💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Nvidia launches cloud-based research platform for 6G research and testing

Published 03/18/2024, 06:02 PM
Updated 03/18/2024, 06:11 PM
© Reuters. FILE PHOTO: The logo of NVIDIA as seen at its corporate headquarters in Santa Clara, California, in May of 2022. Courtesy NVIDIA/Handout via REUTERS/File Photo
NVDA
-

(Reuters) - Nvidia (NASDAQ:NVDA) on Monday unveiled an AI-powered software platform that allows research into 6G technology through simulating communications environments in the cloud.

The new technology for communications known as 6G - the successor to 5G - is expected to launch commercially around 2030.

Software and AI are increasingly deployed across the telecom sector, including in RAN (radio access network) hardware like base stations and antennas.

Nvidia's platform will include an app that simulates environments such as single cell towers or entire cities, allowing researchers and organisations to test 6G networks in real time.

Among the first adopters of the platform are Ansys (NASDAQ:ANSS), Nokia (HE:NOKIA), Samsung (KS:005930), SoftBank (TYO:9984) Corp, and Northeastern University in Boston, Nvidia said.

"The massive increase in connected devices and host of new applications in 6G will require a vast leap in wireless spectral efficiency in radio communications," said Ronnie Vasishta, senior vice president of telecom at Nvidia, in a statement.

Technology shares rose on Monday as investors geared up for Nvidia's global artificial intelligence conference for developers in San Jose, California.

© Reuters. FILE PHOTO: The logo of NVIDIA as seen at its corporate headquarters in Santa Clara, California, in May of 2022. Courtesy NVIDIA/Handout via REUTERS/File Photo

But European shares edged lower, led by a slump in the telecom sector. Gear maker Ericsson (BS:ERICAs) closed down 5.4% and peer Nokia fell 4%.

An analyst said that telecom gear suppliers are no longer the sole drivers in the mobile infrastructure market, and that they must partner with chip companies and cloud vendors.

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.