NVIDIA Corporation (NASDAQ:NVDA) And Baidu Associates To Accelerate AI


NVIDIA Corporation (NASDAQ:NVDA) and Baidu reported a broad association to bring the world’s major artificial intelligence technology to self-driving vehicles, AI home assistants and cloud computing. During AI developer meeting in Beijing, Qi Lu, the COO and President stated his firm’s plans to work with NVIDIA to get next-gen NVIDIA® Volta™ GPUs to its cloud, providing cloud clients with the world’s key deep learning platform. It will embrace NVIDIA’s DRIVE™ PX platform for its self-driving car plan, and advance self-driving vehicles with prime Chinese carmakers.

The details

Ian Buck, the VP and GM of accelerated computing with NVIDIA, reported that Baidu and NVIDIA have pioneered considerable advances in AI and deep learning. They consider AI is the most dominant technology force of their time, with the prospect to revolutionize every industry. The collaboration aligns their exceptional technical resources to develop AI computing platforms for developers from different fields including academic research, startups developing advanced AI applications and autonomous vehicles.

During the event, Lu mentioned that they are extremely thrilled to report a deep and comprehensive association with NVIDIA. NVIDIA and Baidu will work together on Apollo self-driving vehicle platform, utilizing NVIDIA’s automotive technology. They will work together to make PaddlePaddle the deep learning framework; develop their conversational AI system named DuerOS and support research activities at the Institute of Deep Learning.

AI in Cloud and Data Centers Baidu, one of leading cloud providers in China, reported that it will implement NVIDIA HGX™ framework with Tesla® Volta V100 as well as Tesla P4 GPU accelerators for Artificial Intelligence inference and training in its data centers. Together with Baidu’s PaddlePaddle and NVIDIA’s TensorRT™, companies and researchers can harness advanced technology to develop services and products with real-time understanding of speech, text, video and images.

In the last trading session, the stock price of NVIDIA jumped more than 2% to close the day at $143.05.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.