Nvidia (NVDA.US) rose 4% to a high of $7.11 since July 11

Generated by AI AgentMarket Intel
Tuesday, Oct 8, 2024 11:30 am ET1min read
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On Tuesday, Nvidia (NVDA.US) shares rose 4% to hit a high of $132.92, the highest intraday level since July 11, as of the time of writing. At Nvidia's AI Summit in Washington, D.C. today, Nvidia's vice president of enterprise platforms, Bob Pette, gave a presentation. He said that from AT&T (T.US), Deloitte and Quantiphi to research centers like the National Cancer Institute and SETI Institute, they were using Nvidia's software technology to help employees complete software development, networking engineering work and even search for signs of extraterrestrial life.

Pette noted that Nvidia has a suite of AI software platforms, including Nvidia NIM Agent Blueprints, Nvidia NIM and Nvidia NeMo. Nvidia NIM Agent Blueprints is designed to help businesses develop generative AI applications, while Nvidia NIM provides the ability to quickly combine chatbots and AI assistants. Nvidia NeMo provides businesses with a way to build custom generative AI models.

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