NVDA - Beamr Stock Is Blasting Higher On Nvidia Collaboration | Benzinga
Beamr Imaging Ltd. (NASDAQ:BMR) shares are blasting higher Monday after the company announced it will present joint research relating to automated video modernization with Nvidia Corporation (NASDAQ:NVDA) at the ACM Mile-High-Video 2024 conference.
The Details:
Beamr and Nvidia will present research highlighting their collaboration in facilitating the transition to AOMedia Video 1 (AV1) adoption at scale. Beamr and Nvidia will describe an automated process to transfer video libraries and repositories into the emerging format by securing video quality with an optimized bitrate and using Nvidia’s hardware.
“Until today, adopting the upgraded video standard was a complex transition for two reasons – one, the new standard requires significantly more compute power and therefore comes at a very high cost; and two, the new standard requires a steep learning curve as it is difficult to figure out how much ...