Tagged: nvidia

November 26, 2024 @ 8:55 am By Omar Faridi  |  

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

October 7, 2024 @ 9:23 am By Tony Zerucha  |  

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

August 18, 2024 @ 4:46 pm By Michael Wong  |  

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

August 18, 2024 @ 7:11 am By Tony Zerucha  |  

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

March 5, 2024 @ 9:00 am By JD Alois  |  

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

March 27, 2023 @ 3:18 pm By Omar Faridi  |  

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

December 8, 2022 @ 8:11 am By Omar Faridi  |  

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

May 6, 2022 @ 10:31 am By JD Alois  |  

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

March 26, 2022 @ 3:22 pm By Omar Faridi  |  

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

July 24, 2020 @ 1:26 pm By Omar Faridi  |  

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

February 27, 2019 @ 12:31 pm By Cali Haan  |  

By now, Nvidia’s faltering earnings as a maker of  cryptocurrency mining equipment are well known. Until recently, the company was enviably positioned to supply coveted chips to booming cryptomining, AI, cloud computing and gaming sectors. But after a banner 18 months that ran from the… Read More

February 4, 2019 @ 3:26 pm By JD Alois  |  

Nvidia (NASDAQ:NVDA) will announce Q4 fiscal 2019 financial results and Q1 fiscal 2020 guidance on its earnings call scheduled for February 14th. The Valentines Day event has removed some of the surprise as Nvidia revealed reduced guidance last week. “Q4 was an extraordinary, unusually turbulent, and… Read More

January 2, 2019 @ 10:45 pm By Cali Haan  |  

A Los Angeles law firm has filed a class action suit against Nvidia, one of the world’s most successful computer chip manufacturers, over losses to investors incurred due to, “false and misleading statements to the market.” According to the Schall Law Firm, Nvidia (Nasdaq:NVDA) misrepresented… Read More

November 16, 2018 @ 9:11 am By JD Alois  |  

NVIDIA (NASDAQ:NVDA), the company that pretty much redefined the gaming industry with modern computer graphics chips, was hammered in after-hours trading yesterday following quarterly results that failed to please investors. Today, shares in NVIDIA look to open on NASDAQ significantly lower than when markets closed… Read More

February 2, 2015 @ 12:33 pm By Samantha Hurst  |  

The Wall Street Journal has announced that miniature Android gaming console, Ouya, was given a much needed funding boost from Chinese e-commerce company Alibaba. Sources revealed that Alibaba invested $10 million in Ouya last month and the two companies have discussed a plan to incorporate the… Read More

May 9, 2013 @ 6:00 am By JD Alois  |  

Kickstarter darling raised over $8 Million crowdfunding, now they are raising more funds in a new funding round lead by Venture Capital legend Kleiner Perkins including the Mayfield Fund, NVIDIA, Shasta Ventures and Occam Partners Video game startup OUYA today announced $15 million in new… Read More