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PARIS - Siemens AG and NVIDIA announced Wednesday an expansion of their partnership aimed at accelerating industrial AI adoption and factory automation across global manufacturing. NVIDIA, a prominent player in the Semiconductors industry with an impressive market capitalization of $3.51 trillion, has demonstrated remarkable growth with revenue increasing 86.17% over the last twelve months.
The collaboration will connect NVIDIA’s AI and accelerated computing capabilities with Siemens’ Xcelerator platform to develop AI-powered technologies for next-generation factory automation, according to a press release statement. InvestingPro analysis shows NVIDIA maintains excellent financial health with strong cash flows and moderate debt levels, positioning it well for such strategic partnerships.
"AI is fundamentally transforming manufacturing and infrastructure," said Roland Busch, president and CEO of Siemens AG. "Together, Siemens and NVIDIA are now empowering companies across every industry to unlock the scaled impact of AI in the physical world."
The expanded partnership builds on their initial 2022 collaboration that connected Siemens Xcelerator portfolio to the NVIDIA Omniverse platform.
Key developments include Siemens’ new line of Industrial PCs certified for NVIDIA GPUs, which can withstand harsh factory conditions while delivering 25x acceleration in AI execution. The companies are also integrating NVIDIA technology throughout the Siemens Xcelerator platform.
BMW Group and Siemens achieved a 30x speedup for vehicle aerodynamics simulations using Simcenter Star-CCM+ software accelerated by NVIDIA Blackwell and CUDA-X libraries, reducing energy consumption and costs.
Additionally, Siemens’ Industrial Copilot for Operations, which will run on NVIDIA RTX PRO 6000 Blackwell Server Edition GPUs, reportedly saves 30% of reactive maintenance time by providing AI-powered assistance for shopfloor operations.
The companies are also working on industrial cybersecurity solutions by integrating NVIDIA BlueField DPUs into Siemens systems.
Siemens AG (Berlin and Munich) reported revenue of €75.9 billion and net income of €9.0 billion for fiscal 2024, which ended September 30. NVIDIA trades on NASDAQ under the ticker NVDA. According to InvestingPro, NVIDIA’s stock is currently trading near its 52-week high, with technical indicators suggesting overbought conditions. Investors seeking detailed analysis can access comprehensive Pro Research Reports covering 1,400+ top stocks, including NVIDIA, exclusively on InvestingPro.
In other recent news, NVIDIA announced the expansion of its DGX Cloud Lepton AI platform, which now includes additional cloud providers such as Mistral AI, Nebius, and AWS. This expansion aims to enhance regional access to high-performance computing resources for developers working on AI applications. NVIDIA CEO Jensen Huang also highlighted that Europe’s AI computing capacity is set to grow tenfold in two years, with the company building AI technology centers in seven European countries. In collaboration with European and Middle Eastern partners, NVIDIA is optimizing sovereign large language models to reflect local languages and cultures. These models will be available on platforms like Perplexity, supporting over 150 million questions weekly. European nations, including France and the UK, are partnering with NVIDIA to build AI infrastructure using Blackwell technology, enhancing digital sovereignty across the continent. Furthermore, NVIDIA has teamed up with L’Oréal to expand AI capabilities in areas like AI-generated advertisements and product recommendations. This partnership will utilize NVIDIA’s AI Enterprise platform to improve the speed, accuracy, and security of L’Oréal’s AI systems.
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