NHTSA REPORTS POSITIVE TREND IN TRAFFIC FATALITIES
IT’S BIGGER THAN NETFLIX AND FACEBOOK COMBINED: LEARN HOW NVIDIA GREW 200% IN 1 YEAR! Since the end of 2022, interest in AI chatbots like ChatGPT has exploded worldwide. This was bad news for copywriters but fantastic news for a technology company many people have never heard of — Nvidia. Between October 2022 and May 2023, Nvidia’s market valuation spiked 200%. Then, in May, the company reached a total worth of $1 trillion, placing it in the exclusive “$1 Trillion Valuation Club.”
It can be scary when you’re involved in a car accident. You might have just gone out to grab some groceries or a quick bite to eat, and in a moment, your life can get turned upside down due to someone else’s recklessness or lack of attention. When you experience a car accident, the first thought that crosses your mind is, “Was anyone injured?” Statistics from the first half of 2023 give hope that driver safety is trending in the right direction. Between 2020 and the first quarter of 2022, traffic fatalities in the U.S. increased for seven consecutive quarters. Since then, traffic fatalities have been on the decline. During the first half of 2023, traffic deaths declined by 3.3%, even though miles driven increased by 2.3% or 35.1 billion miles, according to the National Highway Traffic Safety Administration (NHTSA). This means that the traffic fatality rate is only 1.24 per 100 million miles traveled, a considerable improvement over what the agency had predicted. “After spiking during the pandemic, traffic deaths are continuing to come down slowly, but we still have a long way to go,” said U.S. Transportation Secretary Pete Buttigieg. Additionally, the NHTSA recently announced several new safety initiatives to reduce traffic deaths, including proposed rulemaking to require automatic emergency braking in all passenger cars, light trucks, and heavy vehicles. They also called for more data on crashes where automated driving and advanced driver assistance systems were activated. In other news, the Insurance Institute for Highway Safety (IIHS) unveiled research that showed how roadside cameras and telematics data could provide additional insight into distracted driving. “One of the challenging aspects of combating cellphone-related distraction is the absence of good information about where, when, and how drivers are using their phones,” IIHS President David Harkey said. “Roadside cameras and telematics could help fill in the gaps, improving our understanding of how cellphones affect crash risk. Despite some growing pains, many jurisdictions have demonstrated that safety cameras can be an effective tool to reduce speeding and red light running. Potentially, they could save additional lives by helping to curb cellphone distraction.”
So, how did Nvidia experience such massive, rapid growth?
The Founding of Nvidia The story starts back in 1993. Electrical engineers Jensen Huang, Curtis Priem, and Chris Malachowsky brainstormed the idea for Nvidia — which initially made graphics chips for personal computers, pushing the limits of 3D graphics. Of the three founders, the most notable is Jensen Huang, Nvidia’s president and CEO. According to Medium, Huang “never finished his business plan” and “learned how to start a company by reading books and meeting lawyers.” Given that, it seems unlikely that traditional business acumen was the secret to Nvidia’s success — so, what was? The Secret Behind Nvidia’s Wild Success • Aggressive Innovation : Nvidia’s founders were all engineers with practical, hands-on knowledge. They used this knowledge to stay on the cutting edge of their industry and consistently develop new technologies. • Bold Pivots : Nvidia’s team kept a close eye on developing trends and areas for exploration in technology and adjusted its offerings to meet them. Though Nvidia began as a graphics chip company, it now offers networking tools, gaming laptops, embedded systems, cloud and data center technology, and more. •Sharp Client Focus: When personal computers were trending in the 1990s, Nvidia pioneered GPUs to make them more functional. Since then, the company research and development team has consistently worked to fill needs in hot markets like PC gaming and AI.
Whether you run a tech company, law office, or medical clinic, you can use these three strategies to increase your revenue and grow your business. You may not reach the $1 Trillion Valuation Club, but you could still see the growth that put Nvidia on every stock broker’s map this year.
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