The world of artificial intelligence is rapidly evolving, with major companies and innovators pushing the boundaries of what is possible. In this news brief, we'll explore the latest developments in AI, from NVIDIA's GTC conference to the rise of humanoid robots and the growing importance of long-term market trends like AI.
NVIDIA Highlights Stereotaxis' Technology at GTC
NVIDIA highlighted Stereotaxis' technology at its GTC conference, a global artificial intelligence conference that brings together engineers, researchers, and inventors working to pioneer applications for AI. Stereotaxis, a pioneer and global leader in surgical robotics for minimally invasive endovascular intervention, announced that NVIDIA has accepted Stereotaxis into the NVIDIA Connect program. This program supports member companies with NVIDIA's software development resources, industry-leading frameworks, and software development kits.
Major Companies Embrace Artificial Intelligence
Artificial intelligence is making its way into more industries, with NVIDIA and General Motors announcing a partnership to use NVIDIA's chips in vehicles, simulation, and plant design. Yum Brands, parent company of Taco Bell, KFC, and Pizza Hut, says AI-powered order-taking is on the way. The housing market's affordability struggles aren't expected to ease anytime soon, with economist Thomas Ryan predicting that high home prices and mortgage rates will continue rising over the next two years.
Empowering AI Innovation with Data
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Prezent Raises $20M to Build AI for Slide Decks
Prezent raises $20M to build AI for slide decks.
Nvidia, xAI to Join BlackRock and Microsoft's $30 Billion AI Infrastructure Fund
Nvidia and xAI are set to join a partnership between BlackRock and Microsoft to invest billions in growing the infrastructure needed to power artificial intelligence projects. The group, which was first announced in September, is seeking $30 billion in funding. GE Vernova and NextEra Energy will also work with the group to develop 'diverse energy solutions' for the data centers.
Nvidia Stock Stems Losses as GTC Leaves Wall Street Analysts Comfortable with Long-Term AI Demand
Nvidia stock rose more than 1% Wednesday morning, stemming losses from a two-day slide that saw shares drop 5% as amid concerns about long-term AI demand and more efficient AI models reducing the need for computing hardware such as Nvidia’s acclaimed GPUs (graphics processing units, or AI chips).
Alset AI Announces U.S. Trading Symbol Change to GPUSF
Alset AI Announces U.S. Trading Symbol Change to GPUSF. Alset AI shares will continue to trade on the TSXV under "GPUS" and on the Frankfurt Stock Exchange (FSE) under "1R60".
Nvidia CEO: Humanoid Robot Revolution is Closer Than You Think
Nvidia CEO Jensen Huang believes humanoid robots are less than five years away from seeing wide use in manufacturing facilities. Huang unveiled software tools that would help humanoid robots navigate the world more easily.
Focus on Long-Term Market Trends Like AI, Jim Cramer Says
CNBC’s Jim Cramer advised investors to set their sights on longer-term market themes like artificial intelligence. He stressed that focusing on these themes can lead to “money-making ideas” that can’t be stopped by the Fed or even the tariffs.
Tencent AI Plans Seen as Key for Further China Tech Stock Gains
With Alibaba Group Holding Ltd. grabbing the spotlight of investor attention over China’s success in artificial intelligence, Tencent Holdings Ltd. is still waiting for its turn to shine. Alibaba’s Hong Kong-listed shares have risen more than twice as much as Tencent’s 30% gain so far this year on the boom sparked by DeepSeek.
Key Takeaways
- NVIDIA highlighted Stereotaxis' technology at its GTC conference, accepting the company into the NVIDIA Connect program.
- Major companies are embracing artificial intelligence, with NVIDIA and General Motors partnering to use NVIDIA's chips in vehicles, simulation, and plant design.
- The housing market's affordability struggles aren't expected to ease anytime soon, with economist Thomas Ryan predicting that high home prices and mortgage rates will continue rising over the next two years.
- Nvidia, xAI to join BlackRock and Microsoft's $30 billion AI infrastructure fund.
- Nvidia stock rose more than 1% Wednesday morning, stemming losses from a two-day slide that saw shares drop 5% as amid concerns about long-term AI demand and more efficient AI models reducing the need for computing hardware such as Nvidia’s acclaimed GPUs (graphics processing units, or AI chips).
- Nvidia CEO Jensen Huang believes humanoid robots are less than five years away from seeing wide use in manufacturing facilities.
- CNBC’s Jim Cramer advised investors to set their sights on longer-term market themes like artificial intelligence.
- Tencent AI plans are seen as key for further China tech stock gains.
Sources
- Stereotaxis Highlighted by NVIDIA at GTC Artificial Intelligence Conference and Accepted into NVIDIA Connect Program
- Morning Business Report: Major companies embrace artificial intelligence 41NBC News
- Empowering AI Innovation With Data
- Prezent raises $20M to build AI for slide decks
- Nvidia, xAI to Join BlackRock and Microsoft's $30 Billion AI Infrastructure Fund
- Nvidia stock stems losses as GTC leaves Wall Street analysts 'comfortable with long term AI demand'
- Alset AI Announces U.S. Trading Symbol Change to GPUSF
- Nvidia CEO: Humanoid robot revolution is closer than you think
- Focus on long-term market trends like AI, Jim Cramer says
- Tencent AI Plans Seen as Key for Further China Tech Stock Gains