Shares of video optimization technology and solutions company Beamr Imaging Ltd (NASDAQ:BMR) are trading higher Tuesday after rallying more than 370% on Monday. Here’s a look at what’s going on.
What To Know: Beamr on Monday announced that it will present joint research related to automated video modernization with Nvidia Corp (NASDAQ:NVDA). The information is being presented at the ACM Mile-High-Video 2024 conference, which kicked off this week.
Beamr and Nvidia are offering a proposed solution to the challenge of slow adoption for AOMedia Video 1 (AV1), an efficient emerging video format, that aims ...