Tagged: nvidia

Freedom Holding to Build $2bn Sovereign AI Hub in Kazakhstan with Nvidia Gear

Nasdaq-listed Freedom Holding Corp said it has signed an agreement with Kazakhstan’s Ministry of Artificial Intelligence and Digital Development to build a $2 billion “Sovereign AI Hub,” positioning the Central Asian nation to host one of the region’s largest dedicated artificial-intelligence facilities. The project will… Read More

MENA Region Fintech Tabby Invests in NVIDIA HGX Systems to Enhance AI Infrastructure

Tabby, a financial services app, announced that it is now deploying NVIDIA HGX systems to start developing and testing its AI capabilities to serve a growing base of clients and merchants. The investment helps with establishing local AI factory infrastructure that supports tech advancements while… Read More

About 10% of Retail Investors Use AI to Pick Stocks

Artificial Intelligence (AI) is being incorporated into nearly everything we do. The advent of ChatGPT catapulted public perception of AI into the stratosphere, igniting a surge to integrate AI into all aspects of our existence. Stock trading, or equity recommendations, is also experiencing a significant… Read More

Nvidia Announces £2B Investment into UK’s AI Sector

In a key move for the United Kingdom’s technology sector, Nvidia Corporation (NASDAQ:NVDA), a global firm focused on leveraging artificial intelligence  and semiconductor technology, has committed £2 billion to bolster the country’s AI ecosystem. This substantial investment, aimed at fostering innovation and development, is set… Read More

NVIDIA Dips in After Hours Trading Following Quarterly Results

While NVIDIA (NASDAQ:NVDA) reported relatively strong results, shares dipped in after hours trading in advance of the earnings call. NVIDIA topped expectations on both the top and bottom line but fell slightly short in data center revenue. Expectations for the next quarter were solid –… Read More

NSF, NVIDIA Launch $152M Partnership for Open-Source AI Models

The U.S. National Science Foundation and NVIDIA Corp (NASDAQ:NVDA) announced a $152 million partnership to develop open-source artificial intelligence (AI) models designed to accelerate scientific research and strengthen American leadership in AI innovation. NSF will contribute $75 million while NVIDIA provides $77 million for the… Read More

At $4 Trillion, NVIDIA’s Market Cap is Larger than the Entire FTSE 100

NVIDIA (NASDAQ:NVDA) solidly hurdled the $4 trillion in market cap hurdle this past week as news emerged that the AI chip firm will resume shipments to China. NVIDIA is the first and only publicly traded firm to achieve this valuation. It was not that long… Read More

Supercharged Sandbox: UK Financial Conduct Authority Partners with NVIDIA on AI

Artificial intelligence (AI) is all the rage today, with expectations that all sectors of industry will be transformed as software takes over both mundane and complex tasks. While there remains an element of concern as to how AI could develop, perhaps becoming “self-aware,” the reality… Read More

Accenture Helps AI Startups Grow with Support from NVIDIA Inception

Accenture (NYSE: ACN) announced expanded support for high-potential AI startups with a new engagement initiative, established through Accenture Ventures with support from NVIDIA Inception. This collab is reportedly designed “to accelerate startup growth and innovation by closing a gap early-stage companies face—moving from breakthrough ideas… Read More

EY AI Agentic Platform, Developed with NVIDIA AI, to Enable Transformation in Tax, Risk, Finance Sectors

The EY organization announced its artificial intelligence (AI) EY.ai Agentic Platform, created in collaboration with NVIDIA (NASDAQ:NVDA) . Built on the full NVIDIA AI stack – including NVIDIA AI Enterprise and the new NVIDIA AI-Q Blueprint, AI-Q – the platform will integrate private, domain-specific NVIDIA… Read More

Temenos Enables Generative AI for Real-Time Banking with NVIDIA Accelerated Computing

Temenos (SIX: TEMN) announced it is bringing on-premises Temenos generative AI — built with the NVIDIA AI platform — to banks, allowing them to transform data into real-time insights while retaining control over their information. Banks are now able to deliver customer-centered experiences by processing… Read More

EXL Launches Insurance LLM

EXL [NASDAQ: EXLS], a data analytics and digital operations and solutions company, has launched EXL Insurance LLM, an industry-specific large language model. Building on EXL’s recently announced initiative with NVIDIA AI Enterprise, the EXL Insurance LLM is an industry-specific LLM created to support critical claims and underwriting-related… Read More

South Korea’s Rebellion Merges with Sapeon to Challenge Nvidia

Artificial intelligence startup Rebellions has merged with Sapeon Korea, a subsidiary of SK Telecom in a move to challenge the dominance of Nvidia in the global AI chip market. Rebellions, a fabless chip designer, brings a valuation of approximately 900 billion won ($664 million) to… Read More

AI Bubble Fears Overblown: Report

Fears of a bursting AI bubble are overblown, deVere Group founder and CEO Nigel Green believes. Speculation grew following last week’s market turbulence, but Green feels that is premature. “Fear mongers are pointing to the sharp declines in the stock prices of leading AI companies… Read More

OurCrowd AI Fund: Investment Platform OurCrowd to Partner with NVIDIA on Artificial Intelligence Fund

OurCrowd, a global online investment platform providing smaller investors access to private securities offerings, is partnering with NVIDIA (NASDAQ:NVDA) as part of its sector fund, the OurCrowd AI Fund. NVIDIA is the hottest artificial intelligence firm around today, as just about everyone needs their technology… Read More

Nvidia CEO Says Crypto Doesn’t Contribute Anything “Useful” to Society

Nvidia’s (NASDAQ:NVDA) management has recently stated that cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH) don’t bring anything “useful” for society. This, despite the firm’s powerful processors selling in massive quantities to the nascent crypto industry. Michael Kagan, Nvidia’s CTO, noted that other popular uses of… Read More

Deutsche Bank, NVIDIA to Embed AI into Financial Services

Deutsche Bank (ETR: DBK) announced a multi-year innovation partnership with NVIDIA in order “to accelerate the use of artificial intelligence (AI) and machine learning (ML) in the financial services sector.” Combining Deutsche Bank’s financial industry expertise with NVIDIA’s leadership in AI and accelerated computing “will… Read More

SEC: NVIDIA Accused of Inadequate Disclosure Regarding Crypto Mining, Pays $5.5 Million Penalty

The Securities and Exchange Commission has settled charges against NVIDIA (NASDAQ:NVDA) regarding allegations of inadequate disclosures concerning the impact of cryptomining on the company’s gaming business. Without admitting or denying the SEC’s findings, NVIDIA has agreed to a cease-and-desist order and to pay a $5.5… Read More

Quantum Computing: Classiq Joins Forces With NVIDIA to Accelerate the Path to “Quantum Advantage”

Classiq, which offers (what it claims to be) the leading platform for creating quantum software, recently announced a collaboration with NVIDIA (NASDAQ:NVDA) in order to bring large-scale quantum circuits to customers. Now, businesses and other organizations can “prepare for and explore the benefits of larger… Read More

Artificial Intelligence: Royal Bank of Canada Shifts Apps Under Development at AI Reserach Unit, Borealis AI, to Private Cloud Platform

The Royal Bank of Canada (RBC), a multinational financial services company and the largest bank in Canada by market cap, has reportedly shifted applications under developments at its AI research division, Borealis AI, to a private cloud infrastructure. The high-performance cloud platform will be supported… Read More

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