• bitcoinBitcoin(BTC)$80,664.003.49%
  • ethereumEthereum(ETH)$2,429.395.78%
  • tetherTether(USDT)$1.000.06%
  • binancecoinBNB(BNB)$714.362.08%
  • rippleXRP(XRP)$1.313.06%
  • usd-coinUSDC(USDC)$1.000.04%
  • solanaSolana(SOL)$96.233.63%
  • tronTRON(TRX)$0.318713-0.93%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.051.53%
  • zcashZcash(ZEC)$1,321.833.79%
  • HyperliquidHyperliquid(HYPE)$83.43-1.60%
  • dogecoinDogecoin(DOGE)$0.0765372.55%
  • moneroMonero(XMR)$635.23-0.55%
  • USDSUSDS(USDS)$1.000.04%
  • whitebitWhiteBIT Coin(WBT)$78.064.20%
  • chainlinkChainlink(LINK)$11.544.51%
  • leo-tokenLEO Token(LEO)$9.360.57%
  • cardanoCardano(ADA)$0.1978554.01%
  • stellarStellar(XLM)$0.1679623.43%
  • bitcoin-cashBitcoin Cash(BCH)$284.463.47%
  • nearNEAR Protocol(NEAR)$4.031.85%
  • uniswapUniswap(UNI)$7.653.90%
  • daiDai(DAI)$1.000.04%
  • Ethena USDeEthena USDe(USDE)$1.000.06%
  • litecoinLitecoin(LTC)$55.922.92%
  • RainRain(RAIN)$0.005827-7.39%
  • CantonCanton(CC)$0.1027924.12%
  • avalanche-2Avalanche(AVAX)$8.772.92%
  • suiSui(SUI)$0.933.42%
  • USD1USD1(USD1)$1.000.01%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.17-0.26%
  • tether-goldTether Gold(XAUT)$4,106.112.55%
  • hedera-hashgraphHedera(HBAR)$0.0727213.99%
  • quant-networkQuant(QNT)$208.066.95%
  • Global DollarGlobal Dollar(USDG)$1.000.03%
  • shiba-inuShiba Inu(SHIB)$0.0000051.66%
  • BittensorBittensor(TAO)$235.373.44%
  • paypal-usdPayPal USD(PYUSD)$1.000.03%
  • crypto-com-chainCronos(CRO)$0.0522063.23%
  • Ripple USDRipple USD(RLUSD)$1.000.04%
  • EthenaEthena(ENA)$0.180296-1.36%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.150.04%
  • okbOKB(OKB)$111.743.32%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • pepePepe(PEPE)$0.0000050.20%
  • aaveAave(AAVE)$132.652.18%
  • OndoOndo(ONDO)$0.4084042.24%
  • Pump.funPump.fun(PUMP)$0.004329-0.43%
  • MemeCoreMemeCore(M)$0.84-1.49%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Nvidia’s latest AI offering could spark a custom model gold rush

July 24, 2024
in AI & Technology
Reading Time: 3 mins read
A A
Nvidia’s latest AI offering could spark a custom model gold rush
ShareShareShareShareShare

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More


Nvidia quietly unveiled its new AI Foundry service on Tuesday, aiming to help businesses create and deploy custom large language models tailored to their specific needs. The move signals Nvidia’s push to capture a larger share of the booming enterprise AI market.

YOU MAY ALSO LIKE

OpenAI’s Enterprise Sales Take Majority as Brockman Sees IPO Readiness – Unite.AI

Cat Wu to Lead Product Management for OpenAI’s Core Products – Unite.AI

The AI Foundry combines Nvidia’s hardware, software tools, and expertise to enable companies to develop customized versions of popular open-source models like Meta’s recently released Llama 3.1. This service arrives as businesses increasingly seek to harness the power of generative AI while maintaining control over their data and applications.

“This is really the moment we’ve been waiting for,” said Kari Briski, Nvidia’s VP of AI Software, in a call with VentureBeat. “Enterprises scrambled to learn about generative AI. But something else happened that was probably equally important: the availability of open models.”

Customization drives accuracy: How Nvidia’s AI Foundry boosts model performance

Nvidia’s new offering aims to simplify the complex process of adapting these open models for specific business use cases. The company claims significant improvements in model performance through customization. “We’ve seen almost a ten point increase in accuracy by simply customizing models,” Briski explained.

The AI Foundry service provides access to a vast array of pre-trained models, high-performance computing resources through Nvidia’s DGX Cloud, and NeMo toolkit for model customization and evaluation. Expert guidance from Nvidia’s AI specialists is also part of the package.

“We provide the infrastructure and the tools for other companies to develop and customize AI models,” Briski said. “Enterprises bring their data, we have DGX cloud that has capacity across many of our cloud partners.”

NIM: Nvidia’s unique approach to AI model deployment

Alongside the AI Foundry, Nvidia introduced NIM (Nvidia Inference Microservices), which packages customized models into containerized, API-accessible formats for easy deployment. This development represents a significant milestone for the company. “NIM is a model, a customized model and a container accessed by standard API,” Briski said. “This is the culmination of years of work and research that we’ve done.”

Industry analysts view this move as a strategic expansion of Nvidia’s AI offerings, potentially opening up new revenue streams beyond its core GPU business. The company is positioning itself as a full-stack AI solutions provider, not just a hardware manufacturer.

Enterprise AI adoption: Nvidia’s strategic bet on custom models

The timing of Nvidia’s announcement is particularly significant, happening the same day as Meta’s Llama 3.1 release and amid growing concerns about AI safety and governance. By offering a service that allows companies to create and control their own AI models, Nvidia may be tapping into a market of enterprises that want the benefits of advanced AI without the risks associated with using public, general-purpose models.

However, the long-term implications of widespread custom AI model deployment remain unclear. Potential challenges include fragmentation of AI capabilities across industries and the difficulty of maintaining consistent standards for AI safety and ethics.

As competition in the AI sector intensifies, Nvidia’s AI Foundry represents a significant bet on the future of enterprise AI adoption. The success of this gamble will largely depend on how effectively businesses can leverage these custom models to drive real-world value and innovation in their respective industries.

VB Daily

Stay in the know! Get the latest news in your inbox daily

By subscribing, you agree to VentureBeat’s Terms of Service.

Thanks for subscribing. Check out more VB newsletters here.

An error occured.

Credit: Source link
ShareTweetSendSharePin

Related Posts

OpenAI’s Enterprise Sales Take Majority as Brockman Sees IPO Readiness – Unite.AI
AI & Technology

OpenAI’s Enterprise Sales Take Majority as Brockman Sees IPO Readiness – Unite.AI

November 5, 2026
Cat Wu to Lead Product Management for OpenAI’s Core Products – Unite.AI
AI & Technology

Cat Wu to Lead Product Management for OpenAI’s Core Products – Unite.AI

November 5, 2026
Amodei Wins Dismissal of Direct Copyright Claim with Leave to Amend – Unite.AI
AI & Technology

Amodei Wins Dismissal of Direct Copyright Claim with Leave to Amend – Unite.AI

November 5, 2026
Snap Has More Than 30 Million Paid Subscribers Across Snapchat+ And Other Plans
AI & Technology

Snap Has More Than 30 Million Paid Subscribers Across Snapchat+ And Other Plans

November 4, 2026
Next Post
What to expect after the Dow Jones reached 40,000 for the first time

What to expect after the Dow Jones reached 40,000 for the first time

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Bahrain’s Mumtalakat, ARP Group Unveil AI-Driven Wholesale Bank Venture – Unite.AI

Bahrain’s Mumtalakat, ARP Group Unveil AI-Driven Wholesale Bank Venture – Unite.AI

November 1, 2026
DoorDash Acquires Instacart In  Billion Delivery Service Merger

DoorDash Acquires Instacart In $17 Billion Delivery Service Merger

October 29, 2026
Stock Yards Bancorp, Inc. (SYBT) Presents at 2026 Hovde Group Financial Services Conference – Slideshow

Stock Yards Bancorp, Inc. (SYBT) Presents at 2026 Hovde Group Financial Services Conference – Slideshow

November 5, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!