Archive for the ‘Nvidia’ Category
Monday, November 25th, 2024
In a monumental announcement at SC24, NVIDIA has unveiled its Omniverse Blueprint, a real-time physics digital twin framework designed to redefine engineering workflows in aerospace, automotive, manufacturing, and energy industries. This cutting-edge technology enables developers to create interactive, high-fidelity digital twins, promising unprecedented speed, accuracy, and efficiency in product design and simulation.
 The NVIDIA Omniverse Blueprint for real-time computer-aided engineering digital twins enables industry software developers to help their CAE customers create digital twins with real-time interactivity. (Source Nvidia) By integrating NVIDIA’s advanced acceleration libraries and AI-driven physics frameworks, the Omniverse Blueprint offers software developers like Altair, Ansys, Cadence, and Siemens the tools to significantly reduce costs, energy consumption, and time-to-market. The reference workflow combines simulation, physics-based modeling, and real-time visualization, offering a staggering 1,200x improvement in simulation speeds compared to traditional methods.
“We built Omniverse so that everything can have a digital twin,” said NVIDIA CEO Jensen Huang. “Omniverse Blueprints connect NVIDIA Omniverse with AI technologies, empowering developers to create transformative workflows that will industrialize the world’s largest industries—from design and manufacturing to operations.”
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Tags: accelerated engineering workflows, cloud-native simulation, computational fluid dynamics, NVIDIA Omniverse Blueprint, physics-AI framework, real-time digital twins
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Thursday, April 18th, 2024
At this year’s CadenceLive event, an assembly of technological vision and collaboration unfolded as Anirudh Devgan, CEO of Cadence Design Systems, delivered a compelling keynote address that painted a picture of a rapidly evolving technological landscape. This was followed by an enlightening discussion between Devgan and Jensen Huang, CEO of Nvidia, where the two industry titans delved into the transformative impacts of artificial intelligence, the future of digital biology, and the evolving architectures of data centers. Together, they explored how accelerated computing and deep collaboration between their companies are setting the stage for groundbreaking advancements across various industries.
 Anirudh Devgan, Cadence CEO @ CadenceLive — Photo courtesy Cadence Opening his address, Devgan extended heartfelt thanks to Cadence’s customers and partners, whose unwavering support has been crucial in the company’s journey. This foundation of strong partnerships has enabled Cadence to push the boundaries of what is possible in semiconductor design and system integration.
Devgan quickly pivoted to the evolving landscape of technology. He highlighted the blurring lines between semiconductor companies and systems companies—a trend that has seen traditional chip manufacturers like Nvidia and Broadcom expand into system integration. This convergence is a response to the growing demand for more complex and integrated solutions across various industries, from automotive to consumer electronics.
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Tags: AI, Artificial Intelligence, Cadence, cadenceLive, Digital Twins, Nvidia, Palladium
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Wednesday, February 21st, 2024
In an astonishing display of fiscal prowess, NVIDIA has announced its financial results for the fourth quarter and full fiscal year 2024, setting new benchmarks in the tech industry. The company reported a record-breaking quarterly revenue of $22.1 billion, marking a 22% increase from the previous quarter and an impressive 265% surge from the same period last year. This surge is attributed to the booming demand for accelerated computing and generative AI, which have become pivotal in the digital transformation across various sectors.
NVIDIA’s Data Center revenue alone stood at a staggering $18.4 billion for the quarter, up 27% from Q3 and a whopping 409% from the year-ago period, underscoring the vital role of NVIDIA’s technology in powering the world’s data processing, AI training, and inference needs.
For the fiscal year 2024, NVIDIA’s revenue soared by 126% to $60.9 billion, with GAAP earnings per diluted share increasing by 586% to $11.93, and non-GAAP earnings per diluted share climbing by 288% to $12.96. This performance highlights NVIDIA’s successful navigation through the challenges and opportunities of the past year, driven by its innovation in GPU technology and strategic market positioning.
Jensen Huang, NVIDIA’s founder and CEO, remarked on the company’s monumental achievements, stating, “Accelerated computing and generative AI have hit the tipping point. Demand is surging worldwide across companies, industries, and nations.” He further highlighted the diverse drivers of NVIDIA’s Data Center platform, including the demand from cloud-service providers, enterprise software, consumer internet companies, and vertical industries like auto, financial services, and healthcare.
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Wednesday, August 23rd, 2023
NVIDIA announced its financial results for the second quarter of fiscal year 2024, reporting record revenue of $13.51 billion, an increase of 88% from the previous quarter and 101% from the same period a year ago. The company’s Data Center revenue also hit a record of $10.32 billion, rising by 141% from the previous quarter and 171% from a year ago.
GAAP earnings per diluted share for the quarter were $2.48, which marked a significant increase of 854% from a year ago and 202% from the previous quarter. Non-GAAP earnings per diluted share were $2.70, up 429% from a year ago and 148% from the previous quarter.
NVIDIA’s CEO, Jensen Huang, stated that a new computing era has begun, with companies transitioning to accelerated computing and generative AI. The company’s GPUs, combined with its networking technologies and software stack, play a crucial role in the emerging landscape of generative AI.
 NVIDIA campus in Santa Clara, Calif. (more…)
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