New Delhi, July 30: NVIDIA has announced new software and microservices aimed at making it easier for businesses to adopt artificial intelligence (AI). The chipmaker has introduced NVIDIA Inference Microservices (NIMs), software packages to handle the logistical challenges involved in  to use AI for a specific purpose. As per reports, these new offerings were unveiled by NVIDIA's CEO, Jensen Huang, at the Siggraph conference in Denver.

As per a report of CNBC TV18, the software and services are part of its NVIDIA AI Enterprise product, which costs USD 4,500 per graphics processor used per year and works on NVIDIA hardware. The package includes comprehensive solutions for deploying generative AI at scale for developers to work seamlessly with NVIDIA hardware. Qualcomm Launches Snapdragon 4s Gen 2 Processor for Entry-Level 5G Smartphones.

As per multiple reports, NVIDIA has introduced NVIDIA NIM microservices for AI models. These microservices have various capabilities like generating OpenUSD language to answer user queries, applying materials to 3D objects, creating OpenUSD Python code and understanding 3D space and physics.

NVIDIA's NIMs offer a solution for developers looking to implement generative AI. The microservices will likely help to manage the complex integration of hardware, software and data required for AI applications. The company has made around 100 of these microservices available in preview and is now releasing the final versions of those microservices. Nvidia’s vice president of product management for AI and HPC software development kits, Kari Briski, said, “The Nvidia NIM is a comprehensive solution for deploying generative AI simplified for developers, but built for applications at scale.” Canva Acquires Leonardo.Ai, Expands AI Capabilities To Enhance Creative Tools for Over 190 Million Users.

Nvidia's chips have become important in the development of new systems that are used for artificial intelligence computing. The chips reportedly provide the necessary power and capabilities to handle complex tasks. The company’s revenue has already doubled in the past year and is reportedly set to double again in the current fiscal year, indicating a positive market response to its AI-focused strategies.

(The above story first appeared on LatestLY on Jul 30, 2024 07:59 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).