Nvidia announces new ‘AI Foundations’ services

Nvidia (NVDA) announced a set of cloud services that it said "enable businesses to build, refine and operate custom large language models and generative AI models that are trained with their own proprietary data and created for their unique domain-specific tasks." Getty Images (GETY), Morningstar (MORN), Quantiphi and Shutterstock (SSTK) are among the companies that will be creating and using AI models, applications and services being built with the new NVIDIA AI Foundations services that span language, images, video and 3D, Nvidia stated. "Enterprises can use the NVIDIA NeMo language service and the NVIDIA Picasso image, video and 3D service to build proprietary, domain-specific, generative AI applications for intelligent chat and customer support, professional content creation, digital simulation and more. Separately, NVIDIA today also announced new models for the NVIDIA BioNeMo cloud service for biology," the company added.