Nvidia Corporation - NVDA STOCK NEWS

NVIDIA has unveiled six new NVIDIA RTX Ada Lovelace architecture GPUs for laptops and desktops, enhancing performance for creators, engineers, and data scientists. These GPUs offer up to 2x efficiency compared to previous models, enabling advanced workflows in AI, design, and the metaverse. The new NVIDIA RTX 4000 SFF GPU boasts 20GB of graphics memory, while laptop GPUs provide up to 16GB. Many users, including major companies like General Motors, report significant improvements in productivity and performance. The GPUs are available starting this month from various global workstation manufacturers.

NVIDIA has announced an extended partnership with BYD, the leading manufacturer of new energy vehicles, to integrate the NVIDIA DRIVE Orin centralized compute platform in more NEV models, particularly in the next-generation Dynasty and Ocean series. This collaboration aims to enhance the safety and intelligence of vehicles. The DRIVE Orin platform is designed for high-performance processing with capabilities of up to 254 trillion operations per second, crucial for real-time sensor data processing. BYD has sold over 3.7 million NEVs globally as of February 2023, showcasing its market presence.

Shutterstock (NYSE: SSTK) has partnered with NVIDIA to develop generative AI capabilities that enable rapid creation of 3D content using text prompts. This collaboration utilizes NVIDIA's Picasso generative AI cloud service, significantly reducing the time required to generate high-quality 3D models from hours to minutes. The new feature will be integrated into Shutterstock's platform and will expand the tools available to 3D artists, allowing them to design complex digital twins efficiently. This initiative aligns with Shutterstock's strategy to leverage its extensive asset library to tap into a large market opportunity in the evolving 3D content space.

Amazon announces the launch of its new EC2 P5 instances, optimized for NVIDIA Hopper GPUs, aimed at enhancing generative AI training and inference capabilities. This collaboration with NVIDIA aims to deliver up to 20 exaFLOPS of compute performance. The instances are designed to support large language models (LLMs) and complex AI applications, featuring up to 16 petaFLOPs of mixed-precision performance and reduced training costs by 40%. Customers can scale to over 20,000 H100 GPUs using EC2 UltraClusters, enhancing their AI development capabilities.

Adobe and NVIDIA have announced a new partnership to co-develop advanced generative AI models aimed at enhancing creative workflows. This collaboration will deeply integrate generative AI into Adobe’s flagship products, including Photoshop and Premiere Pro, as well as through NVIDIA's Picasso cloud service. The partnership emphasizes the importance of content transparency through Adobe's Content Authenticity Initiative, which ensures users can identify AI-generated content. The initiative aims to provide safe tools for creators, promoting commercial viability while enabling third-party developers to access generative AI capabilities.

NVIDIA has launched its H100 Tensor Core GPU, designed to meet the increasing demand for generative AI training and inference. Major cloud providers, including Oracle, AWS, and Microsoft Azure, are now offering H100 GPU-based services. The H100 technology boasts significant performance improvements, featuring nine times faster AI training and up to thirty times faster inference compared to the A100. Early adopters, such as OpenAI and Meta, are leveraging the H100 for their AI initiatives. The DGX H100 supercomputers are now in full production and available worldwide, indicating strong market demand for advanced AI computing solutions.

NVIDIA has launched four new inference platforms designed for generative AI applications, enhancing developers' capabilities to create specialized AI services. These platforms utilize the latest NVIDIA Ada, Hopper, and Grace Hopper processors, including the L4 Tensor Core GPU and H100 NVL GPU. Notably, the L4 GPU offers 120x more AI video performance than CPUs, while the H100 NVL is optimized for large language models like ChatGPT, delivering up to 12x faster performance than its predecessor. Google Cloud is integrating these platforms into its machine learning service, Vertex AI, with early adopter organizations already leveraging their capabilities.

NVIDIA has launched the BioNeMo Cloud Service, expanding its generative AI cloud services aimed at revolutionizing drug discovery, protein engineering, and life sciences research. This service allows researchers to customize AI models using proprietary data, accelerating the drug development process. Early access customers like Amgen and several startups are already utilizing the platform for significant advancements in biologics discovery. BioNeMo includes pretrained AI models that facilitate rapid identification and design of drug molecules, potentially reducing costs and time in drug development.

NVIDIA has launched NVIDIA AI Foundations, a suite of cloud services enabling enterprises to create and customize generative AI models tailored to specific needs. Esteemed companies like Getty Images, Morningstar, and Shutterstock will leverage these services for applications across language, images, video, and 3D. The NeMo and Picasso services facilitate the development of proprietary AI applications, enhancing productivity in creative workflows. Additionally, notable partnerships, including one with Adobe, aim to redefine generative AI in industry.