Nvidia DGX Cloud’s AI-as-a-Service Rockets AI Stocks of the Company

Jul 06 2023

Nvidia DGX Cloud’s AI-as-a-Service Rockets AI Stocks of the Company.

After the recent rapid fall of Nvidia’s shares in the market the company now breathes down the neck of the market leaders. Srini Pajjuri, analyst at Raymond James, anticipates that Nvidia’s AI stocks price will reach $450.

  • So, What Happened?

Being a core producer of graphic processing units and systems on chip units, Nvidia has always kept up with the market and followed the most recent trends. Thus the company supported startups through its GPU Venture Program, and with the growing popularity of virtual reality, Nvidia started releasing software libraries for creating graphic effects and realistic environments in traditional games and VR projects.

With the recent outburst of artificial intelligence (Open AI being the leader with its ChatGPT) Nvidia presented its DGX cloud service. This technology allows your enterprise to access AI supercomputers right from a browser. 

AI-as-a-Service (AaaS) models enable enterprises to build customized large language models with their own enterprise data.

Trending generative AI is widely used in Nvidia’s products. This technology generates new content, which includes texts, images, and even videos, based on machine learning algorithms. Generative AI was inspired by the popular Chat GPT — last year’s launch of OpenAI.

Following the news about Nvidia DGX Cloud’s launch of AaaS, the company’s AI stocks rose by 3.7%. 

Pajjuri noted that Nvidia’s CUDA programming platform with its AI libraries used by 4 million developers, provided the basis for the fact that Nvidia’s chipwon out in the latest wave of AI applications.

The analyst also ensured that Nvidia will soon be able to generate reliable financial results. His conclusion was based on the upcoming launches of the AI-related products later this year.

He also added that the advantages of Nvidia’s AI eco-system would be hard to outmatch for the company’s potential competitors.

Subscribe Our Newsletter

Stock Market News Live Updates: Stock Futures Open Lower To Extend Earlier Declines
Stock Market News Live Updates: Stock Futures Open Lower To Extend Earlier Declines

Concerns about the effect of sanctions imposed by governments and corporations on Russia have impacted US equities markets. The S&P 500 fell 0.7% on Tuesday, bringing its year-to-date losses to 12.5%.

Stocks
The European Energy Crisis Is About To Go Global
The European Energy Crisis Is About To Go Global

It was really only a question of time. Energy shortages in a globalized world are unlikely to be contained for long, especially in the face of shattered supply chains and a rush to reduce fossil fuel investment.

Banks and Finance
Get the ultimate solution: B2BinPay Get the ultimate solution: B2BinPay
Sponsored
Anna

What is The Difference Between Liquidity Provider and Liquidity Aggregator?
Forex is a platform where everyone, from a huge corporation to a beginner trader, can start making a profit from their funds. The Forex market is so gainful, thanks to its exceptionally high liquidity.

discover
Choosing an iGaming software provider

Alexander

Top 10 iGaming Platform Providers in 2024

Discover the best iGaming platform providers in 2024 and learn why businesses must choose reliable and experienced partners to succeed in this industry.

Fintech
Contact us bg

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiries

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Successful!
    Thank you for your request.
    We will contact you shortly.
    Close

    Сonstantine

    Internal vs External Range Liquidity In ICT Trading Explained

    Internal vs External Range Liquidity In ICT Trading

    Constantine

    Portfolio Backtesting — Tools, Metrics, and Methods Explained

    Portfolio Backtesting

    Сonstantine

    ICT Trading Explained: Smart Money Concepts, Tools and Setups

    ICT Trading Explained

    Сonstantine

    CFD Trading Strategies: A Practical Guide to Risk and Execution

    CFD Trading Strategies

    Alexander

    What is a Fair Value Gap? A Guide to Trading Market Imbalances

    What is Fair Value Gap

    Vitaliy

    Triangle Patterns in Trading: Mastering Ascending, Descending & Symmetrical Strategies for Maximum Profit

    Triangle Patterns in Trading: Ascending, Descending & Symmetrical Guide

    Alexander

    What Is COTI? Payments, Token & Price Prediction

    What is a COTI coin

    Constantine

    Best Copy Trading Software in 2025

    Best Copy Trading Software in 2025

    Alex

    What Is an AI Agent? The Future of Finance Explained

    AI Agent Explained

    Constantine

    How to Start a Liquidity Provider Business?

    How to Start a Liquidity Provider Business

    Constantine

    How to Start a White Label Brokerage?

    How to start a white label brokerage

    Constantine

    How to Start a Multi-Asset Brokerage?

    How to Start a Multi-Asset Brokerage

    Hazem

    Crypto Ransomware – How They Happen and How to Avoid Them

    Crypto ransomware explained

    Constantine

    Best Web3 Browsers in 2025

    Best Web3 Browsers

    Constantine

    Best DAO Projects in 2025

    Best DAO projects in 2025

    Alexander

    Crypto Nodes That Pay: Your 2025 Guide to Top Passive Income Opportunities in Crypto

    crypto nodes that pay

    Alex

    Pi Network: Scam or Groundbreaking Crypto? The Full Analysis

    Pi Network Explained

    Constantine

    Triple Net Lease: Meaning, Benefits, and Strategies Explained

    Triple Net Lease

    Constantine

    Hanging Man Pattern: How to Identify and Trade It Effectively

    Hanging Man Pattern

    Alex

    5 Infinite Banking Mistakes That Could Cost You Thousands

    Infinite Banking Mistakes to Avoid

    Aleksander

    Solana Firedancer: Solving Solana’s Biggest Problems with a New Engine

    Solana Firedancer explained

    Alexander

    What Is an Interest Coverage Ratio? How to Use This Financial Metric to Evaluate Company Health

    Interest Coverage Ratio Explained

    Hazem

    After-Hours Trading: Can You Trade After Financial Markets Close?

    After-Hours Trading Explained

    Alexander

    How to Scale a Crypto Exchange Business and Stay Competitive

    how to scale crypto exchange business
    liquidity-provider-logo
    • News
      • Stock Market Forecast
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
      • AI
      • Technology
      • DeFi
      • NFT
    • Articles
      • Crypto Payments
      • Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
      • FinTech Awards
      • Blockchain
      • Investing
      • NFT
      • DeFi
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
      • White Label Brokerage Platforms
      • Broker CRM Platforms
    [email protected]

    © 2024 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy
    This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.