as a director from 1993 to 2006, with 6,258,803 shares. Institutional investors comprise The Vanguard Group, Inc, with 196,015,550, owning 7.83%. BlackRock, Inc., with 177,858,484, owns 7.10%. And FMR LLC (Fidelity Institutional Asset Management) with 158,039,922, owning 6.31%.

Origin Story

Back in 1994, Sony used the term GPU as part of the launch of its PS1. Yet, by 1999 NVIDIA popularized the term with the launch of its GeForce 256.

The launch of the GeForce 256 was highly effective from a marketing standpoint. Indeed, defined as “the world’s first GPU,” it created a category in its own right. 

Eventually, NVIDIA’s GPU would become a standard for various industries (from gaming to AI).

gpu
Graphics processing units (GPUs) were initially conceived to accelerate 3D graphic rendering in video games. However, more recently, they have become popular in artificial intelligence and machine learning (ML) contexts. In fact, GPUs are critical components of AI Supercomputers, like Azure, which are powering up the current AI revolution.

By 2006, NVIDIA launched CUDA, a general-purpose programming model.

This accelerated the development of applications for various industries, from aerospace bio-science research to mechanical and fluid simulations and energy exploration. 

NVIDIA has been the leader in the GPU space, starting with a focus on PC graphics.

The company focuses on 3D graphics due to the exponential growth in the gaming market.

At the same time, NVIDIA also represents the physical platform of entire industries.

From scientific computing, artificial intelligence, AI, data science, autonomous vehicles, AV, robotics, and augmented and virtual reality, NVIDIA gives us an understanding of how tomorrow’s industries will evolve based on the physical capabilities offered by its chips. 

While GPU was initially applied primarily to gaming, running AI/ML algorithms that required massive computing power over the years became increasingly relevant.

Thus, GPU has become the basis for the most promising industries of this decade: AI, autonomous driving, robotics, AR/VR, and more. 

While NVIDIA is a GPU design company, it has followed a platform strategy. In short, it has leveraged hardware and software (with its stack made of algorithms and libraries) with the ability to serve several industries and a few other promising industries of the future. 

NVIDIA and the AI revolution

Thus, NVIDIA has found itself incredibly well-positioned for the AI revolution, which was spurred again by the meteoric rise of ChatGPT.

chatgpt-growth
ChatGPT’s meteoric rise saw the app grow from almost 37 million global searches per month in December to over 83 million global searches in January. By February, it passed almost 154 million searches.

Indeed, already by early 2023, the company has shifted most of its revenue generation from graphics (gaming) to computing and to network (AI).

nvidia-revenue-breakdown
NVIDIA generated almost $27 billion in revenue in 2023, of which $15 billion came from computing and networking and $11 billion from graphics. Opposite to 2022, where of $27 billion in revenue, over $15.8 billion came from Graphics and $11 billion from computing and networking. With the explosion of AI, the computing segment has become the main driver of NVIDIA’s growth.

This shift has happened because the current AI systems are built on top of AI supercomputers (capable of parallel computations), where the GPU has become the key ingredient.

current-AI-paradigm

In fact, a powerful AI supercomputer might require thousands of GPUs at once to enable the pre-training of large language models.

Below is the entire workflow of how ChatGPT went from pre-training to production, thanks to the AI supercomputer, which main component (the GPU) was provided by NVIDIA.

how-does-chat-gpt-work
ChatGPT leverages GPT-3.5 as the underlying model, while it uses an additional layer, a model called InstructGPT, which has become a standard within the OpenAI large language models. InstructGPT optimizes conversational abilities and improves on top of the existing GPT models.

Connected To NVIDIA

NVIDIA Business Model

nvidia-business-model
NVIDIA is a GPU design company, which develops and sells enterprise chips for industries spacing from gaming, data centers, professional visualizations, and autonomous driving. NVIDIA serves major large corporations as enterprise customers, and it uses a platform strategy where it combines its hardware with software tools to enhance its GPUs’ capabilities.

Who Owns NVIDIA

who-owns-nvidia
The top individual shareholder of NVIDIA is Jen-Hsun Huang, founder, and CEO of the company, with 87,521,722 shares giving him 3.50% ownership. Followed by Mark A. Stevens, venture capitalist and a partner at S-Cubed Capital, who was part of the NVIDIA board in 2008 and previously served as a director from 1993 to 2006, with 6,258,803 shares. Institutional investors comprise The Vanguard Group, Inc, with 196,015,550, owning 7.83%. BlackRock, Inc., with 177,858,484, owns 7.10%. And FMR LLC (Fidelity Institutional Asset Management) with 158,039,922, owning 6.31%.

NVIDIA Revenue

nvidia-revenue
NVIDIA generated almost $27 billion in revenue in 2023, compared to the same revenue value in 2022 and over $16.6 billion in 2021.

NVIDIA Revenue Breakdown

nvidia-revenue-breakdown
NVIDIA generated almost $27 billion in revenue in 2023, of which $15 billion came from computing and networking and $11 billion from graphics. Opposite to 2022, where of $27 billion in revenue, over $15.8 billion came from Graphics and $11 billion from computing and networking. With the explosion of AI, the computing segment has become the main driver of NVIDIA’s growth.

NVIDIA Revenue By Segment

nvidia-revenue-by-segment
NVIDIA generated almost $27 billion in revenue in 2023, of which over $15 billion came from competing & networking and $11.9 billion from graphics. NVIDIA, through its GPU, is powering up the AI supercomputing revolution, which is part of the current AI paradigm.

NVIDIA Profits

nvidia-profitability
NVIDIA generated $4.37 billion in net profits in 2023, compared to over $9.7 billion in profits in 2022, and $4.3 billion in 2021.

NVIDIA Employees

nvidia-rd-employees
In 2023, of 26,196 employees, 19,532 employees were engaged in R&D (74.5% of the total workforce). In 2022, 16,242 NVIDIA employees (72% of the workforce) were involved in R&D.

NVIDIA Revenue Per Employee

nvidia-revenue-per-employee
In 2023, NVIDIA generated $1,029,699 per employee, compared to almost $1.2 million in revenue per employee in 2022.

Connected AI Visual Stories

AI Supercomputer

ai-supercomputer

Transformer

transformer-architecture
The transformer architecture – sometimes referred to as the transformer neural network or transformer model – is an architecture that endeavors to solve sequence-to-sequence tasks while easily handling long-range dependencies.

GPU vs. TPU

GPU-vs-TPU

OpenAI Business Model

how-does-openai-make-money
OpenAI has built the foundational layer of the AI industry. With large generative models like GPT-3 and DALL-E, OpenAI offers API access to businesses that want to develop applications on top of its foundational models while being able to plug these models into their products and customize these models with proprietary data and additional AI features. On the other hand, OpenAI also released ChatGPT, developing around a freemium model. Microsoft also commercializes opener products through its commercial partnership.

OpenAI/Microsoft

openai-microsoft
OpenAI and Microsoft partnered up from a commercial standpoint. The history of the partnership started in 2016 and consolidated in 2019, with Microsoft investing a billion dollars into the partnership. It’s now taking a leap forward, with Microsoft in talks to put $10 billion into this partnership. Microsoft, through OpenAI, is developing its Azure AI Supercomputer while enhancing its Azure Enterprise Platform and integrating OpenAI’s models into its business and consumer products (GitHub, Office, Bing).

Stability AI Business Model

how-does-stability-ai-make-money
Stability AI is the entity behind Stable Diffusion. Stability makes money from our AI products and from providing AI consulting services to businesses. Stability AI monetizes Stable Diffusion via DreamStudio’s APIs. While it also releases it open-source for anyone to download and use. Stability AI also makes money via enterprise services, where its core development team offers the chance to enterprise customers to service, scale, and customize Stable Diffusion or other large generative models to their needs.

Stability AI Ecosystem

stability-ai-ecosystem

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who-owns-google
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who-owns-facebook
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Who Owns Apple

who-owns-apple
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who-owns-amazon
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who-owns-microsoft
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By 2022, most of Tesla’s shares are still owned by Elon Musk, among the company’s co-founders and the CEO. Elon Musk is the top individual investor, with a 23.5% stake in the company, equivalent to over 244 million shares. Musk is followed by Lawrence Ellison (founder of Oracle), with a 1.5% company stake. Ellison also sits on Tesla’s board. And Antonio Gracias, among the company’s first investors, has over 1.6 million shares. Other institutional investors and mutual funds like The Vanguard Group (6%), Blackrock (5.1%), and Capital Ventures International also have a good chunk of the company’s stocks.

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who-owns-paypal
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who-owns-netflix
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who-owns-tiktok
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who-owns-youtube
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who-owns-twitter
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who-owns-spotify
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Who Owns Nvidia

who-owns-nvidia
The top individual shareholder of NVIDIA is Jen-Hsun Huang, founder, and CEO of the company, with 87,521,722 shares giving him 3.50% ownership. Followed by Mark A. Stevens, venture capitalist and a partner at S-Cubed Capital, who was part of the NVIDIA board in 2008 and previously served as a director from 1993 to 2006, with 6,258,803 shares. Institutional investors comprise The Vanguard Group, Inc, with 196,015,550, owning 7.83%. BlackRock, Inc., with 177,858,484, owns 7.10%. And FMR LLC (Fidelity Institutional Asset Management) with 158,039,922, owning 6.31%.

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who-owns-snapchat
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who-owns-uber
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who-owns-shopify
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who-owns-roblox
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who-owns-twitch
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