NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

Nvidia, VMware release cloud software to court business customers

Published 26/08/2019, 17:16
Nvidia, VMware release cloud software to court business customers
AMZN
-
NVDA
-
VMW
-

By Stephen Nellis

(Reuters) - Chip supplier Nvidia Corp (O:NVDA) on Monday said it was teaming up with VMware Inc (N:VMW) and Amazon.com Inc's (O:AMZN) cloud division to court large businesses looking to host artificial intelligence programs in Amazon's cloud.

Nvidia got its start with chips to make computer games more realistic, but in recent years has shifted to supplying chips that speed up artificial intelligence tasks, such as teaching computers to recognise images. Once the domain of Silicon Valley tech firms, artificial intelligence technology is filtering to mainstream businesses that use it for tasks like seeking unseen patterns in their financials to help with forecasting and cost controls.

Many of those mainstream businesses use software made by VMware to help shuffle computing work back and forth between their own data centres and cloud data centres owned by Amazon Web Services, depending on where the cost is best. But that has been difficult to do with computer programs that rely on Nvidia chips for a speed boost.

On Monday, the companies said Nvidia intends to release a new piece of software called vComputeServer to address the issue and let their joint customers move Nvida-aided computing work around more easily. The companies did not say when the software would be released.

(This story has been refiled to correct "w" in VWware name to lower case in headline and lead.)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.