Shares of Nvidia NVDA were down more than 2% shortly after the open Thursday as investors reacted to a fresh research note from Morgan Stanley that raised questions about performance in the company’s gaming division. Morgan Stanley analyst Joseph Moore in a note to clients Thursday described Nvidia’s gaming data points as “mixed” and said that his firm “wouldn’t expect near term upside from gaming.” “As review embargos broke for the new gaming products, performance improvements in older games is not the leap we had initially hoped for,” the analyst wrote. “Still, new features such as ray tracing and DLSS will matter more longer term.” Ultimately, Moore concluded that he and his team “still like the stock.” Morgan Stanley has an overweight rating and a $273 price target for Nvidia. This call represents just over a $1 rally from NVDA’s closing price on Wednesday. Nvidia has been one of the lone bright … [Read more...] about Why Is Nvidia (NVDA) Stock Down Today?
March 28, 2018 by Brian Caulfield New technologies will allow you to use VR to travel to stunning new worlds. Or, through augmented reality, to blend those worlds with your own. At the Adobe Summit in Las Vegas Wednesday before an audience of more than 10,000 marketing pros and data scientists, Adobe CEO Shantanu Narayen and NVIDIA CEO Jensen Huang spoke about how AI and machine learning will unleash wild new possibilities. In the wide-ranging talk, which highlighted the companies’ just announced strategic partnership, Narayen and Huang spoke about how new tools — such as Adobe’s new Sensei AI and machine learning framework — will enhance the work of creative and marketing professionals in a variety of fields. “You guys are going to create experiences with these tools … that will allow people to create an enormous number of new realities,” Huang told the audience. “In the case of VR it’s a wormhole for us to travel to virtual … [Read more...] about Adobe, NVIDIA CEOs Discuss Partnership, Touch on Wild New Possibilities
April 11, 2018 by Kimberly Powell Healthcare represents one of the biggest opportunities in deep learning, and we’re partnering with Canon Medical Systems, Japan’s largest medical systems supplier, to develop the research infrastructure to help support it. The healthcare sector needs to analyze scientific reports from around the world, while simultaneously coordinating a variety of patient data to determine the most appropriate treatment options. Given the huge volumes of data involved, big data analysis via deep learning will play a major role in the development of optimized healthcare delivery systems and support early detection and assisted diagnosis. At the same time, medical institutions wanting to use deep learning for independent research need hardware for analysis, systems for the collection, collation and analysis of in-house data, and knowledge of deep learning processes and techniques. NVIDIA and Canon Medical Systems expect to make a significant contribution to … [Read more...] about NVIDIA, Canon Medical Systems Partner to Accelerate Deep Learning in Healthcare
With the introduction of the C_Two, Rimac Automobili’s all-electric hypercar plans to incorporate AI functionality throughout, using our NVIDIA DRIVE AI car computer. Unveiled yesterday at the Geneva Motor Show, the C_Two will offer unprecedented performance together with bespoke technology. From Level 4 autonomy to AI-enabled driver assistance and recognition features, the C_Two introduces a number of unique functions to the hypercar market. Using the Driving Coach features, drivers can learn new skills as the vehicle demonstrates optimal speed and cornering in different scenarios. Drivers can see the car’s ideal trajectory and monitor various analytics as the vehicle drives itself. They can then take over and attempt to replicate what they’ve learned. Drivers receive data back about their own performance in a gamified experience that improves skill, and offers an exciting ride along the way. The sophisticated sensor suite and the NVIDIA DRIVE AI car … [Read more...] about Rimac Introduces AI Hypercar Powered by NVIDIA DRIVE
January 16, 2018 by Danny Shapiro Chery, one of China’s leading automakers, is adopting the new ZF ProAI system, powered by NVIDIA DRIVE AI self-driving technology, to bring Level 3 autonomous driving to the world’s biggest auto market. The news was announced today at the North American International Auto Show, in Detroit, by Konstantin Sauer, CEO of ZF, one of the world’s biggest auto parts suppliers. Chery, which makes cars, minivans and SUVs, will be the first Chinese carmaker to adopt the new ZF ProAI system, developed by NVIDIA, Baidu and ZF. For over two decades, Chery has been making vehicles for the Chinese market, as well as for more than 80 countries globally. The company has earned a reputation for bringing advanced technologies to its highly affordable, entry-level models. “This collaboration will democratize autonomous driving functions in one of the most important automotive markets of the world and bring autonomous driving for … [Read more...] about Chinese Automaker Chery to Use NVIDIA-Powered ZF ProAI for Level 3 Autonomous Cars
Like its namesake — the late racing driver and editorial powerhouse — the Paul Pietsch Award is revered around the world. This week NVIDIA received the 2018 honors for NVIDIA DRIVE Pegasus, the first artificial intelligence computer designed to drive fully autonomous robotaxis. The award honors innovative achievements in the area of vehicle technology or vehicle design. Presented annually since 1989, the award was announced yesterday by the Auto Motor und Sport publishing house and its editors as part of its Best Cars gala event. At the sleek glass and steel International Congress Center in Stuttgart, Germany, NVIDIA’s Jaap Zuiderveld took the stage to accept the award. With attendees from all of the world’s major automakers looking on, the event moderator asked Zuiderveld if he felt more like a car guy or a chip guy. “I am an AI guy,” he replied to laughter from the crowd. NVIDIA DRIVE Pegasus is part of a broad family of NVIDIA AI computing … [Read more...] about NVIDIA DRIVE Pegasus Wins Coveted Paul Pietsch Award