NVIDIA

Hitachi Collaborates with NVIDIA to Accelerate Digital Transformation with Generative AI

Retrieved on: 
Dienstag, März 19, 2024
COE, Organization, Digital Systems, Software, Problem solving, Environment, Synthetic media, NVIDIA, GPU, CUDA, Drug discovery, Growth, Operational technology, Cryptocurrency

Hitachi will invest in expanding the training of engineers on NVIDIA software platforms - including CUDA, NVIDIA AI Enterprise(1), Omniverse(2) and Modulus(3) -- among other collaborative measures.

Key Points: 
  • Hitachi will invest in expanding the training of engineers on NVIDIA software platforms - including CUDA, NVIDIA AI Enterprise(1), Omniverse(2) and Modulus(3) -- among other collaborative measures.
  • In May 2023 Hitachi launched its advanced Generative AI Center to promote the safe and effective use of generative AI both inside and outside the company(5).
  • Hitachi has successfully deployed generative AI in numerous use cases to boost innovation, improve efficiency and productivity for employees and clients.
  • "Thecombined technologies of Hitachi and NVIDIA can power the next wave of digital transformation, enabling organizations to push the boundaries of manufacturing and industrialization."

Hitachi Vantara Announces Collaboration with NVIDIA to Create New Portfolio of Industrial AI Solutions

Retrieved on: 
Dienstag, März 19, 2024
Intelligence, ROI, GTC, Certification, AI, H100, Software, Transport, NVIDIA, Graphics processing unit, DGX, Video game

Hitachi Vantara will develop a portfolio of solutions, Hitachi iQ, to drive targeted AI outcomes by layering industry-specific capabilities on top of its AI solution stack, so outcomes can be more specific and relevant to an organization's business.

Key Points: 
  • Hitachi Vantara will develop a portfolio of solutions, Hitachi iQ, to drive targeted AI outcomes by layering industry-specific capabilities on top of its AI solution stack, so outcomes can be more specific and relevant to an organization's business.
  • Through this collaboration, Hitachi Vantara will be able to help address the needs of the market through the creation of hybrid cloud-enabled AI capabilities that facilitate faster, actionable insights.
  • This offering will undergo NVIDIA DGX BasePOD(3) certification and plans to feature NVIDIA DGX H100 systems(4) and NVIDIA AI Enterprise software(5).
  • "With solutions built with NVIDIA DGX infrastructure and software, Hitachi Vantara customers will be able to create AI Centers of Excellence to turbocharge their generative AI strategies."

SoundHound AI Reports 73% Q1 Revenue Growth to $11.6 Million; First Quarter Closes With $226 Million in Cash

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Donnerstag, Mai 9, 2024
Software, Mobile, Wireless, Professional Services, Internet, Hardware, Consumer Electronics, General Automotive, Technology, Automotive, Artificial Intelligence, Data Analytics, Audio, Video, Telecommunications, DRIVE, SoundHound, CFO, Peugeot, Perplexity, Church's Texas Chicken, Car, Internet of things, Alfa Romeo, ARM, Human, Restaurant, Entrepreneurship, EV, DS Automobiles, Television, Acquisition, NVIDIA, Multimedia, QSR, Planet Fitness, GAAP, Growth, Customer service

View the full release here: https://www.businesswire.com/news/home/20240509392903/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240509392903/en/
    SoundHound AI Reports 73% Q1 Revenue Growth to $11.6 Million; First Quarter Closes With $226 Million in Cash (Graphic: Business Wire)
    “Our first quarter sets the tone for 2024 as another year of strong growth for SoundHound.
  • Voice AI is fast becoming a must-have tool for customer service, and that’s reflected in the demand we’re seeing for subscriptions,” said Keyvan Mohajer, CEO and Co-Founder of SoundHound AI.
  • "As an AI company, we combine our 20+ years of technology innovation and billions of customer interactions to create the best voice AI technology on the market.
  • Stellantis’s DS Automobiles became the first vehicle on the road in Japan with voice-enabled generative AI, via SoundHound Chat AI.

Aetina Introduces AIP-KQ67 for Enhanced Edge AI Computing and Inference

Retrieved on: 
Donnerstag, Mai 9, 2024
Sale, RTX, Acceleration, Certification, PCI Express, Wi-Fi, Artificial intelligence, Dust, M.2, Intel, MXM, NVIDIA, Multimedia, GPU, Power over Ethernet

TAIPEI, May 9, 2024 /PRNewswire/ -- Aetina , a leading Edge AI solution provider, continues to deepen its presence in the edge AI market, announcing today the launch of the newest member of the MegaEdge PCIe series – AIP-KQ67 .

Key Points: 
  • TAIPEI, May 9, 2024 /PRNewswire/ -- Aetina , a leading Edge AI solution provider, continues to deepen its presence in the edge AI market, announcing today the launch of the newest member of the MegaEdge PCIe series – AIP-KQ67 .
  • The embedded AI visual applications are increasingly being applied in urban planning, traffic management, security monitoring, and automated manufacturing, among other areas.
  • However, visual edge AI systems typically require processing large amounts of images and computer vision tasks, consuming significant power.
  • The Aetina MegaEdge series supports three different deployment requirements: MXM, PCIe, and M.2, and provides a diverse range of product configuration options.

Solus Advanced Materials receives approval from global leading GPU manufacturers in North America for its low signal loss copper foil for AI accelerators

Retrieved on: 
Donnerstag, Mai 9, 2024
TSMC, Architecture, PCB, News, HVLP, AI, CCL, Artificial intelligence, Semiconductor, Intel, NVIDIA, Samsung Electronics, GPU, EST, CFL, B200, Printed circuit board

Dominating even the copper foil for electric vehicle batteries market, with the world's best copper foil for PCB substrate manufacturing technology

Key Points: 
  • Dominating even the copper foil for electric vehicle batteries market, with the world's best copper foil for PCB substrate manufacturing technology
    SEOUL, South Korea, May 9, 2024 /PRNewswire/ -- Solus Advanced Materials, a pioneer in global copper foil and battery copper foil manufacturing, has received approval for its copper foil for AI (Artificial Intelligence) accelerators from global big tech companies.
  • A copper foil manufacturer that currently holds a 60% share of the global market for the low signal loss copper foil used in AI accelerators, Solus Advanced Materials is recognized for its world-leading technology.
  • Solus Advanced Materials announced on May 9 (EST) that it recently achieved approval for its low signal loss copper foil used in AI accelerators from multiple North American GPU manufacturers.
  • The only existing copper foil manufacturer in Europe, CFL holds a 60% share of the global copper foil market.

Getty Images Reports First Quarter 2024 Results

Retrieved on: 
Donnerstag, Mai 9, 2024
KPI, Partnership, Getty, IStock, Revolver, COVID-19, NVIDIA, Getty Images, Adjustment, GAAP, Growth, Bookkeeping

NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- Getty Images Holdings, Inc. “Getty Images” or the “Company”) (NYSE: GETY), a preeminent global visual content creator and marketplace, today reported financial results for the first quarter ended March 31, 2024.

Key Points: 
  • NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- Getty Images Holdings, Inc. “Getty Images” or the “Company”) (NYSE: GETY), a preeminent global visual content creator and marketplace, today reported financial results for the first quarter ended March 31, 2024.
  • “We were pleased to deliver healthy performance across most of our key business metrics, including our sixth consecutive quarter of robust growth in Active Annual Subscribers, all while navigating through what we expected to be the most challenging quarter of 2024,” said Craig Peters, Chief Executive Officer for Getty Images.
  • We are confident in our ability to return to topline growth in 2024 as our headwinds turn to tailwinds.”
    First Quarter 2024 Financial Summary:
    Revenue for the period was $222.3 million, a decrease of 5.7% year-over-year on both a reported and currency neutral basis.
  • Ending cash balance on March 31, 2024 was $134.2 million, down $2.4 million from the ending balance on December 31, 2023 and up $17.4 million from March 31, 2023.

Recursion Provides Business Updates and Reports First Quarter 2024 Financial Results

Retrieved on: 
Donnerstag, Mai 9, 2024
AXIN1, Research, Partnership, Clostridioides difficile infection, Development, IND, DeepMind, NVIDIA, Biomarker, Drug discovery, Tempus, Pharmacokinetics, Map, ADME, Machine learning, Software, Appetite, Roche, APC, Infection, Neurofibromatosis type II, CCM, Transcriptome, Safety, Johnson & Johnson, Neuroscience, RNA, Artificial intelligence, FAP, Data science, Therapy, Translation, Chemistry, RBM39, Biology, Clinical trial, LILAC, NF2, University of Oxford, Recurrence, Computational biology, Hemangioma, Administration, Patient, Strategy, Trial of the century, Pharmaceutical industry

L(earnings) Call: Recursion will host a L(earnings) Call on May 9, 2024 at 5:00 pm Eastern Time / 3:00 pm Mountain Time.

Key Points: 
  • L(earnings) Call: Recursion will host a L(earnings) Call on May 9, 2024 at 5:00 pm Eastern Time / 3:00 pm Mountain Time.
  • Revenue: Total revenue was $13.8 million for the first quarter of 2024, compared to $12.1 million for the first quarter of 2023.
  • Research and Development Expenses: Research and development expenses were $67.6 million for the first quarter of 2024, compared to $46.7 million for the first quarter of 2023.
  • Net Loss: Net loss was $91.4 million for the first quarter of 2024, compared to a net loss of $65.3 million for the first quarter of 2023.

Bionano Reports First Quarter 2024 Results and Highlights Recent Business Progress

Retrieved on: 
Mittwoch, Mai 8, 2024
Computing, Sale, Bone marrow, Chromothripsis, Total, Nanopore sequencing, OGM, Prognosis, Partnership, Doctor of Philosophy, Artificial intelligence, Growth, ATM, DNA, VIA, NVIDIA, Data analysis, Neoplasm, Genomics, SVS, GAAP, SAN, Gene

Reiterated full year 2024 revenue guidance of $37.0 to $41.0 million; revenue for the second quarter of 2024 is expected to be $7.8 to $8.2 million.

Key Points: 
  • Reiterated full year 2024 revenue guidance of $37.0 to $41.0 million; revenue for the second quarter of 2024 is expected to be $7.8 to $8.2 million.
  • GAAP gross margin for the first quarter of 2024 was 32%, compared to 28% from the first quarter of 2023.
  • First quarter 2024 non-GAAP gross margin was 34%, compared to 30% from the first quarter of 2023.
  • Gülsen Kama, chief financial officer at Bionano added, “Q1 2024 was an important quarter for the Company.

Foresight Leverages NVIDIA Jetson Orin to Introduce Novel 360-degree 3D Perception Solution

Retrieved on: 
Mittwoch, Mai 8, 2024
Foresight, Safety, AI, Nvidia Jetson, Artificial intelligence, Dragonfly, NVIDIA, Lidar, Algorithm

Ness Ziona, Israel, May 08, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision solutions, has announced a major breakthrough with the development of Dragonfly Vision™, its cutting-edge 360-degrees 3D perception solution, based on the NVIDIA Jetson AGX Orin platform, designed for power-optimized autonomous machines.

Key Points: 
  • Ness Ziona, Israel, May 08, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision solutions, has announced a major breakthrough with the development of Dragonfly Vision™, its cutting-edge 360-degrees 3D perception solution, based on the NVIDIA Jetson AGX Orin platform, designed for power-optimized autonomous machines.
  • By using the significant artificial intelligence (AI) computing power of the NVIDIA Jetson AGX Orin platform , Foresight can create an all-around obstacle detection solution, including the detection of non-classified objects.
  • The NVIDIA Jetson AGX Orin module supports up to six stereo channels to achieve complete coverage around any type of vehicle.
  • Through advanced algorithms and AI, Dragonfly Vision enables unprecedented accuracy and road surface coverage, offering groundbreaking, cost-effective solutions compared to traditional LiDAR systems.

AI and Big Data Take the Centre Stage in Central Asia at Beetech 2024 Hosted by Beeline Kazakhstan and QazCode

Retrieved on: 
Montag, Mai 6, 2024
Booking.com, Ecosystem, Neobank, Euronext Amsterdam, AI, Conference, Artificial intelligence, NVIDIA, VEON, GPU, Data wrangling, Video game

Delegates were also presented with success stories from Beeline Kazakhstan’s own development of digital services across entertainment and banking, including the work of its IT subsidiary QazCode.

Key Points: 
  • Delegates were also presented with success stories from Beeline Kazakhstan’s own development of digital services across entertainment and banking, including the work of its IT subsidiary QazCode.
  • “Kazakhstan is a burgeoning global centre for technology development and Beetech brings together this highly skilled community, including the representatives of global technology companies” explains Oleksii Sharavar, CEO of QazCode.
  • The creation of this cloud will allow QazCode to provide access to advanced AI solutions to both local and international clients through the first dedicated AI datacentre in Kazakhstan.
  • Now in its fourth year, the Beetech Conference is an annual event for IT professionals in Kazakhstan to address key issues in software development.