10 Trending AI News Updates on Investors’ Radar

2. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 193

NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services. On February 19, Nvidia announced the launch of Evo 2, a powerful new AI model built using NVIDIA DGX Cloud on Amazon Web Services (AWS). The company claims that Evo 2 is the largest publicly available AI model for genomic data, a foundational model that understands the genetic code for all domains of life.

The Evo 2 has been developed in a collaboration led by nonprofit biomedical research organization Arc Institute and Stanford University, and is available to global developers on the NVIDIA BioNeMo platform, including as an NVIDIA NIM microservice for easy, secure AI deployment. Building on its predecessor Evo 1, Evo 2 has been trained on an enormous dataset of nearly 9 trillion nucleotides which are the the building blocks that make up DNA or RNA. The model can predict genetic mutations and design new genomes, enabling researchers to predict the effects of all types of genetic mutations.

“Our development of Evo 1 and Evo 2 represents a key moment in the emerging field of generative biology, as the models have enabled machines to read, write and think in the language of nucleotides. Evo 2 has a generalist understanding of the tree of life that’s useful for a multitude of tasks, from predicting disease-causing mutations to designing potential code for artificial life. We’re excited to see what the research community builds on top of these foundation models.”

-Patrick Hsu, UC Berkeley assistant professor of bioengineering, Arc Institute co-founder and co-senior author.