Nvidia is still best known as a pioneer of GPUs (Graphical Processing Units), at first exclusively for gaming and 3D design tools, and also to a lesser extent for its contribution towards parallel processing architecture. Yet now almost 20 years since its foundation in 1999, the company is breaking into a new wave, as it consolidates its position as provider of GPUs increasingly dedicated to applications in AI, while preparing for expansion in two new markets – smart cities and robotics. Through smart cities in particular, the company is developing chips optimized for processing data in small low-powered IoT devices. Based in Santa Clara, California, Nvidia is one of the biggest makers of GPUs competing with Intel and AMD (Advanced…