Latest news with #GTCParis
Yahoo
6 days ago
- Business
- Yahoo
IQVIA Unveils New Custom AI Agents with NVIDIA
IQVIA Holdings Inc. (NYSE:IQV) is one of the most undervalued NYSE stocks to buy now. On June 11, IQVIA unveiled new custom-built AI agents at GTC Paris. These AI agents are developed in collaboration with NVIDIA Corp. (NASDAQ:NVDA) and are designed to streamline workflows and accelerate insights within the life sciences sector. The initiative represents an advancement in how IQVIA's Healthcare-grade AI platform uses agentic architectures to improve business processes and patient outcomes. The collaboration with NVIDIA involves using NVIDIA NIM Agent Blueprints for rapid development, NeMo Customizer for fine-tuning, and NeMo Guardrails for secure deployment of these AI agents. A researcher in a lab with a microscope examining a sample. The development builds upon a collaboration announced in January this year between IQVIA and NVIDIA. The initial partnership aimed to develop custom foundation models and agentic AI workflows to accelerate research, clinical development, and access to new treatments. Following GTC Paris, IQVIA plans to further explore the future of life sciences at its TechIQ 2025 conference. IQVIA Holdings Inc. (NYSE:IQV) provides clinical research services, commercial insights, and healthcare intelligence to the life sciences & healthcare industries in the Americas, Europe, Africa, and the Asia-Pacific. While we acknowledge the potential of IQV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
27-06-2025
- Business
- Yahoo
Nvidia's stark turnaround is being powered by robots, hyperscalers, and sovereign AI
Nvidia (NVDA) is riding a wave of AI enthusiasm that has sent its stock price soaring to new highs after being battered in the early part of the year on fears of new AI models out of China and tariff threats. On Friday, shares of Nvidia hit $157, up from $94 in April, marking a stunning turnaround for the world's leading AI chip company. The moves can be attributed to a number of factors turning in Nvidia's favor, including the successful ramp of the buildout of its Blackwell chip line, the explosion in interest around so-called sovereign AI, and the company's push into what it calls physical AI, or robotics. Nvidia's Blackwell ramp, the process of building out chips and increasing overall volume, has been a major win for the company. During its GTC Paris event earlier this month, Nvidia said it is now shipping 1,000 Grace Blackwell (GB200) server racks per week and is on track for its transition to its next-generation Blackwell Ultra-powered GB300 servers. Getting its chips and servers out the door as fast as possible has been key for Nvidia, especially after earlier delays as the company began to ramp production of Blackwell chips in late 2024. Nvidia said the GB300 line of chips will be able to slot directly into GB200 servers, which the company claims will make it easier for its customers to upgrade to its latest offerings. Nvidia also continues to benefit from the seemingly insatiable demand for its chips from hyperscalers, including Amazon (AMZN), Google (GOOG, GOOGL), Microsoft (MSFT), Meta (META), and xAI, among others. According to CFO Colette Kress, large cloud service providers accounted for just under 50% of the company's data center sales in its fiscal first quarter. And with hyperscalers expected to spend billions more on their AI buildouts in the coming months, there's little reason to believe that will slow down anytime soon. CEO Jensen Huang is also betting big on the idea of sovereign AI, or AI data centers built in specific countries to power their own AI needs. Huang was on hand during President Trump's visit to the Middle East in May, during which Trump announced that Saudi Arabia and the United Arab Emirates (UAE) will be able to purchase thousands of Nvidia chips for their data centers. One of those projects, the UAE's Project Stargate, could include 100,000 Nvidia GPUs, according to Reuters. Huang also touted sovereign AI plans for Europe during GTC Paris. "The company is establishing AI technology centers in Germany, Sweden, Italy, Spain, UK, and Finland, and working with regional cloud and telco partners in France, UK, and Germany to build new AI datacenters with [tens] of thousands of Grace Blackwell systems and GPUs," Bernstein analyst Stacy Rasgon wrote in an investor note following the event. "They are planning for 20 AI factories to be deployed in Europe, several at gigawatt scale, and sees European compute capacity growing by a factor of 10x over the next 2 years," Rasgon added. Huang and company also continue to push further into physical AI, with the CEO calling it a multitrillion-dollar opportunity. Physical AI is another way of referring to the software and computers needed to power things like humanoid robots and self-driving cars. Nvidia offers both chips and the training information needed to run robots in factories and has been working in the automotive industry for years on self-driving car technologies. But don't expect to have a robot walking around your home anytime soon. Those kinds of bipedal butlers are likely years away from being something you can grab at your local Best Buy. Importantly, Nvidia has managed to shake off fears over the Trump administration's ban on sales of its chips to China. Despite taking a hefty charge on canceled orders, Wall Street analysts are more upbeat on the issue now that the ban is official and they no longer have to question whether one is coming or not. After all, there's comfort in certainty. Of course, Nvidia still faces the prospect of competition from rivals like AMD (AMD). And its own customers, including Amazon, Google, and Microsoft, are building or currently using their own in-house chips to take on Nvidia's offerings, making for a more complicated relationship. For now, however, Nvidia is rolling into summer with the wind at its back. Email Daniel Howley at dhowley@ Follow him on X/Twitter at @DanielHowley. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
20-06-2025
- Business
- Business Insider
‘Don't Bet the Farm,' Says Analyst About Quantum Computing Stock (QUBT)
Just months after suggesting that the widespread adoption of quantum computing was still '15 to 20 years away,' Nvidia CEO Jensen Huang offered a much more optimistic outlook, sparking a rally in speculative quantum stocks, such as Quantum Computing, Inc. (QUBT). The tech pioneer is up 8.5% so far this week, with bullish sentiment at its peak. Confident Investing Starts Here: However, a deeper look reveals significant concerns about QUBT's financial position. And while the industry is making progress, scaling quantum systems to tackle real-world problems remains a massive challenge, particularly for a company of QUBT's size. Despite the broader enthusiasm for 'lifting all boats' in the sector, I remain bearish on QUBT. The Nvidia Effect: A CEO's Shifting Narrative Being the CEO of a major tech company comes with significant influence—something Nvidia's Jensen Huang demonstrated at the GTC Paris developer conference when he declared that 'quantum computing is reaching an inflection point.' While his remarks centered on Nvidia's own innovations—like CUDA-Q, which aims to integrate quantum capabilities with classical systems—his optimism could have ripple effects across the sector. Nvidia backed its words with action in March 2025 by launching a new quantum computing research lab in Boston, reinforcing its leadership in the space. Huang's bullish tone may inspire increased venture capital and R&D investment across the quantum ecosystem. However, skepticism persists. Many still view practical quantum applications as decades away, with the industry struggling to define clear, real-world use cases that outperform traditional supercomputers. Without a breakthrough and tangible return on investment (ROI), quantum computing remains a tough sell to potential customers seeking immediate, measurable benefits. Quantum Computing's Niche Technology Quantum Computing Inc. specializes in photonic, or light-based, quantum solutions, developing Quantum Processing Units (QPUs) designed to operate at room temperature and low power, features that could make the technology more accessible and cost-effective. However, the company's focus remains on niche applications, such as remote sensing and computational chemistry, which limits its current market reach. While progress is being made in identifying use cases where quantum systems may outperform classical supercomputers, practical, scalable, and commercially viable applications are still emerging. The technology faces persistent challenges, including qubit fragility, high error rates, and scalability limitations. These machines are highly specialized and complex, suited for addressing targeted, advanced problems, but are not yet ready for broad commercial deployment. Financials Tell A Different Story Quantum Computing's first-quarter 2025 earnings highlight just how early-stage its business remains. The company reported revenue of only $39,000—roughly equivalent to the median U.S. individual income—while operating expenses climbed to $8.3 million. A $23.6 million non-cash gain from the mark-to-market revaluation of its warrant liability resulted in a reported net income of $17 million. However, this masks the company's ongoing operational losses. On the operational front, the company completed construction of its Quantum Photonic Chip Foundry. It announced new partnerships, including a contract with NASA's Langley Research Center—a sign of growing institutional interest despite modest commercial traction so far. QUBT's Speculative Valuation Quantum Computing's ~$3 billion market cap, despite minimal revenue, highlights an apparent disconnect from fundamentals and suggests the stock is driven largely by speculation. While the company holds $166 million in cash and cash equivalents, providing it with some runway to develop its technology, its R&D budget is modest compared to that of deep-pocketed rivals like IBM, Google, Microsoft, and Nvidia. Importantly, this cash position was built primarily through dilutive stock offerings and private placements, underscoring its heavy reliance on external funding. Given these constraints, it's difficult to envision a near-term path where Quantum Computing scales its niche technology into a broadly commercial product in a way that meaningfully rewards shareholders. Is QUBT Stock a Buy, Hold, or Sell? Reflecting its speculative nature, Quantum Computing's analyst coverage is limited. Its Moderate Buy consensus rating is based on one Buy recommendation in the past three months. Its average price target of $14.00 implies a downside potential of ~27% over the next 12 months. Meanwhile, TipRanks AI assigns QUBT a Neutral rating and a price target of $22. It notes that Quantum Computing's strong balance sheet and Qatalyst software positions it favorably amid hardware advances and increasing demand. However, it also points out that QUBT sports a high valuation, especially in light of ongoing losses and minimal revenues. QUBT Remains a High-Risk Bet in a Competitive Field While quantum computing as a whole may be approaching an 'inflection point,' the outlook for pure-play firms like Quantum Computing Inc. remains highly speculative. With minimal revenue, the company is still far from its own inflection point, where its products gain broad commercial viability. Reaching that stage will likely require scientific breakthroughs and significant R&D investment, which Quantum Computing may struggle to match relative to well-funded giants like IBM. That said, growing industry momentum is a clear tailwind. Rising interest in the sector could lead to increased funding, larger contracts, and a stronger push toward practical applications. Quantum Computing's unique focus on room-temperature, low-power photonic quantum systems, along with its early, albeit modest, commercial traction, may appeal to risk-tolerant, long-term investors. Personally, I remain highly cautious. The company's weak financial performance, lofty valuation, and limited ability to compete with larger players make its long-term investment case difficult to justify at this stage.
Cision Canada
17-06-2025
- Business
- Cision Canada
VivaTech 2025: A record-setting edition with 180,000 visitors
14,000 startups 171 nationalities gathered at Porte de Versailles AI takes center stage with over 40% of exhibitors 640,000 business connections generated PARIS, June 17, 2025 /CNW/ -- VIVATECH IS ABOUT INNOVATION VivaTech 2025 was marked by more than 300 major announcements and launches, with artificial intelligence driving transformation across all industries. On the AI Avenue, startups like Unitree, Buddyo, Vrai AI, and Next showcased concrete AI applications across diverse sectors. Key highlights included the launch of Mistral Compute, a sovereign AI infrastructure designed for Europe, and NVIDIA's first-ever GTC Paris, hosted at VivaTech. VIVATECH IS ABOUT ENTREPRENEURSHIP More than 14,000 startups took part in the event, generating hundreds of thousands of business connections across 30+ industries. Over 3,600 international investors joined the show to discover the next unicorns and help scale the most promising innovations worldwide. VIVATECH IS ABOUT INSPIRATION This year's edition featured over 450 speakers, including Jensen Huang (NVIDIA), Arthur Mensch (Mistral AI), Emmanuel Macron, Joe Tsai (Alibaba), Yann Le Cun (Meta), Sarah Friar (OpenAI), Thomas Wolf (Hugging Face), Mike Krieger (Anthropic), Pascal Gauthier (Ledger), Nobel Laureate Alain Aspect, Fidji Simo (Instacart), Maya Rogers (Tetris), Cliff Obrecht (Canva), and Clara Chappaz, French Minister for AI and Digital Affairs. VIVATECH IS ABOUT GLOBAL COOPERATION With 171 nationalities and more than 120 countries represented, VivaTech once again proved its global dimension. Over 50 national pavilions were present, a 20% increase compared to 2024. Delegations from the Americas, Europe, Africa, and Asia enriched the event's diversity, with strong representation from Africa and the European tech ecosystem. VIVATECH IS ABOUT IMPACT AND INCLUSION The first Global Awards Ceremony, held in partnership with TechCrunch, celebrated game-changing impact initiatives. The Female Founder Challenge honored Hélène Briand (Verley). The Tech for Change Award was presented to Genesis for its work on soil health. The AfricaTech Awards highlighted three standout startups, with taking the top prize. The Impact Bridge, powered by EDF, featured 1,500 m² of sustainable innovation showcases.
Mint
17-06-2025
- Business
- Mint
Nvidia share price 3% away from record high. Will it climb to a new peak?
Nvidia shares rose 2 per cent on Monday on Wall Street, bringing the AI chip leader close to its record high after a strong rebound over the last two months. The company's momentum remains strong, driven by robust demand for its advanced AI chips from major cloud providers and international markets developing their own national AI infrastructures. Nvidia shares ended the day at $144.69 on Wall Street, roughly 3% below all-time closing high. The recent surge follows Nvidia's GTC Paris event held last week in the French capital, where CEO Jensen Huang also made an appearance at the Viva Technology conference. According to media reports, the company is also facing the consequences of the Trump administration's ban on selling its chips to China. In its latest earnings report, Nvidia disclosed a $4.5 billion loss linked to the ban and expects to incur a further $8 billion write-down in the current quarter. Nvidia has announced its first-quarter results, reporting revenue of $44.1 billion for the period ending April 2025 — marking a 12% increase from the previous quarter and a significant 69% surge compared to the same period last year. Wall Street began the week on a positive note Monday, rebounding after last week's steep decline. Investor sentiment was lifted by growing optimism over a possible resolution to the recent Israel-Iran tensions. The Dow Jones Industrial Average advanced 248 points (0.6%), the S&P 500 added 0.7%, while the Nasdaq Composite, dominated by tech stocks, outperformed with a gain of nearly 1%. According to Anshul Jain, Head of Research at Lakshmishree Investments, a breach and sustain above 154 will trigger a fresh rally in Nividia share price. 'Nvidia share price has formed a 35-week double bottom base with a neckline placed at 153.11. The stock has rallied for 11 straight weeks, approaching the breakout point with strong momentum. However, a 4–8 week consolidation near the pivot is expected before a sustainable breakout,' Jain said. Jain further added, ' A breach and sustain above 154 will trigger a fresh rally, initially targeting 175, with bulls eventually eyeing 190 as the final target. Watch for volume confirmation on the breakout.' Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
