{
}
H2O.ai has launched two new vision-language models, H2OVL Mississippi-2B and H2OVL Mississippi-0.8B, designed for document analysis and OCR tasks, showcasing competitive performance against larger models from tech giants. The 0.8B model excelled in the OCRBench Text Recognition task, while the 2B model demonstrated strong performance across various benchmarks. By offering these models on Hugging Face, H2O.ai aims to make AI technology more accessible and efficient for businesses dealing with document-heavy workflows.
SambaNova Systems and Gradio have launched an integration that simplifies access to high-speed AI inference, allowing developers to create web applications with minimal code. This partnership leverages SambaNova's advanced dataflow architecture, enabling rapid deployment of AI models like Meta's Llama 3.1 at impressive speeds, while addressing the growing demand for efficient AI solutions in various industries. As competition in the AI chip market intensifies, the focus on performance must also consider sustainability and the broader software ecosystem.
Perplexity has launched Internal Knowledge Search, allowing Pro users to search both internal files and the web in one platform, enhancing productivity by focusing on valuable data. The feature supports various document formats and integrates third-party data from services like Crunchbase and FactSet. Additionally, Spaces enables team collaboration while ensuring data privacy and control over access.
On October 15, major semiconductor stocks faced a significant selloff, with ASML plunging over 16% after disappointing guidance, marking its worst day since the pandemic. Other notable declines included KLAC down 15% and LRCX and AMAT both falling 11%. Despite this, leading semiconductors like NVDA, TSM, and AVGO held relatively steady, resulting in only a 5% drop in major semiconductor ETFs, while broader indices experienced losses between 0.7% and 1.4%.
Nvidia has unveiled its new AI model, Llama-3.1-Nemotron-70B-Instruct, which outperforms industry leaders like OpenAI's GPT-4 and Anthropic's Claude 3.5 Sonnet across multiple benchmarks. This strategic shift positions Nvidia as a formidable player in AI software, leveraging its hardware expertise to offer powerful, customizable solutions for businesses. The model's superior performance and alignment with user needs could reshape the competitive landscape, prompting rivals to innovate rapidly.
ASML's market value has plummeted by over €60 billion following disappointing earnings, triggering a sell-off in the semiconductor sector. While AI chipmakers like Nvidia thrive, traditional manufacturers such as Intel and Samsung face financial struggles, prompting analysts to predict a continued performance gap until at least 2025. Investors are now closely watching TSMC's upcoming results for further insights into the industry's health.
Coherent Market Insights offers comprehensive reports on the Artificial Intelligence in Healthcare market, detailing market size, growth rates, and key players like GE Healthcare and Siemens Healthineers. The analysis covers various regions, providing insights into trends, challenges, and opportunities for stakeholders through 2031. The report emphasizes actionable insights and reliable data to support strategic decision-making in the post-COVID-19 landscape.
NVIDIA and ASML shares have plummeted amid concerns over limited sales of AI chips, particularly to certain countries, raising alarms in the US chip industry. Market focus shifts to the upcoming ECB interest rate decision, with expectations of a 25 basis point cut, while the US will wait until after the presidential election for its next rate signal. ASML's disappointing outlook has further exacerbated market woes, pushing its stock towards critical support levels.
Katanemo has open-sourced Arch-Function, a collection of large language models (LLMs) designed for ultra-fast function-calling tasks, claiming speeds nearly 12 times faster than GPT-4 and significant cost savings. These models enable enterprises to create agentic applications that can efficiently handle complex workflows, from processing prompts to making API calls, paving the way for a new wave of AI-driven enterprise solutions. The market for AI agents is projected to grow to $47 billion by 2030, highlighting the increasing demand for such technologies.
US stocks closed lower as Nvidia and chip stocks fell following disappointing earnings from ASML, which dropped over 15%. The Dow Jones Industrial Average declined by 0.8%, influenced by UnitedHealth Group's 8% drop after missing profit guidance. Meanwhile, oil prices tumbled nearly 4% amid geopolitical developments.
NVIDIA Corporation
Companies
| Symbol | NVDA |
| Name | NVIDIA Corporation |
| Currency | USD |
| Sector | Information Technology |
| IndustryGroup | Semiconductors & Semiconductor Equipment |
| Industry | Semiconductors & Semiconductor Equipment |
| Market | NASDAQ Global Select |
| Country | United States |
| State | CA |
| City | Santa Clara |
| Zipcode | 95051 |
| Website | http://www.nvidia.com |
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
H2O.ai launches efficient AI models for advanced document analysis and OCR
Wells Fargo & Company
NVIDIA Corporation
Commonwealth Bank of Australia
The Goldman Sachs Group, Inc.
USA
David Smith
Sri Ambati
Show more
03:16 18.10.2024
sambanova and gradio partner to simplify access to high-speed ai models
BlackRock, Inc.
Meta Platforms, Inc.
SambaNova Systems Inc.
SoftBank Corp.
NVIDIA Corporation
USA
Joe Biden
Ahsen Khaliq
Show more
01:00 18.10.2024
perplexity launches internal knowledge search to enhance enterprise productivity
Dell Technologies Inc.
Bridgewater Bancshares, Inc.
Fortune Brands Innovations, Inc.
NVIDIA Corporation
Latham & Watkins LLP
Aravind Srinivas
Frank te Pas
Show more
00:30 18.10.2024
semiconductor stocks face sharp declines amid mixed market performance
ASML Holding N.V.
NVIDIA Corporation
KLA Corporation
Broadcom Inc.
Applied Materials, Inc.
Bristol-Myers Squibb Company
Lam Research Corporation
USA
Mark Arbeter
Show more
10:02 17.10.2024
nvidia launches new ai model surpassing openai and anthropic offerings
03:45 17.10.2024
asml shares drop highlights semiconductor industry struggles and performance gap
Euro
Taiwan Semiconductor Manufacturing Corp
NVIDIA Corporation
ASML Holding N.V.
Intel Corporation
Samsung Electronics Co
Apple Inc.
NLD
Show more
22:16 16.10.2024
actionable insights on artificial intelligence in healthcare market trends and forecasts
Euro
United States Dollar
Biosymetrics
Canon Medical Systems
NVIDIA Corporation
Intel Corporation
Microsoft Corporation
Arterys
Exscientia
Viz.ai Inc.
Oncora Medical
Babylon Health
Siemens Healthineers AG
PathAI
Philips Healthcare
Google Health
Aidoc Medical Ltd.
Ada Health GmbH
Komodo Health
GE HealthCare Technologies Inc.
Butterfly Network, Inc.
Relay Therapeutics, Inc.
RUS
DEU
ARG
USA
CAN
JPN
IND
ISR
ARE
MEX
GBR
FRA
ZAF
KOR
BRA
SAU
CHN
ITA
Vaagisha Shah
Show more
13:06 16.10.2024
nvidia and asml shares tumble ahead of key interest rate decisions
11:23 16.10.2024
Katanemo launches Arch-Function LLMs for faster and cost-effective AI applications
United States Dollar
Gartner, Inc.
Markets and Markets
NVIDIA Corporation
Salman Paracha
Gartner
Show more
01:22 16.10.2024
nasdaq leads declines as chip stocks tumble on disappointing earnings
United States Dollar
Advanced Micro Devices, Inc.
UnitedHealth Group Incorporated
The Goldman Sachs Group, Inc.
ASML Holding N.V.
NVIDIA Corporation
Walgreens Boots Alliance, Inc.
Bank of America Corporation
Show more
14:47 15.10.2024
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
CEO Changes
Industry Mergers & Acquisitions
Central Bank Actions
Global Trade Developments
GDP Growth & Recession Forecasts
Financial Scams and Security
Market Analysis and Predictions
Inflation and Monetary Impact
Government Policies
Government Economic Policies
Workplace Trends
Startups & Entrepreneurship
Supply Chain Management
Countries:
Companies:
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Apple Inc.
Barclays PLC
Bank of America Corporation
Wells Fargo & Company
Citigroup Inc.
Deutsche Bank Money Market PP
Morgan Stanley
Huawei Technologies CO. Ltd.
Lloyds Banking Group plc
Microsoft Corporation
UBS Group AG
Credit Suisse Lux Digital Healt
Amazon.com, Inc.
Banco Santander, S.A.
Credit Suisse Strategic Income I
BNP Paribas SA
NVIDIA Corporation
Currencies:
United States Dollar
Euro
Chinese Yuan
British Pound Sterling
Swiss Franc
Japanese Yen
Indian Rupee
Russian Ruble
Australian Dollar
Canadian Dollar
United Arab Emirates Dirham
Indonesian Rupiah
Saudi Riyal
South Korean Won
Danish Krone
Offshore Chinese Yuan
Turkish Lira
Hong Kong Dollar
Mexican Peso
Malaysian Ringgit
People: