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Stockreport

Nvidia Considers $165M OctoAI Acquisition, Aims to Strengthen AI and Cloud Dominance [Yahoo! Finance]

Microsoft Corporation (MSFT)  More Company Research Source: Yahoo! Finance
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
According to the Information, which cites shareholders' messages, the startup sells software designed to enhance the efficiency of artificial intelligence models. OctoAI raised $132 million from investors, including Tiger Global, which was valued at $900 million in 2021. In March, OctoAI tapped Nvidia to usher in optimized generative AI models for enterprises OctoAI integrated NVIDIA NIM (which refers to inference microservices for accelerating the deployment of foundation models on any cloud or data center) into its generative AI platform to serve customer use cases, including language and image generation. Additionally, developers could experiment with inference-optimized models. Nvidia is up 163% in the last 12 months, as its Graphics Processing Units (GPUs) remain indispensable to Big Techs like Microsoft Corp (NASDAQ: MSFT Amazon.Com Inc (NASDAQ: AMZN Google parent Alphabet Inc's (NASDAQ: GOOG ) (NASDAQ: GOOGL ) dream of accomplishing its AI ambitions. Nvidia chief Jen [Read more]
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Stockreport

Nvidia Considers $165M OctoAI Acquisition, Aims to Strengthen AI and Cloud Dominance [Yahoo! Finance]

Microsoft Corporation  (MSFT) 
More Company Research Source: Yahoo! Finance
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
According to the Information, which cites shareholders' messages, the startup sells software designed to enhance the efficiency of artificial intelligence models. OctoAI raised $132 million from investors, including Tiger Global, which was valued at $900 million in 2021. In March, OctoAI tapped Nvidia to usher in optimized generative AI models for enterprises OctoAI integrated NVIDIA NIM (which refers to inference microservices for accelerating the deployment of foundation models on any cloud or data center) into its generative AI platform to serve customer use cases, including language and image generation. Additionally, developers could experiment with inference-optimized models. Nvidia is up 163% in the last 12 months, as its Graphics Processing Units (GPUs) remain indispensable to Big Techs like Microsoft Corp (NASDAQ: MSFT Amazon.Com Inc (NASDAQ: AMZN Google parent Alphabet Inc's (NASDAQ: GOOG ) (NASDAQ: GOOGL ) dream of accomplishing its AI ambitions. Nvidia chief Jen [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MSFT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS