TECH - CES 2024: NVIDIA Highlights New Products Video Game Automotive Partnerships Stock Hits All-Time Highs: What Investors Should Know | Benzinga
Technology company NVIDIA Corp (NASDAQ:NVDA) is one of many that will highlight upcoming product launches at the annual CES 2024 event in Las Vegas this week.
Here's a look at the highlights from Monday.
What Happened: Nvidia was one of the best-performing stocks of 2023, hitting a market capitalization of $1 trillion for the first time and posting a stock gain of more than 200%.
The company unveiled new products and partnerships at the annual Consumer Electronics Show, now known as CES, on Monday.
"Today, NVIDIA is at the center of the latest technology transformation: generative AI," GeForce at NVIDIA Senior Vice President Jeff Fisher said Monday.
Here's a look at some of Monday's announcements:
NVIDIA Ace: Nvidia highlighted its Avatar Cloud Engine (ACE) which can provide generative AI models for digital avatars. ACE AI models can run in the cloud or locally in the PC. Among the developers using ACE are video game companies NetEase, Tencent and Ubisoft.
"This is a milestone moment for AI in games," Tencent Games said in a press release. "Nvidia ACE and Tencent Games will help lay the foundation that will bring digital avatars with individual, lifelike personalities and interactions to video games."
Getty Images AI Collaboration: Content creator marketplace Getty Images Holdings (NYSE:GETY) is using NVIDIA Picasso for its new ...