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NVIDIA | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

NVIDIA is a pioneering technology company founded in 1993, known for inventing the GPU in 1999, which revolutionized the PC gaming...

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NVIDIA is a pioneering technology company founded in 1993, known for inventing the GPU in 1999, which revolutionized the PC gaming market and modern AI. The company specializes in accelerated computing, offering a range of products and solutions across gaming, AI, deep learning, and automotive technology. Headquartered in Santa Clara, CA, NVIDIA has evolved into a full-stack computing company with significant contributions to data centers and the metaverse.

Website
Headquarters
Santa Clara, CA
Size
10,001+ employees
Industry
Computer Hardware Manufacturing
Specialities
GPU-accelerated computing, artificial intelligence, deep learning, virtual reality, gaming, self-driving cars, supercomputing, robotics, virtualization, parallel computing, professional graphics, automotive technology

🛍️ NVIDIA Product and Pricing News →

👔 NVIDIA CEO, Management and Leadership Team →

⚔️ NVIDIA Alternatives and Competitors →

💼 NVIDIA Hiring and Layoffs →

🤖 NVIDIA Developer, Integration and Automation News →

📈 NVIDIA Financials, Fundraising and Valuation News →

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🛍️ NVIDIA Product and Pricing News

  • NVIDIA has launched a fully GPU-accelerated AlphaFold2 model that predicts protein structures 5 times faster and reduces costs by 17 times.
  • NVIDIA's Blackwell platform, launched at GTC 2024, achieved up to 2.2x more LLM training performance per GPU compared to previous models, as demonstrated in the latest MLPerf Training benchmarks.
  • NVIDIA's NIM 1.4, releasing in early December, boosts AI inference speed by up to 2.4x with improved kernel efficiency and memory allocation.
  • NVIDIA's MMseqs2-GPU accelerates protein sequence alignment up to 720x faster than traditional methods, significantly enhancing models like AlphaFold2 for rapid molecular biology insights.
  • NVIDIA GH200 Grace Hopper Superchips are now available on Lambda On-Demand.

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  • NVIDIA released RAPIDS v24.10, featuring zero code change accelerated NetworkX, Polars GPU engine in open beta, and improved compatibility with Python 3.12 and NumPy 2.x.
  • NVIDIA's GB200 NVL72 server racks, the first in the world, are now shipping to CoreWeave with Dell Technologies' liquid-cooled PowerEdge XE9712.
  • NVIDIA released DOCA 2.9, enhancing AI and cloud computing with new performance and security features, and improving networking platforms with hardware acceleration.

👔 NVIDIA CEO, Management and Leadership Team

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⚔️ NVIDIA Alternatives and Competitors

  • Cisco Systems
    • |
  • Juniper
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  • Arista Networks
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  • Dell Technologies
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  • Extreme Networks
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  • Huawei Technologies
    • |
  • Broadcom
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  • Lenovo
    • |
  • Intel
    • |
  • AMD
    • |
  • QUALCOMM
    • |
  • Texas Instruments
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  • Applied Materials
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  • Micron Technology
    • |
  • Analog Devices
    • |
  • Renesas Electronics
    • |
  • Hewlett Packard Enterprise
    • |
  • IBM
    • |
  • Alibaba

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💼 NVIDIA Hiring and Layoffs

  • On November 7, 2024, NVIDIA appointed Ellen Ochoa, former director of NASA’s Johnson Space Center, to its board of directors.
  • Magnus Weberg has left NVIDIA as Regional Manager Nordics, Baltics and Benelux at NVIDIA Enterprise in Greater Stockholm Metropolitan Area to join Waystream as Chief Commercial Officer.
  • NVIDIA is currently seeking a Director, Strategic Alliances - CAE and EDA in the United States.
  • NVIDIA is currently seeking a Consumer Industry Analyst Relations and Market Intelligence Lead in the United States.
  • Shilpa Kulkarni has joined NVIDIA as a Sr. Technical Program Management Leader in the United States, previously serving as Director Application Development at ADP.

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  • NVIDIA is currently hiring for the position of Linear Algebra Primitives, Product Manager in the United States.

🤖 NVIDIA Developer, Integration and Automation News

  • NVIDIA has partnered with Genesis Therapeutics to enhance AI-driven drug discovery by optimizing neural networks for 3D data handling, supported by an equity investment from NVentures.
  • NVIDIA is collaborating with IREN to accelerate scalable, sustainable AI cloud solutions.
  • Pacific Gas and Electric Company's Diablo Canyon Power Plant is using NVIDIA's AI platform for the first on-site generative AI deployment at a U.S. nuclear power plant to enhance search and retrieval.
  • NVIDIA and Dell Technologies are collaborating to help telecom companies accelerate AI adoption by offering a simplified solution for network operations and customer experience.
  • NVIDIA is partnering with LAIKA to enhance veterinary AI technology with hands-free voice support.

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  • NVIDIA announced a collaboration with Indonesian tech leaders to launch the Sahabat-AI LLM collection and AI services for Indonesia's industries and over 277 million Bahasa speakers.
  • NVIDIA CEO Jensen Huang announced a collaboration with SoftBank to build Japan's largest AI supercomputer using the NVIDIA Blackwell platform at the AI Summit Japan on November 12, 2024.
  • At the NVIDIA AI Summit in Mumbai, NVIDIA announced a collaboration with F5 to integrate NVIDIA BlueField-3 DPU with Kubernetes for F5 BIG-IP Next, enhancing AI efficiency and security in sovereign cloud environments.

📈 NVIDIA Financials, Fundraising and Valuation News

  • NVIDIA disclosed a 3% stake in Applied Digital worth $63.66 million, causing NVIDIA stock to dip and APLD stock to rise.
  • NVIDIA surpasses $3.6 trillion market value after Trump's win.
  • NVIDIA's stock dropped 4.59% to $132.94 as of October 31, 2024, following concerns about Alphabet's stagnant capital expenditure growth.
  • NVIDIA's stock surged 2,750% over the past five years due to the booming AI market, with 87% of its recent revenue coming from data center GPUs.
  • NVIDIA is expected to report third-quarter revenues of $32.5 billion on November 20, driven by strong demand for its new Blackwell AI chip.

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  • NVIDIA's data center compute revenue reached $22.6 billion for the May-July period, driven by GPUs like the H100 and H200, highlighting its dominance in the AI chip market.

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