MIT Crowns Nvidia as Smartest Company For Bitcoin, Ethereum & AI Development

Nvidia, the California-based graphics chip manufacturer and technology company, was officially crowned by the Massachusetts Institute of Technology (MIT) as the smartest company in the world for its innovation in fields such as AI, deep learning and AI. The list of "smart" companies produced by MIT included some of the most innovative companies in the technology and manufacturing sectors such as SpaceX, Tesla and Amazon but according to MIT Technology Review editor David Rotman, Nvidia's explosive growth in the AI and Blockchain markets gave the firm an edge over other companies. "The list is our best guess as to which firms will be the dominant companies of the future. Amazon and Facebook and Google are on it, but so are plenty of newcomers," wrote Rotman. Jen-Hsun Huang, CEO of Nvidia, recently revealed the company's latest deep learning-specific chip the Tesla P100, which the company spent over $2 bln in research and development to manufacturing.