Nvidia (NASDAQ:NVDA) is making news on Monday after releasing a series of announcements that sent NVDA stock rising higher.
Source: JHVEPhoto / Shutterstock.com
Here are all the different announcements that resulted in a boost to NVDA stock today.
- CEO Jensen Huang revealed that will be a focus for Nvidia in the future.
- The company announced for use in data centers.
- NVDA is also through its chips that will protect companies in the approaching Internet of Things (IoT) era.
- Adding to its security efforts, the company notes that American Express (NYSE:AXP) .
- Another new announcement includes by using AI to create a stand-in avatar for users.
- To go along with this, , which is a new AI video streaming platform.
- Other Nvidia news today includes .
- Additional AI news includes an .
- The company also (NYSE:GSK) to work alongside its AI group to help with the discovery of medicines and vaccines.
- It also announced plans to and it will focus on artificial intelligence (AI) research for healthcare.
- Supplemental healthcare news includes an AI model from NVDA being used to .
- It also that lets creators work together in real-time.
- Adding to this is the revelation of its , a graphics card made for creators.
- A was also announced by the company.
- Another part of this news includes .
- The company also notes that its AI will work alongside Microsoft’s (NASDAQ:MSFT) to help with grammar suggestions in Word.
- There’s also news that .
- Another bit of news from NVDA includes .
- Nvidia also points out that its following its acquisition of the company.
- The company also announced support for augmented reality (AR) and virtual reality (VR) streaming via Amazon’s (NASDAQ:AMZN) Web Services.
NVDA stock was up 4.3% as of Monday afternoon.
