11 Important AI News and Ratings for Investors

1. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 193

NVIDIA Corporation (NASDAQ:NVDA) is a leader in AI-driven solutions, providing advanced technologies for cloud-based computing, automotive systems, and data centers.

Nvidia and Apple have collaborated to strengthen large language model (LLM) inferencing using a method called Recurrent Drafter (ReDrafter). This approach, based on a recurrent neural network, combines beam search with dynamic tree attention to improve LLM token generation speed by up to 3.5 tokens per step for open-source models. Integrated into Nvidia’s TensorRT-LLM, ReDrafter has shown a 2.7x increase in token generation speed during testing on Nvidia GPUs, reducing latency and power consumption. The collaboration aims to enable developers to deploy sophisticated models with improved efficiency and performance.

Nvidia said in a blog post:

“This collaboration between NVIDIA and Apple, has made TensorRT-LLM more powerful and more flexible, enabling the LLM community to innovate more sophisticated models and easily deploy them with TensorRT-LLM to achieve unparalleled performance on NVIDIA GPUs. These new features open exciting possibilities, and we eagerly anticipate the next generation of advanced models from the community that leverage TensorRT-LLM capabilities, driving further improvements in LLM workloads.”

While we acknowledge the potential of NVIDIA Corporation (NASDAQ:NVDA) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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