Nvidia Corporation Stock Price, News & Analysis

NVIDIA announced that global pharmaceutical and techbio industry leaders are adopting its open-source BioNeMo Framework to advance drug discovery and accelerate molecule design. The framework offers accelerated computing tools to scale AI models for biomolecular research. The end-to-end platform includes NVIDIA NIM microservices and BioNeMo Blueprints for optimized workflows.

The platform features new NIM microservices supporting models like AlphaFold2 (achieving 5x speedup), DiffDock 2.0 (6.2x faster, 16% more accurate), RFdiffusion, and ProteinMPNN. Over 200 organizations are already integrating BioNeMo into their drug discovery platforms.

NVIDIA announced major partnerships with Japanese cloud leaders to build AI infrastructure across the country. SoftBank Corp., GMO Internet Group, Highreso, KDDI, Rutilea, and SAKURA Internet are implementing NVIDIA's accelerated computing, networking, and software solutions to transform Japan's robotics, automotive, healthcare, and telecom industries.

The initiative is supported by Japan's Ministry of Economy, Trade and Industry (METI). Notable developments include SoftBank adopting NVIDIA Blackwell platforms, GMO launching the first local cloud with H200 Tensor Core GPUs, and SAKURA Internet expanding its GPU capacity from 2,000 to nearly 4,000 NVIDIA Hopper GPUs.

NVIDIA and SoftBank announced major collaborations to accelerate Japan's AI initiatives. SoftBank will build Japan's most powerful AI supercomputer using NVIDIA's Blackwell platform and plans to implement the Grace Blackwell platform for its next supercomputer. The companies successfully piloted the world's first combined AI and 5G telecom network (AI-RAN), which could generate significant revenue for telecom operators. Using NVIDIA AI Enterprise software, SoftBank aims to create an AI marketplace for local, secure AI computing. The AI-RAN trial demonstrated that telcos can earn approximately $5 in AI inference revenue for every $1 of capex invested in new infrastructure, with SoftBank estimating returns up to 219% per AI-RAN server.

NVIDIA has appointed Ellen Ochoa, former director of NASA's Johnson Space Center and first Latina astronaut in space, to its board of directors. Ochoa, 66, holds degrees in physics and electrical engineering from San Diego State University and Stanford University. She currently serves on the boards of Service International and Mutual of America Financial Group. Her appointment expands NVIDIA's board to 13 members.

NVIDIA announced it will host a conference call on November 20, 2024, at 2 p.m. PT to discuss its third-quarter fiscal 2025 financial results for the period ended October 27, 2024. The call will be webcast live on investor.nvidia.com in listen-only mode. CFO Colette Kress will provide written commentary on the results, which will be posted at approximately 1:20 p.m. PT, before the call. The Q&A session will be to financial analysts and institutional investors. A replay will be available until the fourth quarter earnings call.

NVIDIA announced that xAI's Colossus supercomputer, featuring 100,000 NVIDIA Hopper Tensor Core GPUs, has achieved massive scale using the NVIDIA Spectrum-X Ethernet networking platform. The system, located in Memphis, Tennessee, is being used to train xAI's Grok language models and is currently being expanded to 200,000 GPUs. The supercomputer was built in just 122 days and achieved 95% data throughput with zero application latency degradation. The system utilizes NVIDIA's Spectrum SN5600 Ethernet switch, supporting speeds up to 800Gb/s, paired with BlueField-3 SuperNICs for optimal performance.

NVIDIA announced partnerships with U.S. technology leaders to help organizations create custom AI applications using NVIDIA NIM™ Agent Blueprints, NVIDIA NeMo™, and NVIDIA NIM microservices. Companies like AT&T, Lowe's, and the University of Florida are using these tools to develop data-driven AI applications. Tech consulting firms such as Accenture, Deloitte, Quantiphi, and SoftServe are adopting NVIDIA's tools to assist clients in various industries.

NVIDIA introduced new NeMo microservices: NeMo Customizer, NeMo Evaluator, and NeMo Guardrails, which can be combined with NIM microservices for easier model customization and deployment. A new NIM Agent Blueprint for software container security is now available. Data and AI platform leaders like Cloudera, Google Cloud, SAP, and ServiceNow are integrating NVIDIA's tools to enhance their offerings.

Remark Holdings (OTCQX: MARK), an AI solutions provider and Oracle PartnerNetwork member, will showcase its AI offerings at Oracle Cloud World 2024 from September 9-12 at the Venetian Conference and Expo Center in Las Vegas. The company will present its Smart Safety Platform (SSP), Fire and Smoke, Smart City, and Smart Agent solutions in the Data and AI Pavilion, which is accelerated by NVIDIA. This event provides Remark Holdings with a significant platform to demonstrate its AI capabilities alongside industry giants Oracle (NYSE:ORCL) and NVIDIA (NASDAQ:NVDA), potentially enhancing its visibility and market position in the AI sector.

Remark Holdings (OTCQX: MARK) will present AI offerings at Oracle Cloud World 2024 in Las Vegas from September 9–12, 2024.

Presentations at the Data and AI Pavilion accelerated by NVIDIA (NASDAQ: NVDA) will showcase the Smart Safety Platform (SSP), Fire and Smoke, Smart City, and Smart Agent solutions at the Venetian Conference and Expo Center.