It's called Gemma 3 and is really a collection of models of various sizes that can be run locally and from a single H-100 chip.
"Gemma 3 delivers state-of-the-art performance for its size, outperforming Llama-405B, DeepSeek-V3 and o3-mini in preliminary human preference evaluations on LMArena’s leaderboard. This helps you to create engaging user experiences that can fit on a single GPU or TPU host," the release says.
That could mean a cliff in demand for GPUs and a decline in Nvidia revenues. Shares are up 4.3% today but were higher by 7% earlier and have tumbled to $113 from a high of $153 in early January.
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