Nvidia shares rose 1.03% to $179.83 after launching its Jetson AGX Thor developer kit. Tilray Brands surged 20.87% to $1.39, fueled by a positive note from Jefferies and optimism about potential US cannabis reform. Offerpad Solutions skyrocketed 136.36% to $3.64, part of a "meme stock" surge. Interactive Brokers Group rose 0.58% to $62.76 after announcing it will join the S&P 500. Keurig Dr Pepper fell 11.48% to $31.10 amid reports of a potential $18 billion deal to acquire JDE Peet's.
NVIDIA shares rose 1.03% to $179.83 following the launch of its Jetson AGX Thor developer kit [1]. The new device, designed for advanced robotics applications, has garnered significant attention from industry leaders and developers.
The Jetson AGX Thor developer kit and production modules, powered by NVIDIA's Blackwell GPU, offer substantial improvements in AI compute and energy efficiency compared to its predecessor, the Jetson Orin [1]. Early adopters include major players like Amazon Robotics, Boston Dynamics, and Meta, indicating strong market interest [1].
The device's ability to support multiple generative AI models at the edge and deliver real-time intelligent interactions with people and the physical world positions it as a key tool for the next generation of robotics [1]. This innovation is set to revolutionize industries such as manufacturing, logistics, healthcare, and agriculture [1].
Despite the positive market reception, the high starting price of the Jetson AGX Thor developer kit, at $3,499, may limit accessibility for smaller developers and startups [2]. Additionally, the reliance on third-party manufacturing and assembly could pose risks to product delivery and quality [2].
The launch of the Jetson AGX Thor developer kit underscores NVIDIA's commitment to driving innovation in physical AI applications and reinforces its leadership in the robotics sector [1].
References:
[1] https://nvidianews.nvidia.com/news/nvidia-blackwell-powered-jetson-thor-now-available-accelerating-the-age-of-general-robotics
[2] https://www.quiverquant.com/news/NVIDIA+Announces+General+Availability+of+Jetson+AGX+Thor+Developer+Kit+and+Production+Modules+for+Advanced+Robotics+Applications
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