15 AI News Updates Wall Street Is Monitoring

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4. NVIDIA Corporation (NASDAQ:NVDA

Number of Hedge Fund Holders: 193 

NVIDIA Corporation (NASDAQ:NVDA) provides graphics, computing and networking solutions. On November 25, news agency Reuters reported that the chipmaker had unveiled Fugatto, an AI model designed to modify voices and generate new sounds, aimed at music, film, and video game producers. Per the report, the AI model, which stands for Foundational Generative Audio Transformer Opus 1, can create sound effects and music from text descriptions. The ability to modify existing audio is said to set apart Fugatto. It can transform a piano line into a human voice or change the accent and mood of spoken words, the report claims.

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