DeFi Daily News
Tuesday, July 1, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home DeFi Metaverse

NVIDIA Excels in Q3 Earnings Call with Success of Omniverse Enterprise Virtual World – XR Today

Rory Greener by Rory Greener
October 21, 2024
in Metaverse
0 0
0
NVIDIA Excels in Q3 Earnings Call with Success of Omniverse Enterprise Virtual World – XR Today
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article

NVIDIA recently revealed its Q3 earnings, as compiled by Yahoo. Expectably, the firm continued ramping up revenue, which reached $18.1 billion, an uptick of 34% from the previous quarter and more than 200% year-on-year. The firm noted how products like the NVIDIA HGX platform drove Q3 performance.

The NVIDIA technology portfolio is incredibly deep, and the Q3 performance is based on many moving parts within that product portfolio, which reach an extensive list of end customers and partners.

Another area of success for NVIDIA in 2024 is its Omniverse platform, an ecosystem of RT3D, XR, and simulation technologies aiming to provide businesses with emerging AR/VR/MR support.

A core driver behind Omniverse is NVIDIA RTX, a workstation platform for “professional design, engineering, and simulation use cases and AI,” stated CFO Colette Kress during the earnings call. RTX is “emerging as a powerful demand driver,” Kress remarked.

During the NVIDIA Q3 earnings call, Kress explained that the RTX workstations allow enterprises to optimize AI for business workloads. On the XR side, the RTX product is helping to drive the RT3D simulation technology that empowers virtual workplace solutions.

Kress added:

We continue to make progress on Omniverse, our software platform for designing, building and operating 3D virtual worlds.

Kress also highlighted how clients like Mercedes-Benz use the Omniverse platform to leverage digital twins into their workloads to enhance planning, designing, building, and operating manufacturing/assembly facilities, “helping it increase efficiency and reduce defects.”

“Oxxon (ph) is also incorporating Omniverse into its manufacturing process, including end-to-end simulation for the entire robotics and automation pipeline, saving time and cost,” remarked Kress.

Kress also explained:

We announced two new Omniverse Cloud services for automotive digitalization available on Microsoft Azure, a virtual factory simulation engine and autonomous vehicle simulation engine.

More on Omniverse

2024 is just the start for Omniverse. At GTC earlier this year, the firm established a strong vision to bring simulation technology to various verticals, aiming to change the workplace alongside rich AI integration.

NVIDIA is helping enterprise clients leverage digital twins via RTX Enterprise Cloud Rendering. By leveraging the framework of cloud software and hardware components, NVIDIA ensures that enterprise clients can leverage digital twins on devices like the Apple Vision Pro without losing display or framerate quality.

Rev Lebaredian, the Vice President of Simulation at NVIDIA, explained at GTC:

Apple Vision Pro is the first untethered device which allows for enterprise customers to realize their work without compromise. We look forward to our customers having access to these amazing tools.

On the other hand, Vision Pro users can also leverage hybrid rendering routes. Giving clients a choice in how they interact with Omniverse content. As 2025 approaches, NVIDIA’s future will continue to look bright as revenue and investment in XR, AI, and other technologies increase.

For more trending news articles like this, check out DeFi Daily News.

Conclusion

In conclusion, NVIDIA’s Q3 earnings showcase the impressive growth and success the company has experienced, particularly in areas like the Omniverse platform and RTX technology. With a strong focus on innovation and providing cutting-edge solutions to its clients, NVIDIA continues to push the boundaries of what’s possible in the world of technology. As we look ahead to the future, it’s clear that NVIDIA’s trajectory is on an upward path, promising even more exciting developments and advancements in the years to come.



Source link

Tags: callEarningsEnterpriseExcelsNvidiaOmniversesuccessTodayVirtualWorld
ShareTweetShare
Previous Post

BREAKING: US allegedly behind Israel’s plans for Iran attack | LiveNOW from FOX

Next Post

Gold hits new all time high

Next Post
Gold hits new all time high

Gold hits new all time high

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title SEI Leads Crypto Market With 43% Weekly Surge – alt=

rewrite this title SEI Leads Crypto Market With 43% Weekly Surge – $0.5 Reclaim In The Horizon?

June 28, 2025
rewrite this title High Season, High Stakes: Navigating Summer Risks in Property Management

rewrite this title High Season, High Stakes: Navigating Summer Risks in Property Management

June 27, 2025
rewrite this title ‘FIFA Rivals’ Review: Should You Play This NFT Soccer Game? – Decrypt

rewrite this title ‘FIFA Rivals’ Review: Should You Play This NFT Soccer Game? – Decrypt

June 28, 2025
They’re Going ALL IN on Crypto: This is What Wall St is Buying!

They’re Going ALL IN on Crypto: This is What Wall St is Buying!

June 25, 2025
rewrite this title with good SEO Bitcoin Could Explode On Bessent’s 0 Billion Deregulation Shock

rewrite this title with good SEO Bitcoin Could Explode On Bessent’s $250 Billion Deregulation Shock

May 28, 2025
Rough N’ Rowdy 25 FREE PREVIEW | Watch 20 Fights + Ring Girl Contest TONIGHT

Rough N’ Rowdy 25 FREE PREVIEW | Watch 20 Fights + Ring Girl Contest TONIGHT

August 9, 2024
rewrite this title DOJ Charge Fake North Korean Devs ‘Embedding’ In Crypto Startups – Decrypt

rewrite this title DOJ Charge Fake North Korean Devs ‘Embedding’ In Crypto Startups – Decrypt

July 1, 2025
rewrite this title XRP Price Surges, Then Cools — Will Bulls Return for Round Two?

rewrite this title XRP Price Surges, Then Cools — Will Bulls Return for Round Two?

July 1, 2025
rewrite this title with good SEO Bold Brew: Spanish Coffee Giant OKs .17 Billion Bitcoin Strategy

rewrite this title with good SEO Bold Brew: Spanish Coffee Giant OKs $1.17 Billion Bitcoin Strategy

June 30, 2025
rewrite this title and make it good for SEOOil edges down on expectations of more OPEC+ supply, tariff fears

rewrite this title and make it good for SEOOil edges down on expectations of more OPEC+ supply, tariff fears

June 30, 2025
rewrite this title ChatGPT: Everything you need to know about the AI chatbot

rewrite this title ChatGPT: Everything you need to know about the AI chatbot

June 30, 2025
rewrite this title The Best Prime Day Travel Deals 2025 – NerdWallet

rewrite this title The Best Prime Day Travel Deals 2025 – NerdWallet

June 30, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.