There's a new NVIDIA Titan X in town, and it costs $1,200

After launching the GeForce GTX 1000 series on its new 16nm Pascal architecture, NVIDIA has revealed the flagship Titan X video card. Boasting 12GB of GDDR5X video memory on a 384-bit memory bus and 3,584 CUDA cores running at 1513MHz, the card offers an astounding 11 teraflops of performance. To put things into context, the GTX 1080 has 8.9 teraflops of performance.

The Titan X contains 12 billion transistors, and is based on the GP102 GPU. The video card consumers 250W of power at load, and offers DisplayPort 1.4, HDMI 2.0b, and DL-DVI ports.

The cost? The Titan X will be available for purchase starting August 2 for $1,200, more than double the cost of the GTX 1080. Unlike the GTX series — which is aimed at gamers — the Titan X will cater to those looking for vast amounts of compute performance.