Latest news with #NVIDIATensorRT
Yahoo
11 hours ago
- Business
- Yahoo
Perfect Corp. (PERF) Partners with NVIDIA to Enhance AI Beauty and Fashion Solutions
Perfect Corp. (NYSE:PERF) is one of the 7 most popular AI penny stocks under $5 to avoid. On June 11, Perfect revealed a 'groundbreaking' partnership with Nvidia (NASDAQ:NVDA) to enhance its suite of next-generation beauty and fashion technology solutions. Specifically, Perfect will integrate Nvidia's AI and accelerate computing platforms into its products. According to Perfect, this integration will help to deliver hyper-personalized experiences with unparalleled realism, accuracy, and speed in the beauty and fashion industries. A fashion model in a stunning and stylish outfit leveraging augmented reality beauty and fashion tech. Perfect's AI Skincare solution uses deep-learning AI models trained on over 70,000 medical-grade images to detect up to 15 skin conditions in real time. It is optimized with NVIDIA TensorRT for lightning-fast runtime performance. On the other hand, YouCam Online Editor offers Generative AI features, including AI Hairstyle Generation and AI Video Face Swap. This, too, leverages NVIDIA TensorRT, which optimizes generative diffusion models for real-time creation of personalized hairstyles, face swaps, and clothing try-ons. Thus, integrating Nvidia's technology into the solutions addresses several critical challenges. The main ones are achieving true-to-life color representation and adapting to diverse skin tones and types. Perfect Corp. (NYSE:PERF) is an AI and augmented reality software company headquartered in New Taipei City, Taiwan. The firm creates digital solutions for the beauty, fashion, and skincare industries. Its key products include the YouCam app suite and the WANNA virtual try-on platform. While we acknowledge the potential of PERF as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Goldman Sachs China Stocks: 10 Stocks to Buy and 10 Undervalued Blue Chip Stocks Analysts Recommend for Smart Investing. Disclosure: None.
Business Wire
11-06-2025
- Business
- Business Wire
Perfect Corp. Powers Suite of Next-Gen Beauty & Fashion Tech Solutions with NVIDIA Accelerated Computing
NEW YORK--(BUSINESS WIRE)-- Perfect Corp., the leading AI and AR beauty and fashion technology provider and developer of 'Beautiful AI' solutions, proudly announces its groundbreaking integration with NVIDIA technology to supercharge its innovative offerings. By leveraging NVIDIA's cutting-edge accelerated computing and AI platforms, Perfect Corp. is redefining the beauty and fashion industries, delivering hyper-personalized experiences with unparalleled realism, accuracy, and speed. AI and AR are rapidly transforming how consumers discover, try, and purchase beauty and fashion products. Customers often struggle with the uncertainty of online shopping, leading to high return rates and diminished satisfaction. Perfect Corp.'s solutions bridge the gap between the digital and physical worlds to directly tackle these pain points. These tools empower consumers to make confident purchasing decisions through virtual try-ons and AI-enabled recommendations, significantly boosting consumer confidence and, in turn, delivering a substantial return on investment for retailers through reduced returns and increased sales conversions. This collaboration with NVIDIA addresses the critical challenges of achieving true-to-life color representation, adapting to diverse skin tones and skin types, and ensuring seamless real-time performance—all enabled by advancements in GPU-accelerated and AI-driven technologies. Perfect AI Skin Analysis Made Possible With NVIDIA TensorRT Perfect Corp.'s suite of generative AI-powered beauty tech applications includes the revolutionary AI Skincare, specializing in real-time skin analysis and AI Skin Type Test. By analyzing high-resolution images using deep learning AI models trained on over 70,000 medical-grade images, Perfect Corp. can accurately detect up to 15 skin conditions in real-time. Optimized with NVIDIA TensorRT, these AI models achieve lightning-fast runtime performance, enabling quick and precise skincare product and routine recommendations. Generative AI Masterpieces: From Stunning Hairstyles to Intricate Fashion with Unmatched Speed Perfect Corp.'s YouCam Online Editor offers a suite of Generative AI features, including the wildly popular AI Hairstyle Generation and AI Video Face Swap. Leveraging generative diffusion models optimized by NVIDIA TensorRT, these tools enable real-time creation of personalized hairstyles, face swaps and clothing try-ons, allowing users to transform their photos, easily swapping faces, changing clothing and adding different haircuts in images for fun, creative edits based on user input. Furthermore, developers can seamlessly integrate these cutting-edge features into their own applications via intuitive APIs. In the realm of online video editing, responsiveness is paramount. NVIDIA Video Codec SDK (NVENC) plays a crucial role in Perfect Corp.'s AI Video Face Swap by offloading video encoding tasks to dedicated GPU hardware. This significantly accelerates the encoding process, resulting in blazingly fast feature response, instant playback, high-quality exports, and seamless real-time collaboration—essential for today's dynamic content creators. Driving the Future of Beauty and Fashion Retail Perfect Corp.'s integration of NVIDIA AI signifies a major leap forward in the beauty and fashion tech landscape. By building its products with NVIDIA GPU-accelerated AI and AR technologies, Perfect Corp. is delivering unprecedented levels of personalization, realism, and performance, ultimately redefining the digital shopping experience for consumers globally. "We pioneer sustainable, high-touch, AI and AR-powered omnichannel beauty and fashion tech solutions that empower brands to enrich their relationships with customers," said Alice Chang, CEO and Founder of Perfect Corp. "Our collaboration with NVIDIA is a pivotal step in pushing the boundaries of what's possible in beauty and fashion tech, allowing us to deliver even more immersive and personalized experiences to consumers worldwide.' Discover Perfect Corp.'s suite of business solutions here: Get started with NVIDIA TensorRT here: Explore the NVIDIA Video Codec SDK: About Perfect Corp. Perfect Corp. (NYSE: PERF) leverages 'Beautiful AI' innovations to make our world more beautiful. As a pioneer and leader in the space, Perfect Corp. works with over 600 partners around the globe to empower brands to embrace the digital-first world by transforming shopping journeys through digital tech innovations. Perfect Corp.'s suite of enterprise solutions deliver synergistic, technology-driven experiences that facilitate sustainable, ultra-personalized, and engaging shopping journeys through hyper-realistic virtual try-ons, AI-powered skin analyses, personalized product recommendation tools and many more Beautiful AI innovations.
Business Wire
06-05-2025
- Automotive
- Business Wire
Ouster BlueCity Brings Physical AI to Smart Cities with NVIDIA for Reduced Traffic Congestion and Improved Roadway Safety
SAN FRANCISCO--(BUSINESS WIRE)-- Ouster, Inc. (Nasdaq: OUST) ('Ouster' or the 'Company'), a leading global provider of high-performance lidar sensors and software solutions, today announced a major software development milestone for Ouster BlueCity, its turnkey traffic management solution. As a part of the NVIDIA Metropolis ecosystem, Ouster BlueCity's proprietary deep learning perception model has been trained on 4 million labeled objects collected from 800 sites encompassing diverse traffic patterns, intersection designs, and environmental conditions using NVIDIA TensorRT and Jetson edge AI platform. At the core of Ouster BlueCity is Ouster's proprietary perception software that utilizes a deep neural network (DNN) to detect, classify, and track objects and trajectory data of multimodal road users. Ouster BlueCity's DNN runs on NVIDIA Jetson AGX Orin and NVIDIA Orin NX system-on-modules for real-time inference on the edge, bringing physical AI to smart city traffic systems around the world. The Company's deep learning model is developed in-house and further validated against manually annotated lidar data for accuracy. With NVIDIA's high-performance accelerated computing technology, Ouster BlueCity's edge devices can process vast amounts of 3D lidar data in real time –delivering low-latency object detection, classification, and tracking, as well as supporting V2X communications and other intelligent transportation system (ITS) applications to improve signal timings, reduce congestion and increase safety for all road users. This approach offers significant advantages over classical algorithms, including improved generalization, greater scalability, reduced computational resources and real-time processing without the need for calibration. 'Ouster BlueCity is a prime example of how we are working to solve important real-world problems with physical AI,' said Ouster CEO Angus Pacala. 'Powered by the NVIDIA Jetson Platform, Ouster BlueCity combines digital lidar with real-time perception to improve traffic management and road safety for all road users. In 2024, Ouster closed deals to expand the adoption of Ouster BlueCity to over 400 sites globally, including the largest lidar-powered smart traffic network in the United States in Chattanooga, Tennessee. With millions of intersections around the world, the Company sees a massive opportunity to improve transportation safety and reduce traffic congestion with the Ouster BlueCity. For more information on Ouster's AI capabilities, read Ouster's latest blog here. About Ouster Ouster (Nasdaq: OUST) is a leading global provider of high-resolution lidar sensors and software solutions for the automotive, industrial, robotics, and smart infrastructure industries. Ouster is on a mission to build a safer and more sustainable future by offering affordable, high-performance sensors that drive mass adoption across a wide variety of applications. Ouster is headquartered in San Francisco, CA with offices in the Americas, Europe, and Asia-Pacific. For more information about our products, visit contact our sales team, or connect with us on X or LinkedIn. Forward Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are based upon current plans, estimates and expectations of management that are subject to various risks and uncertainties that could cause actual results to differ materially from such statements. The inclusion of forward-looking statements should not be regarded as a representation that such plans, estimates and expectations will be achieved. Words such as 'expect,' 'will', 'may,' 'anticipate,' 'intend,' 'should,' 'plan,' 'can,' 'could,' 'offer,' 'estimate,' 'possible,' 'potential,' 'pursue,' 'demonstrate,' and the negative of these terms and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. All statements, other than historical facts, including statements regarding the capabilities of Ouster's products including the opportunity to improve transportation safety and reduce traffic congestion with Ouster BlueCity, uses for physical AI, future growth opportunities and competitive position, all constitute forward-looking statements. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that we expected, including, but not limited to, the possibility of cancellation or postponement of contracts or unsuccessful implementations; risks related to the adoption of its products and the growth of the lidar market generally, inaccurate forecasts of market growth; Ouster's ability to respond to evolving regulations and standards; and other important risk factors discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, as may be further updated from time to time in the Company's other filings with the SEC. Readers are urged to consider these factors carefully and in the totality of the circumstances when evaluating these forward-looking statements, and not to place undue reliance on any of them. Any such forward-looking statements represent management's reasonable estimates and beliefs as of the date of this press release. While Ouster may elect to update such forward-looking statements at some point in the future, it disclaims any obligation to do so, other than as may be required by law, even if subsequent events cause its views to change.
