The field of AI accelerators is heating up as competitors vie to challenge Nvidia's dominance in the market. Companies like AMD, Intel, Cerebras, Tenstorrent, Groq, D-Matrix, and various cloud service providers are all entering the race to capture a share of the lucrative AI market, which is projected to reach $119 billion in revenue by 2027, according to Gartner.
While Nvidia currently holds a significant lead in market share, hardware, software, and ecosystem, its competitors are making strides in generative AI, both in terms of inference and training. While there are many startups in this space, we will focus on the major players and explore their potential impact.