Nvidia doubles down on software tools for crafting virtual worlds

- Advertisement -


Nov 9 (Businesshala) – Nvidia Corp (nvidia.o) on Tuesday released a set of tools for software developers intended to help them build “metaverses” of three-dimensional virtual worlds – and from Nvidia’s chips. Using a lot of computing power. Process.

- Advertisement -

At the company’s annual technology conference in Santa Clara, California, Nvidia released Omniverse Enterprise, starting at $9,000 per year and sold by partners such as Dell Technologies (DELL.N) and Lenovo Group Limited (0992.HK), who build. Powerful computing system with Nvidia chips for corporate customers.

- Advertisement -

Omniverse tools help different apps used to create three-dimensional worlds, such as software from Adobe Inc (ADBE.O), work better together when running on chips made by Nvidia.

In an interview with Businesshala, Richard Kerris, the Omniverse platform vice president at Nvidia, called it “the pipeline to the virtual world. That’s what we’ve built. And that’s what we’re building with all these partners.”

- Advertisement -

But right now, most of them are worlds away from flourishing and the tools are mostly being used by businesses.

Keris told Businesshala that Nvidia worked with more than 700 companies to test and develop the software, including telecommunications equipment maker Ericsson (ERICB.Cell) before rolling out physical trucks to install real-world antennas. Phone signal coverage.

Earlier this month, Wells Fargo analyst Aaron Rakers wrote that software and other tools for creating virtual worlds could be a $10 billion market opportunity for Nvidia over the next five years — notably for Meta Platform Inc (FB). .O), which was earlier a firm. Known as Facebook, enticing people to spend more time on what it calls the Metaverse.

Nvidia’s stock market value has soared $191 billion since Facebook’s capital spending announcement on October 25, a two-week gain that equals rival Intel’s entire market capitalization of $209 billion.

Reporting by Stephen Nellis in San Francisco; Editing by Dan Grebler

.

- Advertisement -

Stay on top - Get the daily news in your inbox

DMCA / Correction Notice

Recent Articles

Related Stories

Stay on top - Get the daily news in your inbox