Fun

Nvidia stock jumps 11% after SIGGRAPH unveil: ‘next wave of AI is robotics’

News Feed - 2024-08-01 01:08:59

Tristan Greene7 hours agoNvidia stock jumps 11% after SIGGRAPH unveil: ‘next wave of AI is robotics’We’re entering the “third wave” of AI and the era of mechanical humanoids, according to Nvidia.1482 Total views6 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksNvidia looks like a world-beater again as a slew of announcements related to the “next wave” of artificial intelligence has its market capitalization up about 11%.


Speaking at the annual Special Interest Group on Computer Graphics and Interactive Techniques (SIGGRAPH) event in Denver, Colorado, Nvidia CEO Jensen Huang announced several new services designed to bridge the gap between the digital and physical worlds.


Per Huang:“The next wave of AI is robotics and one of the most exciting developments is humanoid robots. We’re advancing the entire NVIDIA robotics stack, opening access for worldwide humanoid developers and companies to use the platforms, acceleration libraries and AI models best suited for their needs.”Robotics


The company’s big announcement at SIGGRAPH was the early-access availability of its suite of robotics development tools. These include a visual agent training ground, an AI model workflow management system, and a nifty development system that allows humans to demonstrate complex functions via teleoperation.


While the suite may seem underwhelming at first glance, these cutting-edge robotics offerings have the potential to solve some of the most challenging outstanding problems in the field.


The visual training ground, called “NIM Microservices,” allows generative AI models similar to ChatGPT or Meta’s Llama to “see” and interpret their surroundings in 3D. While vision recognition systems have been around for a while, NIM serves as a simulation-to-execution stack that, theoretically, could be adapted to just about any imaginable machine.


OSMO, the other new service, is a cloud-based orchestrator. Much like it sounds, this workflow management system handles the scheduling and distribution of training and simulation resources. This enables developers to handle multiple models with geographically distributed hardware in a single UI — something Nvidia says didn’t previously exist.


Per a company blog post, “until now, there has not been a unified platform where developers can easily submit workloads on their desired compute.”


Lastly, Nvidia showed off its new teleoperation training system at SIGGRAPH 2024 in what, in this tech reporter’s opinion, is the coolest demo we’ve seen from the company since the debut of “Thispersondoesnotexist.com” back in 2017


In the demo, researchers show a human operating a robot remotely through 1:1 movement control — whatever the person does, the robot imitates. The machine’s movements are then captured by an AI training system as data which is used to train the robot in myriad different digital environments to prepare it for real world operations. A robot stock bump?


With a current market capitalization of $2.833 trillion, as of the time of this article’s publication, Nvidia is up about 11% overnight, as of July 31.


Despite falling 23% between July 10 through July 30 as big tech earning’s calls failed to impress, Nvidia is, once again, breathing down Microsoft’s neck ($3.080 trillion).


Another 9% bump in market cap would put Nvidia in second and potentially in contention for Apple’s spot ($3.408 trillion) as the most valuable company in the world.


Related:EU AI Act comes into effect — Here’s what to expect# Apple# NVidia# Technology# Microsoft# AI# Market Capitalization# Stocks# RoboticsAdd reaction

News Feed

JPMorgan Boss Jamie Dimon Says Bitcoin Is Worthless, Questions BTC’s Limited Supply
JPMorgan Boss Jamie Dimon Says Bitcoin Is Worthless, Questions BTC"s Limited Supply The CEO of global investment bank JPMorgan, Jamie Dimon, says bitcoin is “worthless,
Robert Knight11 hours agoMultiple buyers consider purchase and relaunch of ‘irreparable’ FTXRebooting a tarnished name is difficult and some firms are so utterly compromised by their failures that there is no real ho
Global Markets, Bitcoin Defy Expectations After Fed’s Hawkish Taper Plan Announcement
Global Markets, Bitcoin Defy Expectations After Fed"s Hawkish Taper Plan Announcement Global markets have defied predictions as the U.S. Federal Reserve and several central banks w
A Crypto Rewards Platform That Promised 40% APY Halts Withdrawals, Citing ‘Market Fluctuations’
A Crypto Rewards Platform That Promised 40% APY Halts Withdrawals, Citing ‘Market Fluctuations’ A crypto rewards platform called Freeway.io has notified users that it decided t
Bitcoin price won’t ‘dramatically’ increase from here, says billionaire
Brayden Lindrea7 hours agoBitcoin price won’t ‘dramatically’ increase from here, says billionairePeter Thiel also believes that Bitcoin’s original vision as a cypherpunk, crypto-anarchist, freedom tool hasn’t b
Derek Andersen2 hours agoAbu Dhabi Global Market introduces comprehensive DLT Foundations RegulationsThe ADGM’s new regulatory framework is the first of its kind in the world, it says. The free financial zone is alread
Indian State Ministry Discusses Cryptocurrency Plans With Founders of Crypto Bulls Roadshow
Indian State Ministry Discusses Cryptocurrency Plans With Founders of Crypto Bulls Roadshow An Indian state official recently met with the founders of the “India Crypto Bul
Decentralised Socialfi Platform Boom Live on App Store, Unveiling Two NFT Airdrops
Decentralised Socialfi Platform Boom Live on App Store, Unveiling Two NFT Airdrops sponsored Decentralised socialfi platform Boom has announced the launch of its application on theA
Price analysis 6/14: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, SHIB, AVAX
Rakesh Upadhyay7 hours agoPrice analysis 6/14: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, SHIB, AVAXBitcoin and several altcoins are getting sold into rallies, increasing the risk of a downside breakdown.3481 Total views10
XOXO Is Flipping the Script and Announcing a Genesis Collection Auction
XOXO Is Flipping the Script and Announcing a Genesis Collection Auction press release PRESS RELEASE.Gather up your partner, family, and friends to come and be a part of the genesis
Bollinger Band suggests further Bitcoin downside, but bull market still on: Traders
Ciaran Lyons44 minutes agoBollinger Band suggests further Bitcoin downside, but bull market still on: TradersCrypto traders are pointing to Bitcoin"s bollinger band being "released slowly" as an indicator that
How to Invest in LuxFi – the Luxury Asset-Backed NFT Marketplace
How to Invest in LuxFi – the Luxury Asset-Backed NFT Marketplace sponsored For many people the luxury market is out of reach. However, with LuxFi, that is no longer the case. The