10 AI News and Ratings You Should Not Miss

2. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 193

NVIDIA Corporation (NASDAQ:NVDA) makes AI platforms for data centers, self-driving cars, robotics, and cloud computing.

On January 30, South China Morning Post reported that Chinese researchers at Shenzhen MSU-BIT University, in collaboration with Lomonosov Moscow State University and Beijing Institute of Technology, have developed a high-performance algorithm that boosts the speed of peridynamics simulations by 800 times compared to traditional methods. This new algorithm is optimized using Nvidia’s CUDA technology and it significantly boosts computational efficiency, which allows for faster simulations of material damage and fractures on low-cost, widely available GPUs.