New Delhi, March 18 -- Nvidia, the world's most valuable company, launched two new chips on Monday. At its launch, chief Jensen Huang told a packed stadium that the chipmaker was changing strategy: after over three years of doubling down on training artificial intelligence, its new chips will now be optimized to run AI. Does this make any difference? Mint explains.

Nvidia launched a new generation of its Vera Rubin chips, and an all-new Nvidia Groq 3 chip-designed after it signed a $20-billion partnership deal with the founder of Google's custom chip.

These focus on power efficiency, thereby significantly reducing the cost of AI. Huang referred to 'inferencing' or the cost of running AI, which he said will fall drastically when these ne...