Latest news with #NVIDIAGB300NVL72
Miami Herald
07-07-2025
- Business
- Miami Herald
Nvidia-backed stock sinks on unexpected deal
I am deeply skeptical about AI, but even more so about crypto. best explains it: "A thriving market for magic beans doesn't make the magic beanstalk real." That is not a random website, but one related to the Rust programming language, probably the most popular one used in crypto-related companies. Predicting the future of any tech bubble is difficult, but sometimes it isn't necessary. Related: Analysts raise Micron stock price target, send warning The key is having a flexible tech stack that enables the company to pivot quickly to another market. Just think of Nvidia, which used the gaming boom to switch to the crypto boom, to quickly switch to the artificial intelligence hype train. You can't be sure when the bubble will burst, but you must be ready. Nvidia isn't the only one that pivoted from crypto to AI. Another is Atlantic Crypto Corporation. It used to mine crypto before changing its name to Coreweave and switching to a cloud computing and AI training business. Erik Isakson/Tetra Images via Getty Images CoreWeave's (CRWV) business model allows businesses to remotely "rent" its Nvidia GPUs for AI training. Nvidia's reliance on CoreWeave cards is probably why Nvidia owns roughly 5% of CoreWeave. The relationship seems to give CoreWeave certain market privileges, so it wasn't surprising when CoreWeave announced on July 3 that it is the first AI cloud provider to deploy the latest NVIDIA GB300 NVL72 cards. Compared to the previous generation of NVIDIA Hopper architecture, the chips offer a huge performance and power efficiency jump for AI reasoning and agentic workloads. Related: Analyst sends Alphabet warning amid search market shakeup Growing demand for AI training led CoreWeave to expand its deal with OpenAI in Q1, bringing the total contract value to $15.9 billion. The company expects total revenue of $4.9 billion to $5.1 billion in 2025. However, capital expenditures could reach $23 billion. Bank of America analysts recently downgraded CoreWeave's stock rating, arguing there is less room for shares to head higher. CoreWeave announced on July 7 that it will acquire Core Scientific (CORZ) in an all-stock transaction. Core Scientific is another crypto mining company known for "digital mining at scale." So, perhaps merging with a company that offers AI training and has the same roots makes sense. The merger deal is valued at approximately $9 billion. CoreWeave argues the deal will help verticalize its data center footprint, ensuring additional revenue growth. More AI Stocks: Veteran fund manager raises eyebrows with latest Meta Platforms moveGoogle plans major AI shift after Meta's surprising $14 billion moveAnalysts revamp forecast for Nvidia-backed AI stock Core Scientific stockholders will receive 0.1235 newly issued shares of CoreWeave stock for each share of Core Scientific stock based on a fixed exchange ratio. If the deal gets finalized, CoreWeave expects Core Scientific's stockholders' ownership of the combined company to be less than 10%. CoreWeave will acquire 1.3 GW of gross power across Core Scientific's national data center footprint, with an incremental 1 GW+ of potential gross power available for expansion. Benefits of this deal include: Cost savings through streamlining business operations and eliminating lease control over the power footprint and possibility for future power of over $10 billion of cumulative future lease overhead to be paid for existing contractual sites over the next 12 to repurpose toward high-performance computing Because this deal is an all-stock transaction, it will dilute CoreWeave's existing shareholders by reducing their ownership percentage. Core Scientific shareholders will also hold a much smaller percentage of the combined company. CoreWeave and Core Scientific shares tumbled on the announcement. At last check, CRWV shares were trading 3% lower near $160, and CORZ 17% lower near $15. Related: Oracle CEO sends blunt 2-word message on its business The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Business Insider
03-07-2025
- Business
- Business Insider
AI Daily: Robinhood under pressure as OpenAI says tokens aren't equity
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this daily recap compiled by The Fly: Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. TOKENS NOT EQUITY: Shares of Robinhood (HOOD) were under pressure after Microsoft (MSFT)-backed OpenAI said its tokens aren't equity. In a post on X, OpenAINewsroom stated, 'These 'OpenAI tokens' are not OpenAI equity. We did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity requires our approval-we did not approve any transfer.' RECRUITMENT: Meta's (META) multimillion-dollar budget for recruiting top AI talent does not guarantee success, Saritha Rai and Haslinda Amin of Bloomberg reports, citing comments made by Helen Toner, a former OpenAI board member. The poaching of AI researcher from companies such as Microsoft-backed (MSFT) OpenAI and the debut of Meta's new Superintelligence group comes after the company developed a reputation for 'having a dysfunctional team,' Toner said in an interview. FIRST DEPLOYMENT: CoreWeave (CRWV) said in a blog post, 'At CoreWeave, we don't follow a traditional roadmap for building AI infrastructure. We're pioneering AI infrastructure while engineering faster and smarter. Building on our legacy as the first AI cloud provider to provide access to the NVIDIA (NVDA) HGX H100 system, NVIDIA H200, and NVIDIA GB200 NVL72, we continue to accelerate the pace of AI innovation with an industry-first bring-up of NVIDIA's latest cutting-edge platform, NVIDIA GB300 NVL72, which is housed within Dell 's (DELL) integrated rack scale system. The NVIDIA GB300 NVL72 represents a significant leap in performance for AI reasoning workloads, delivering up to a 10x boost in user responsiveness and a 5x improvement in throughput per watt compared to the previous generation NVIDIA Hopper architecture. That translates into a staggering 50x increase in output for reasoning model inference, empowering you to develop and deploy larger, more complex AI models that are exponentially faster than ever before… This first deployment of the NVIDIA GB300 NVL72 on CoreWeave's cloud is just the beginning of a much bigger story. As AI models continue to rapidly grow in size and complexity, the need for purpose-built AI infrastructure will only continue to grow at the same pace. We are excited to drive this transformation, empowering the planet's leading AI labs and enterprises to continuously push the boundaries of what's possible.'
Yahoo
01-07-2025
- Business
- Yahoo
Vertiv Moves Above 50 and 200-Day SMAs: Is the Stock a Smart Buy Now?
Vertiv VRT continues to demonstrate impressive upward momentum, consistently trading above its 200-day and 50-day simple moving averages (SMA), which are key indicators of price stability and long-term bullish trends. As of Monday, Vertiv was trading at $128.41, which surpassed both its 200-day SMA of $106.47 and 50-day SMA of $103.91, highlighting a continued uptrend. Image Source: Zacks Investment Research The technical strength, along with the stock's sustained momentum, reflects positive market sentiment and investor confidence in Vertiv's financial health and growth shares have gained 13% year to date, outperforming the broader Zacks Computer and Technology sector's increase of 6.1%. The Zacks Computers - IT Services industry declined 7.3% in the same time frame. VRT stock has also outperformed its closest peer, Eaton ETN, which is making strong efforts to advance its sustainable energy solutions and expand its market presence. Eaton shares have gained 7.6% in the year-to-date period. Vertiv is benefiting from an extensive product portfolio, which spans thermal systems, liquid cooling, UPS, switchgear, busbar and modular solutions, is noteworthy. In the trailing 12 months, organic orders grew approximately 20%, with a book-to-bill of 1.4 times for the first quarter of 2025, indicating a strong prospect. Backlog grew 10% sequentially and 25% year over year to $7.9 billion. Image Source: Zacks Investment Research Vertiv's partnership with NVIDIA NVDA is a key catalyst. In June 2025, the company announced its energy-efficient 142KW cooling and power reference architecture for the NVIDIA GB300 NVL72 platform. Vertiv solutions are available as SimReady 3D assets in the NVIDIA Omniverse Blueprint for AI factory design and expanding its portfolio with NVIDIA in May 2025, the company confirmed its alignment with NVIDIA's AI roadmap to deploy 800 VDC power architectures ahead of NVIDIA Kyber and Rubin Ultra platforms. Vertiv aims to stay one GPU generation ahead of NVIDIA, providing efficient and scalable power solutions for next-generation AI data centers. The partnership highlights Vertiv's commitment to supporting NVIDIA's evolving compute demands with advanced power and cooling infrastructure. Vertiv's rich partner base, which includes Ballard Power Systems, Compass Datacenters, NVIDIA, Intel, ZincFive, and Tecogen TGEN, is a key March 2025, Vertiv announced a collaboration with Tecogen to offer advanced natural gas-powered chiller technology to data centers worldwide. This technology addresses power constraints, enabling the deployment of AI at scale. Tecogen's proven 40-year expertise in clean energy solutions enhances Vertiv's portfolio of cooling solutions. For 2025, revenues are now expected to be between $9.325 billion and $9.575 billion. Organic net sales growth is likely to be between 16.5% and 19.5%.VRT expects 2025 non-GAAP earnings between $3.45 and $3.65 per share. Previously, revenues were projected between $9.125 billion and $9.275 billion for 2025. Organic net sales growth is expected to be between 15% and 17%. VRT projected 2025 non-GAAP earnings per share between $3.50 and $3.60. For second-quarter 2025, revenues are expected to be between $2.325 billion and $2.375 billion. Organic net sales are expected to increase in the 19% to 23% expects second-quarter 2025 non-GAAP earnings per share between 77 cents and 85 cents. The Zacks Consensus Estimate for Vertiv's second-quarter 2025 revenues is pegged at $2.27 billion, suggesting growth of 16.48% year over Zacks Consensus Estimate for second-quarter 2025 earnings is currently pegged at 82 cents per share, unchanged over the past 30 days. The figure indicates a year-over-year increase of 22.39%.The Zacks Consensus Estimate for Vertiv's 2025 revenues is pegged at $9.51 billion, suggesting growth of 18.71% year over Zacks Consensus Estimate for 2025 earnings is currently pegged at $3.55 per share, unchanged over the past 30 days. This indicates a 24.56% increase from the 2024 reported figure. Vertiv is currently overvalued, as suggested by a Value Score of terms of the trailing 12-month Price/Book, Vertiv is currently trading at 18.35X, compared with the broader Computer and Technology sector's 10.12X. Vertiv stock also trades at a higher P/B multiple compared to other industry peers, such as Eaton. At present, Eaton has a P/B multiple of 7.53X Image Source: Zacks Investment Research Vertiv is benefiting from its strong portfolio and rich partner base, which are driving order growth. These factors justify the company's premium valuation. Vertiv stock currently carries a Zacks Rank #2 (Buy) and has a Growth Score of A, a favorable combination that offers a strong investment opportunity, per the Zacks Proprietary methodology. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Eaton Corporation, PLC (ETN) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Tecogen Inc. (TGEN) : Free Stock Analysis Report Vertiv Holdings Co. (VRT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
Mid East Info
16-06-2025
- Business
- Mid East Info
Vertiv develops Energy-Efficient Cooling and Power Reference Architecture for the NVIDIA GB300 NVL72 Platform
Available as SimReady™ Assets in NVIDIA Omniverse Blueprint for AI Factory Design and Operations New design demonstrates end-to-end energy-efficient cooling and power to support densities up to 142kW per rack Vertiv (NYSE: VRT), a global leader in critical digital infrastructure, announced their energy-efficient 142kW cooling and power reference architecture for the NVIDIA GB300 NVL72 platform. In addition to fully integrated end-to-end cooling and power strategies for this next generation platform, the reference architecture unlocks a new era of infrastructure design by shifting from traditional buildouts. Vertiv solutions are available as SimReady™ 3D assets in the NVIDIA Omniverse Blueprint for AI factory design and operations. The reference architecture can be customized for bespoke data center designs to dramatically reduce planning times and reduce risk during the buildout process. Vertiv works with NVIDIA and its data center roadmaps, to develop AI infrastructure strategies and deployment-ready designs that anticipate increased rack power densities. For example, Vertiv is collaborating with NVIDIA to support 800 VDC data center power infrastructure for 1 MW IT racks and beyond, with Vertiv solutions available starting in 2026. 'Building upon our strong collaboration with NVIDIA and a shared vision to advance AI infrastructure, Vertiv is proud to release our comprehensive reference design and SimReady™ 3D assets for the NVIDIA GB300 NVL72 platform,' stated Scott Armul, executive vice president of global portfolio and business units at Vertiv. 'Vertiv solutions allow customers to not only scale faster, but to optimize their AI-focused data centers digitally before a single physical module is built.' 'By combining NVIDIA's advanced AI platforms with Vertiv's expertise in power and cooling infrastructure, we're enabling customers to deploy next-generation data centers that are more efficient, scalable, and ready for the most demanding AI workloads,' said Dion Harris, senior director of HPC and AI Infrastructure at NVIDIA. 'Together, we're helping organizations unlock new levels of performance and sustainability as they build the future of AI.' The reference architecture for NVIDIA GB300 NVL72 is part of the Vertiv™ 360AI infrastructure platform, designed to help customers navigate integrated solutions for powering and cooling AI workloads and other high-performance computing applications. Key benefits of Vertiv's reference architecture and SimReady™ 3D assets for the NVIDIA GB300 NVL72 design include: Simulation to Deployment in One Path: Leveraging NVIDIA Omniverse technologies in the architecture bridges physical and digital infrastructure, enabling real-time system-level collaboration across IT, facilities, and engineering teams – allowing customers to test, optimize and validate the design before a single component is built. Leveraging NVIDIA Omniverse technologies in the architecture bridges physical and digital infrastructure, enabling real-time system-level collaboration across IT, facilities, and engineering teams – allowing customers to test, optimize and validate the design before a single component is built. Built for the Age of AI Reasoning: Supporting rack densities up to 142kW, the reference architecture for NVIDIA GB300 NVL72 defines the new benchmark for accelerated infrastructure — engineered for AI factories at scale. Supporting rack densities up to 142kW, the reference architecture for NVIDIA GB300 NVL72 defines the new benchmark for accelerated infrastructure — engineered for AI factories at scale. Accelerated Performance, Scale, and Speed: Delivering 1.5x more AI performance, up to 50% faster on-site builds and in 30% less physical space, Vertiv's reference architecture for NVIDIA GB300 NVL72 enables customers to scale AI infrastructure with unprecedented agility and energy efficiency. Delivering 1.5x more AI performance, up to 50% faster on-site builds and in 30% less physical space, Vertiv's reference architecture for NVIDIA GB300 NVL72 enables customers to scale AI infrastructure with unprecedented agility and energy efficiency. Thermal Flexibility Meets Efficiency Gains: Liquid cooling-ready, supporting both air- and hybrid- cooled configurations, achieves up to 70% better annual energy efficiency allowed by higher water Liquid cooling-ready, supporting both air- and hybrid- cooled configurations, achieves up to 70% better annual energy efficiency allowed by higher water Design, Deploy, Operate – Globally: Backed by 4,000+ Vertiv field service engineers globally, Vertiv's reference architecture for GB300 NVL72 brings unmatched scalability, serviceability, and supply chain reliability to global AI rollouts. As global AI demand accelerates exponentially, Vertiv is constantly working to deliver critical energy-efficient cooling and power solutions, to enable AI-ready infrastructure to run the next generation of AI factories. To learn more, visit
Yahoo
13-06-2025
- Business
- Yahoo
ASUS Announces Key Milestone with Nebius and Showcases NVIDIA GB300 NVL72 System at GTC Paris 2025
Accelerating AI with scalable performance and next-gen infrastructure KEY POINTS Breakthrough compute: ASUS unveils NVIDIA® GB300 NVL72 AI Factory solutions to accelerate training and inference at scale Scalable AI partnership: ASUS and Nebius deepen collaboration to deliver next-gen, NVIDIA® Blackwell-accelerated infrastructure Compact power: New desktops bring petaflop-class performance and support for 200-billion parameter models to the developer's desk TAIPEI, June 13, 2025 /PRNewswire/ -- ASUS today joined GTC Paris at VivaTech 2025 as a Gold Sponsor, highlighting its latest portfolio of AI infrastructure solutions and reinforcing its commitment to advancing the AI Factory vision with a full range of NVIDIA® Blackwell Ultra solutions, delivering breakthrough performance from large-scale datacenter to personal desktop. ASUS is also excited to announce a transformative partnership milestone in its partnership with Nebius. Together, the two companies are enabling a new era of AI innovation built on NVIDIA's advanced platforms. Building on the success of the NVIDIA GB200 NVL72 platform deployment, ASUS and Nebius are now moving forward with strategic collaborations featuring the next-generation NVIDIA GB300 NVL72 platform. This ongoing initiative underscores ASUS's role as a key enabler in AI infrastructure, committed to delivering scalable, high-performance solutions that help enterprises accelerate AI adoption and innovation. Andrey Korolenko, Chief Product and Infrastructure Officer at Nebius said: "We have collaborated with ASUS for many years and appreciate its impressive capability to deliver swift and efficient solutions. ASUS not only delivers consistently against our exacting technical requirements, but also demonstrates deep professional expertise in building AI infrastructure. The company's forward-thinking approach and technical excellence have been a key enabler for our projects, and we look forward to working together to deliver the next generations of AI infrastructure." AI servers: Building NVIDIA AI Factories for enterprise Leading the charge in AI advancement, ASUS is driving scalable, agentic AI through increased token generation. At GTC Paris, ASUS will unveil its latest AI Factory infrastructure solutions built on NVIDIA RTX PRO Servers as well as the NVIDIA Grace Blackwell Ultra systems. The ASUS AI POD, built with the NVIDIA GB300 NVL72 system, delivers exceptional performance for complex AI inference tasks, making it ideal for advanced AI applications. Meanwhile, ASUS XA NB3I-E12, featuring the NVIDIA HGX B300 system, pushes the boundaries of AI computing with higher FLOPS and a massive 2.3TB of HBM3e memory — accelerating training and inference for large-scale models. To further address the growing demands of high-performance AI and HPC environments, ASUS introduced the new ESC8000A-E13P. This 4U NVIDIA MGX server supports up to eight NVIDIA RTX PRO 6000 Blackwell Server Edition GPUs, NVIDIA BlueField-3 DPUs, and NVIDIA ConnectX-8 SuperNICs with built-in PCIe® 6.0 switches, offering seamless integration, performance optimization, and scalability for modern data centers and agile IT deployments AI Inferencing: Enabling intelligent services at scale ASUS also unveiled powerful AI inference solutions, introducing a new lineup of workstations and a compact-sized supercomputer engineered to tackle today's most demanding workloads. Leading the range is the ExpertCenter Pro ET900N G3, the first system powered by the NVIDIA GB300 Grace Blackwell Ultra Superchip, with up to 784GB of large coherent memory. Another is the groundbreaking ASUS Ascent GX10, a compact AI supercomputer powered by the NVIDIA GB10 Grace Blackwell Superchip, that delivers 1,000 AI TOPS performance for demanding workloads. Equipped with a NVIDIA Blackwell GPU, 20-core Arm CPU, and 128GB of memory, it supports AI models up to 200-billion parameters, placing petaflop-scale inferencing capabilities on developers' desks. Designed from the ground up for AI, both products deliver exceptional performance for large-scale training and inference on a desktop. Combined with the NVIDIA AI software stack, it is purpose-built for teams that demand the best in AI development. ASUS: Proven expertise in AI infrastructure With server expertise dating back to 1995, ASUS delivers reliable, end-to-end infrastructure solutions —ranging from individual components to fully integrated systems — backed by world-class R&D and global manufacturing capabilities. Driven by the Ubiquitous AI, Incredible Possibilities vision, ASUS supports clients in accelerating their advancement in the global AI race. Through flexible customization, deep technical expertise, and a proven track record in deployment, ASUS empowers enterprises to scale AI initiatives with confidence and efficiency. AVAILABILITY & PRICING ASUS servers are available worldwide. Please visit for more ASUS infrastructure solutions or please contact your local ASUS representative for further information. About ASUS ASUS is a global technology leader that provides the world's most innovative and intuitive devices, components, and solutions to deliver incredible experiences that enhance the lives of people everywhere. With its team of 5,000 in-house R&D experts, the company is world-renowned for continuously reimagining today's technologies. Consistently ranked as one of Fortune's World's Most Admired Companies, ASUS is also committed to sustaining an incredible future. The goal is to create a net zero enterprise that helps drive the shift towards a circular economy, with a responsible supply chain creating shared value for every one of us. View original content to download multimedia: SOURCE ASUS Effettua l'accesso per consultare il tuo portafoglio
