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Accelerated Computing

All articles tagged with #accelerated computing

technology1 month ago•17 min saved

NVIDIA and CoreWeave Expand Collaboration to Accelerate Global AI Factory Buildout

NVIDIA and CoreWeave broaden their alliance to speed the buildout of more than 5 gigawatts of AI factories by 2030, with NVIDIA investing $2 billion in CoreWeave to finance land, power and shell, and to deploy multiple generations of NVIDIA infrastructure across CoreWeave’s platform while validating SUNK and Mission Control software for potential inclusion in NVIDIA’s cloud reference architectures, meeting rising enterprise demand for AI workloads.

via CoreWeave|

#accelerated-computing #ai-factories #cloud-infrastructure

technology2 months ago•8 min saved

NVIDIA and Synopsys Partner to Transform Engineering and Design

NVIDIA and Synopsys have announced a strategic partnership involving a multiyear collaboration and a $2 billion investment by NVIDIA to integrate AI and GPU-accelerated computing into engineering solutions, aiming to revolutionize design, simulation, and verification processes across various industries through digital twins, agentic AI, and cloud solutions.

via NVIDIA Newsroom|

#accelerated-computing #ai #digital-twins

business2 years ago•1 min saved

"Nvidia's Stock: A Top Pick for 2024 with Huge Upside Potential"

TD Cowen analyst Matthew Ramsay has named Nvidia Corp. as his top chip stock pick for 2024, citing the company's position as the leader in the AI revolution and its accelerating product roadmap. Ramsay believes Nvidia's data-center business will continue to see explosive growth, driven by its suite of superior technologies and extensive investments in AI. He also notes that Nvidia's ability to sustain demand through 2025 and beyond is underappreciated by investors. Ramsay has an outperform rating and a $700 target price on Nvidia shares.

via MarketWatch|

#accelerated-computing #artificial-intelligence #business

finance2 years ago•2 min saved

"NVIDIA Corporation (NVDA): A Tripled Year-To-Date Must-Have Stock for Long-Term Investors"

NVIDIA Corporation (NVDA) shares have nearly tripled year-to-date, driven by unprecedented growth in demand for its data center chips. The Baron Opportunity Fund highlighted NVIDIA as a leading semiconductor company that sells chips and software for accelerated computing and gaming. NVIDIA reported revenue of $13.5 billion in the second quarter and guided for another increase in the third quarter to $16 billion. The company is at the forefront of a new era of computing, with its CEO stating that the world is transitioning from general-purpose computing to accelerated computing and generative AI. NVIDIA is currently in the 17th position on the list of 30 most popular stocks among hedge funds.

via Yahoo Finance|

#accelerated-computing #baron-opportunity-fund #data-center-chips

technology2 years ago•3 min saved

"Nvidia's Unprecedented Revenue Forecast: Is This Just the Beginning?"

Nvidia stunned Wall Street with a forecast of $16 billion in revenue for the current quarter, driven by the surge in demand for its data-center chips that power artificial intelligence applications. This projection, almost double its previous top-line record, may not even be the company's peak, as it has visibility into strong orders through 2024. Nvidia's decades of work in accelerated computing and AI are paying off, and it believes its end-to-end data-center solution is not easily replicable. While there are concerns about sustainability and competition, Nvidia remains confident in the long-term industry transition towards accelerated computing and generative AI.

via MarketWatch|

#accelerated-computing #artificial-intelligence #data-center-chips