AI Pays Off: Survey Reveals Financial Industry’s Latest Technological Trends

The financial services industry is reaching an important milestone with AI, as organizations move beyond testing and experimentation to successful AI implementation, driving business results. NVIDIA’s fifth annual State of AI in Financial Services report shows how financial institutions have consolidated their AI efforts to focus on core applications, signaling a significant increase in AI capability and proficiency. AI Helps Drive Revenue and Save Costs  Companies investing in AI are…

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Austin Calling: As Texas Absorbs Influx of Residents, Rekor Taps NVIDIA Technology for Roadway Safety, Traffic Relief

Austin is drawing people to jobs, music venues, comedy clubs, barbecue and more. But with this boom has come a big city blues: traffic jams. Rekor, which offers traffic management and public safety analytics, has a front-row seat to the increasing traffic from an influx of new residents migrating to Austin. Rekor works with the Texas Department of Transportation, which has a $7 billion project addressing this, to help mitigate…

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AI: Be by Your Side

Half of the world’s population will experience a mental health disorder — but the median number of mental health workers per 100,000 people is just 13, according to the World Health Organization. To help tackle this disparity — which can vary by over 40x between high-income and low-income countries — a Madrid-based startup is offering therapists AI tools to improve the delivery of mental health services. Therapyside, a member of…

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NVIDIA = Three Ways to Ride the Flywheel of Cybersecurity AI

The business transformations that generative AI brings come with risks that AI itself can help secure in a kind of flywheel of progress. Companies who were quick to embrace the open internet more than 20 years ago were among the first to reap its benefits and become proficient in modern network security. Enterprise AI is following a similar pattern today. Organizations pursuing its advances — especially with powerful generative AI…

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Japan Enhances AI Sovereignty With Advanced ABCI 3.0 Supercomputer

Enhancing Japan’s AI sovereignty and strengthening its research and development capabilities, Japan’s National Institute of Advanced Industrial Science and Technology (AIST) will integrate thousands of NVIDIA H200 Tensor Core GPUs into its AI Bridging Cloud Infrastructure 3.0 supercomputer (ABCI 3.0). The HPE Cray XD system will feature NVIDIA Quantum-2 InfiniBand networking for superior performance and scalability. ABCI 3.0 is the latest iteration of Japan’s large-scale Open AI Computing Infrastructure designed…

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‘Believe in Something Unconventional, Something Unexplored,’ NVIDIA CEO Tells Caltech Grads

NVIDIA founder and CEO Jensen Huang on Friday encouraged Caltech graduates to pursue their craft with dedication and resilience — and to view setbacks as new opportunities. “I hope you believe in something. Something unconventional, something unexplored. But let it be informed, and let it be reasoned, and dedicate yourself to making that happen,” he said. “You may find your GPU. You may find your CUDA. You may find your…

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Boom in AI-Enabled Medical Devices Transforms Healthcare

The future of healthcare is software-defined and AI-enabled. Around 700 FDA-cleared, AI-enabled medical devices are now on the market — more than 10x the number available in 2020.   Many of the innovators behind this boom announced their latest AI-powered solutions at NVIDIA GTC, a global conference that last week attracted more than 16,000 business leaders, developers and researchers in Silicon Valley — and many more online.  Designed to make healthcare…

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What Is Sovereign AI?

Nations have long invested in domestic infrastructure to advance their economies, control their own data and take advantage of technology opportunities in areas such as transportation, communications, commerce, entertainment and healthcare. AI, the most important technology of our time, is turbocharging innovation across every facet of society. It’s expected to generate trillions of dollars in economic dividends and productivity gains. Countries are investing in sovereign AI to develop and harness…

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AI Survey Reveals Financial Industry’s Top Trends for 2024

The financial services industry is undergoing a significant transformation with the adoption of AI technologies. NVIDIA’s fourth annual State of AI in Financial Services Report provides insights into the current landscape and emerging trends for 2024. The report reveals that an overwhelming 91% of financial services companies are either assessing AI or already using it in production. These firms are using AI to drive innovation, improve operational efficiency and enhance…

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NVIDIA CEO: ‘Every Industry Will Become a Technology Industry’

“This year, every industry will become a technology industry,” NVIDIA founder and CEO Jensen Huang told attendees Wednesday during the annual J.P. Morgan Healthcare Conference. “You can now recognize and learn the language of almost anything with structure, and you can translate it to anything with structure — so text-protein, protein-text,” Huang said in a fireside chat with Martin Chavez, partner and vice chairman of global investment firm Sixth Street…

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NVIDIA Partners With India Giants to Advance AI in World’s Most Populous Nation

The world’s largest democracy is poised to transform itself and the world, embracing AI on an enormous scale. Speaking with the press Friday in Bengaluru, in the context of announcements from two of India’s largest conglomerates, Reliance Industries Limited and Tata Group, NVIDIA founder and CEO Jensen Huang detailed plans to bring AI technology and skills to address the world’s most populous nation’s greatest challenges. “I think this is going…

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Google Cloud and NVIDIA Take Collaboration to the Next Level

As generative AI and large language models (LLMs) continue to drive innovations, compute requirements for training and inference have grown at an astonishing pace. To meet that need, Google Cloud today announced the general availability of its new A3 instances, powered by NVIDIA H100 Tensor Core GPUs. These GPUs bring unprecedented performance to all kinds of AI applications with their Transformer Engine — purpose-built to accelerate LLMs. Availability of the…

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How AI Is Powering the Future of Clean Energy

AI is improving ways to power the world by tapping the sun and the wind, along with cutting-edge technologies. The latest episode in the I AM AI video series showcases how artificial intelligence can help optimize solar and wind farms, simulate climate and weather, enhance power grid reliability and resilience, advance carbon capture and power fusion breakthroughs. It’s all enabled by NVIDIA and its energy-conscious partners, as they use and…

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Most Creators can be “Supercharged” by Generative AI

Generative AI will “supercharge” creators across industries and content types, NVIDIA founder and CEO Jensen Huang said today at the Cannes Lions Festival, on the French Riviera. “For the very first time, the creative process can be amplified in content generation, and the content generation could be in any modality — it could be text, images, 3D, videos,” Huang said in a conversation with Mark Read, CEO of WPP —…

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NVIDIA and Hexagon Solutions Accelerating Industrial Digitalization

For industrial businesses to reach the next level of digitalization, they need to create accurate, virtual representations of their physical systems. NVIDIA is working with Hexagon, the Stockholm-based global leader in digital reality solutions combining sensor, software and autonomous technologies, to equip enterprises with the tools and solutions they need to build physically accurate, perfectly synchronized, AI-enabled digital twins that can be used to transform their organizations. Hexagon is building…

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