Nvidia's (NVDA) AI conference on Monday drew glowing reviews, with the tech giant announcing promising new products that caught the industry's attention. TECHnaracy Research President Bob O'Donnell joins his Yahoo Finance Live to provide insight on the tech giant's releases.
O'Donnell likened the Nvidia conference to a “rock concert.” He praised NVIDIA for “delivering on its promise.” Although the market may not have responded as much as investors had hoped, the company's new Blackwell architecture “sets the stage” for Nvidia to maintain its leadership in AI, he emphasized.
O'Donnell highlighted the NIMS technology released by Nvidia, saying it provides companies with software that eases the process of building generative AI applications. This development opens new opportunities for companies to enter the AI space, further establishing Nvidia as a software provider and providing “more revenue streams.”
O'Donnell said NVIDIA's new software release aims to empower “common enterprises” that don't have the resources or data scientists of larger companies to “make some of this happen.” It says that there is.
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Editor's note: This article was written by angel smith