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Meta Shows Off Orion’s AR Operating System Interface
- Meta showcased the operating system interface of its Orion AR glasses prototype.
- The Orion AR glasses prototype was presented at Meta Connect 2024. Meta plans to release AR glasses based on Orion's technology.
- Meta developed a prototype operating system and key apps for Orion, as shown in a video.
- The video demonstrates a realistic field of view and translucent virtual interfaces.
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Pymnts
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Nvidia Earnings Report Could Trigger $300 Billion Market Swing
- Nvidia's upcoming earnings report could cause significant market volatility.
- The stock could move about 8% in either direction, impacting the company's market value by nearly $300 billion.
- The uncertainty surrounds Nvidia's new Blackwell chip line and production delays.
- Despite the risk, Nvidia's AI accelerator chips remain in high demand from major tech companies.
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Siliconangle
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Nvidia’s SC24 special address hints at a new era in computing and AI
- Nvidia showcased its vision for AI and computing with founder and CEO Jensen Huang leading the address. Nvidia's virtual GPU, named Blackwell, has an energy-efficient system with a liquid-cooled system and is capable of powering machine-based robots that can adapt to their surroundings for production and logistical processes. Nvidia has maintained its status as a leading industry competitor because of CUDA, which simplifies the process of building services and applications that utilise the underlying Nvidia technology. AI, according to Nvidia, has arrived and will drive productivity growth and job creation while transforming scientific research and industries through accelerated computing.
- Nvidia discussed AI’s integration into scientific workflows, which range from drug discovery to climate modelling where AI accelerates simulations and real-time data analysis. The recently announced CuPyNumeric enables researchers to scale Python-based projects across GPU clusters without rewriting code. The event also highlighted the importance of partnerships in HPC.
- Together with Ian Buck, Nvidia's Vice President and general manager for high-performance computing, Huang said the CUDA-X libraries have fuelled a virtuous cycle of adoption, partnerships, and developer engagement and have broadened the application of Nvidia hardware across virtual domains such as healthcare and telecommunications.
- Energy efficiency was a recurring theme throughout the presentation, as Huang cited AI-driven systems like Blackwell as tools to help industries adapt to global problems, climate change in particular, which aligns with the growing demand for sustainable computing practices as energy costs rise.
- According to industry watcher, Zeus Kerravala at SiliconANGLE, Nvidia's leadership in this space sets a high bar, challenging others to innovate and adapt in a rapidly evolving landscape, identifying collaboration, transparency and sustainability as critical elements in harnessing the transformative power of AI.
- AI is not simply a tool, according to NVIDIA, as it is poised to become transformative when scaled. Huang predicted AI will drive productivity and job growth as it powers humanoid robots capable of adapting and performing tasks with minimal instruction, and while the larger technology community should invest in comprehensive ecosystems that enable seamless integration across applications.
- David Keyes of King Abdullah University of Science and Technology illustrated the potential for intelligent horticulture. He said his team scaled genomic studies to simulate 13 million synthetic patients and this paved the way for synthetic population health studies.
- Blackwell sits at the intersection between innovations in high-performance computing and advances in AI. Nvidia makes graphics processing units, but its CUDA programming dramatically simplifies the process of building applications and services that use underlying technology, keeping Nvidia out front of the competition.
- The SC24 conference brought together leaders in the HPC space to tackle the urgent needs of industry and scientific research through the integration of AI but more crucially, the need for sustainable computing in an environment where energy consumption is a global concern.
- One frustration for Ai infrastructure is that many industry watchers call the technology out for being power-hungry. But without it, tasks such as compiling information would require media guides and searching numerous videos. AI might use more power in one operation than a related one, but the alternate solution could take weeks to complete.
- NVIDIA CEO Jensen Huang has said that the world of high-performance computers is among humanity's most vital instruments, driving scientific breakthroughs and expanding the frontiers of knowledge by empowering researchers to conduct work previously deemed impossible. Huang opened the address by discussing the societal importance of supercomputing.
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Siliconangle
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Cooling evolution: How Direct Liquid technology powers sustainable data centers
- Direct liquid cooling is the future of energy-efficient data centers, according to Seguente Inc.
- Seguente has partnered with Dell Technologies Inc. and Nvidia Corp. to transform existing computing racks for more sustainable and higher workload support.
- Seguente leads the shift from indirect to direct liquid cooling, allowing for more densely compact compute racks.
- The company's Coldware technology captures heat, saving energy within the entire system.
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Insider
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Nvidia traders are eyeing an 8% swing in the stock after the chip giant reports earnings
- Nvidia investors are expecting an 8% swing in the stock after the company reports earnings.
- Options data suggests a potential $300 billion gain or loss in market value.
- Investors are anticipating Nvidia to report $33 billion in revenue for the third quarter.
- All eyes will be on the firm's guidance for Blackwell, its next-generation AI chip.
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Digitaltrends
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Valve adds DLSS 3 to SteamOS backend, but don’t expect an Nvidia Steam Deck
- Valve has added DLSS 3 Frame Generation to its Proton compatibility layer on SteamOS.
- Proton Experimental update brings DLSS 3 support and fixes issues in various games.
- The update does not indicate the future release of an Nvidia-based Steam Deck.
- Adding DLSS 3 support in Proton expands options for Linux gamers and prepares for possible future Nvidia-based handhelds.
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Insider
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Stock market today: Indexes dip ahead of Nvidia earnings as traders weigh Russia-Ukraine tensions
- US stocks dipped on Wednesday before Nvidia's earnings report. Markets were eyeing a spike in tensions as Ukraine deployed Western-made weapons to strike inside Russian territory.
- Traders were also waiting on a number of Fed speakers for guidance on interest rates.
- Investors are eagerly awaiting Nvidia's third-quarter results, expecting a revenue increase of 83% on a year-over-year basis.
- Target shares plummeted 20% after the firm slashed its guidance for the year and posted its worst earnings miss in two years.
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Insider
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Nvidia earnings live updates: Wall Street watching consumer demand for Blackwell chips
- Nvidia will release its third-quarter earnings after the closing bell on Wednesday.
- Wall Street is bullish on the stock, citing strong revenue growth and demand for Nvidia GPUs.
- Investors are eager to know about customer demand for Nvidia's Blackwell GPU chip.
- CFRA Research analyst expects Blackwell chips to be supply constrained through CY 2025.
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Digitaltrends
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Nvidia may keep producing one RTX 40 GPU, and it’s not the one we want
- Nvidia may continue producing the RTX 4050 GPU, despite rumors of sunsetting the RTX 40-series.
- The RTX 4050 is a budget-friendly option only available in laptops, lacking outstanding performance.
- Continued production of the RTX 4050 may impact the pricing of the next-gen RTX 5050.
- While other higher-end RTX 40-series GPUs may no longer be produced, Nvidia is expected to announce the next-gen RTX 50-series during CES 2025 in January.
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Analyticsindiamag
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What Does the NVIDIA-Reliance Relationship Mean for India?
- Reliance's entry into India's cloud industry is set to drive competition, lower costs, and boost data localisation and is expected to grow to approximately 3,000 to 4,000 megawatts over the next three to five years.
- India used to cater to much of the backend and outsourcing of software earlier; it should be at the front end of solutions, 5 years down the line.
- Jio took India from number 158 in the world to number one in eight years. We as a single company didn't know anything about this domain, but today we are the largest data company in the world.
- Reliance plans to build a gigawatt-scale AI-ready data centre in Jamnagar. Pai mentioned how IT companies are already managing and maintaining data centres globally. He believes that with ample talent available, India can excel in this field.
- NVIDIA founder, Jensen Huang, called India 'one of the biggest intelligence markets,' and is helping Reliance grow significantly catering to a population of 1.4 billion people to bring intelligence at scale.
- With initiatives such as free data for Jio subscribers, Reliance is strengthening its position while promoting data retention within India, which is a strategic move for data security. Its capacity for large-scale data storage could push competitors like Microsoft to host data domestically.
- Not just Reliance, but a number of other Indian companies announced their collaboration with NVIDIA. Their aim is to create new jobs and train developers to equip themselves with AI.
- NASSCOM’s Vipul Parekh also believes that India houses a large talent pool that can be increased exponentially, and with more advanced courses being offered in the institutions, the proportion can only rise.
- At the company's 47th Annual General Meeting in September, Reliance unveiled several AI products, including Jio Brain, Jio AI-Cloud, and Jio Phone Call AI.
- Reliance plans to establish a development centre in India to train a large number of developers—potentially hundreds of thousands—in the use of core foundry and Omniverse tools.
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Fintechnews
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Temenos to Deliver On-Premises Generative AI for Banks with NVIDIA
- Banking software provider Temenos has partnered with NVIDIA to offer banks on-premises generative AI solutions.
- This collaboration enables banks to leverage AI for real-time insights while maintaining data security and control.
- Temenos' generative AI, running on NVIDIA's accelerated computing platform, allows for rapid processing of information and scaling of AI capabilities.
- The partnership aims to empower banks to innovate and improve efficiency, productivity, and customer satisfaction in an AI-driven world.
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Immersivelearning
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Accenture Learning Transformation: Evolve Your Skills
- Accenture's Learning Transformation helps companies quickly adapt their corporate training to meet the requirements of a fast-changing workforce and improve productivity.
- It uses advanced digital tools to make learning fit each person’s needs, through partners like Udacity, which has helped over 21 million learners.
- Hyperspace has also joined Accenture's efforts by making VR learning easy to use on any device to help companies grow by training their teams in a way that fits their needs.
- Companies that digitize see an 80% increase in profits and are 2.1 times more likely to succeed.
- Accenture's approach to employee skill development includes using innovative methods that go beyond traditional approaches, with the help of immersive learning technologies to create unique training experiences.
- Accenture is using Web 3.0 innovations and tools like Meta Quest VR headsets, demonstrating their commitment to advanced learning.
- Accenture Learning Transformation is about making learning programs that fit each employee’s needs with digital tools and learning platforms.
- Accenture offers a wide range of digital learning solutions for today’s workforce, such as personalized content and simulations that mimic real-world scenarios.
- Virtual and augmented reality (VR/AR) technologies are very effective in boosting employee confidence and engagement, and help address skill gaps and prepare employees for rapid changes.
- Creating a culture of continuous learning helps companies keep up with fast changes, and research shows that 82% of leaders are changing how they view their workforce, highlighting the need for ongoing learning.
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Pymnts
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Temenos Offers On-Site GenAI From Nvidia for Banks
- Banking software provider Temenos is now offering on-premises generative artificial intelligence (AI) to banks.
- The tool, built with Nvidia's AI platform, allows banks to gain real-time insights from their data while maintaining control of their information.
- The integration of Nvidia NIM microservices by Temenos enables banks to access real-time insights, identify areas for improvement, and deliver personalized customer experiences.
- The new offering comes as AI usage increases in the financial world, with many CFOs planning to increase their AI budgets next year.
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Siliconangle
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IBM advances AI efficiency with intelligent storage innovations
- IBM is advancing AI efficiency with intelligent storage innovations.
- Innovations in storage technology are essential to support high-performance computing and AI in navigating complex datasets and workloads.
- IBM is evolving AI storage solutions with features such as Content-Aware Storage and Active File Management to optimize performance and improve data management.
- IBM's AI storage solutions offer high performance while consuming considerably less energy than competing systems, and prioritize ease of use and automation to simplify management and improve efficiency.
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Pymnts
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Fiserv and ADP Partner to Build Small Business Management Platform
- Fiserv and ADP have partnered to offer U.S.-based small businesses a management system with capabilities across payroll, cash management, and payments.
- The partnership will bring together ADP's small business payroll and human resources solution, RUN Powered by ADP, with Fiserv's small business management platform, Clover.
- Additionally, Fiserv's accounts payable and accounts receivable management platform, CashFlow Central, will be available to RUN and Clover clients.
- The integrated services are expected to be rolled out in early 2025.
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