Latest news with #Omniverse
Bloomberg
28-05-2025
- Business
- Bloomberg
Analysis of Nvidia's First-Quarter Earnings
Nvidia wants to be seen as a one-stop-shop, particularly for companies developing robotaxis and humanoid robotics. The pitch is that it has three offerings in parallel: chips that go in to actual robots/robotaxis (called deployment at-the-edge), chips that go in to data centers to train core algorithms and then what it calls Omniverse that allows for simulation and synthetic data. This has started to resonate more with the investors I speak to on the show who see a broader set of end markets, beyond GenAI tools that are apps for consumers or enterprise applications.
Business Wire
20-05-2025
- Business
- Business Wire
Avalon Holographics Launches NOVAC — The World's First True Holographic Display
ST. JOHN'S, Newfoundland--(BUSINESS WIRE)--Today, Avalon Holographics releases NOVAC, the first commercially available, true holographic table display. For the first time, groups can visualize detailed holograms together, turning their 3D content into mechanisms for high-powered decision making without glasses, headsets or tracking systems that can leave them feeling worn out or nauseous. With the ability to leverage AI, digital twins and more, NOVAC is a powerful way to garner insights and create experiences that help people do more with their data. Avalon Holographics launches NOVAC, the first commercially available, true holographic table display delivering unparalleled real-time depth and accuracy without the stereoscopic tricks that limit experiences to a single person. Share Because NOVAC is a true holographic display, it can deliver unparalleled real-time depth and accuracy, without the stereoscopic tricks that limit experiences to a single person. Instead, multiple users can walk around the display at once, as they explore different perspectives, just like they would with a real object. This freedom encourages real-time collaboration that not only gets everyone from military commanders and doctors to factory executives on the same page, but helps them retain more information as they do it. 'If you can't see it, you might miss it,' says Wally Haas, President of Avalon Holographics. 'NOVAC gives decision makers all the visual information they need to make the right choice — in a format that is as easy as using a TV. Groups can now simulate scenarios, assess risks and adjust strategies on the fly, ensuring that everything from space missions to surgical training go off without a hitch.' NOVAC can be applied to any high-stakes environment where real-time insights are needed to gain confidence and clarity. With research funding from tier-1 contractors, NOVAC has already found success in the defense industry, where commanders are prioritizing next-gen visualization tools for situation awareness, mission planning, etc. Because NOVAC can also ingest nearly any 3D asset, it is primed for any industry utilizing digital twins. A recent Omniverse integration will make this technology instantly valuable to executives in manufacturing, automotive, robotics, aerospace operations and more, especially when paired with future voice command updates. With 61 patents and $65 million USD in funding, Avalon is at the nexus of three rapidly accelerating markets (holographics, digital twins and immersive experiences) which have projected growth rates between 25-40% over the next five years. As creator of the first commercially available true holographic display, Avalon is uniquely positioned to open up new opportunities in each, bringing holograms to a much wider audience. To build NOVAC's successor, Avalon is actively raising $50 million USD in additional investment to accelerate the transition from projector-based holography to OLED-based tiles. When available, these 6-inch flat tile panels can be linked together to make massive tables, walls and showroom displays at an accessible price point. Not only will this be effective for digital twin environments, but immersive brand experiences for theme parks, esports, retail and location-based entertainment. To see NOVAC in action, please contact the Avalon Holographics sales team for a personal demo. Availability NOVAC is available now and optimized for NVIDIA RTX GPUs, Windows and Linux. It offers seamless integration with Unreal Engine, Unity and key digital content creation applications, while also providing support for industry-standard file formats like OBJ, FBX, GLTF, 3DTiles, DICOM and GIS. About Avalon Holographics Avalon Holographics are the creators of NOVAC, the world's most advanced holographic display. The product of 61 patents, Avalon Holograms are designed to help decision makers solve high-consequence spatial problems together, without the negative physical effects that stifle most immersive technologies. Headquartered in St. John's, NL., Avalon's proprietary R&D is already laying the foundation for the wider adoption of holograms in everyday life.
Business Mayor
20-05-2025
- Business
- Business Mayor
Avalon Holographics launches true holographic display Novac
Avalon Holographics unveiled Novac, its first commercially available, true holographic table display. With it, groups can visualize detailed holograms together, turning their 3D content into mechanisms for high-powered decision making without glasses, headsets or tracking systems that can leave them feeling worn out or nauseous. With the ability to leverage AI, digital twins and more, Novac is a powerful way to garner insights and create experiences that help people do more with their data. Because Novac is a true holographic display, it can deliver unparalleled real-time depth and accuracy, without the stereoscopic tricks that limit experiences to a single person. Instead, multiple users can walk around the display at once, as they explore different perspectives, just like they would with a real object. This freedom encourages real-time collaboration that not only gets everyone from military commanders and doctors to factory executives on the same page, but helps them retain more information as they do it. 'If you can't see it, you might miss it,' said Wally Haas, president of Avalon Holographics in St. Johns, Newfoundland, Canada. 'Novac gives decision makers all the visual information they need to make the right choice — in a format that is as easy as using a TV. Groups can now simulate scenarios, assess risks and adjust strategies on the fly, ensuring that everything from space missions to surgical training go off without a hitch.' Avalon's view of how holograms work. Novac can be applied to any high-stakes environment where real-time insights are needed to gain confidence and clarity. With research funding from tier-1 contractors, Novac has already found success in the defense industry, where commanders are prioritizing next-gen visualization tools for situation awareness, mission planning, etc. Because Novac can also ingest nearly any 3D asset, it is primed for any industry utilizing digital twins. A recent Omniverse integration will make this technology instantly valuable to executives in manufacturing, automotive, robotics, aerospace operations and more, especially when paired with future voice command updates. Avalon Holographics team With 61 patents and $65 million in funding, Avalon is at the nexus of three rapidly accelerating markets (holographics, digital twins and immersive experiences) which have projected growth rates between 25-40% over the next five years. As creator of the first commercially available true holographic display, Avalon is uniquely positioned to open up new opportunities in each, bringing holograms to a much wider audience. To build Novac 's successor, Avalon is actively raising $50 million in additional investment to accelerate the transition from projector-based holography to OLED-based tiles. When available, these 6-inch flat tile panels can be linked together to make massive tables, walls and showroom displays at an accessible price point. Not only will this be effective for digital twin environments, but immersive brand experiences for theme parks, esports, retail and location-based entertainment. Novac is available now and optimized for Nvidia RTX GPUs, Windows and Linux. It offers seamless integration with Unreal Engine, Unity and key digital content creation applications, while also providing support for industry-standard file formats like OBJ, FBX, GLTF, 3DTiles, DICOM and GIS. Avalon Holographics concept art. Haas had a previous optical telecom startup Avalon Microelectronics, which he sold to Altera in 2010. He worked at Intel (which acquired Altera) for four years, and then he got interested in holographic displays, as he was inspired by the film Iron Man . He started Avalon Holographics in 2015. His new company has more than 100 people and it has more than 60 patents, with another 60 in the pipeline. 'I thought this was really something interesting, and then through the process of learning about holographics. We benefited from the experience that I had with optical telecom. It's taken us 10 years to get here, but we finally have this large holographic display, and we're just super excited to show it,' he said. Avalon Holographics president Wally Haas. As for the 10 years, he said, 'It's just been a bit of a journey.' The company created four holographic display prototypes so far, and sold them as research devices to groups such as the Canadian Armed Forces. 'This is our first full product, but the right way to think of it is just the first stepping stone on a long journey we're making,' he said. The company is raising money for a display that looks more like a flat panel, and it will be able to allow for larger tables, walls and immersive experiences full of holographic effects, like where part of the image appears to float in the air above the display. Hologram vision Rivals include Light Field Lab in San Jose, California. And some folks often disagree what the word 'hologram' really means. The name itself from the Greek means 'full information.' 'You put a beam on an emulsion, and you specify, you illuminate it and then the constructive phase creates an image. But human eyes don't determine phase. They only get color direction and intensity. So we are technically a light field display, but we are a holographic display, because hologram literally means full information,' Haas said. 'We are reproducing light the way that exists in the real world, and we are producing rays of light. So conceptually, we're moderately similar to Light Field Lab in the way that we are producing a real hologram.' He added that it is not auto stereoscopic. When you walk around the big black box, you can see different parts of the 3D image, so you can see that it is being rendered in 3D. 'We are producing rays of light, and you'll see in a second the we have five billion rays. That's by far the densest, the biggest holographic display ever made. But the way that you see light in the real world is light bounces off real objects and then comes in your eyes with a certain vector,' he said. 'We do the exact same thing, but the way that we produce the light is, instead of perfectly straight wavefronts, they're more like cones. And so as digital objects, either get too far in or too far out of the frame, they'll get a bit foggy. And because it's ray based, it only has a certain limited field of view, and so we can't see the hologram from this perspective, but as soon as you get up there it's super cool.' He showed me you can put your hand through the top of the hologram, above the glass cover (for protection) of the display. It was foggy and pixelated, but it was real 3D. Haas proved that to me by showing me two parking lots in a landscape. I could see that one of the lots was at a higher elevation, even when viewed from above. 'You get that spatial awareness in a situation that humans immediately understand. That proves that you're seeing a real light field,' Haas said. 'It proves that you're actually seeing something that is producing rays of light the way that a human body perceives it. This is the fourth one ever built. No one else can do this except a true holographic display. And that's one of the things that makes us really unique.' The device uses thousands and thousands of tiny projectors, manipulating light to make tiles, or little squares of the image. They put it through a custom optical system to produce the rays. It's a costly system now, but it will be reduced over time. The Novac system in front of me had 12 tiles, but I could not tell where the seams were, as it was all just one screen. The screen has about six to eight inches of depth. 'The Star Trek Holodeck is the vision, and these are just steps along the way,' he said. The current hardware runs at 30 frames a second now. But it pulls a lot of data from the internet. The Novac system supports photogrammetry software and Gaussian Splats, which help capture 3D spaces. It works with the open USD format pioneered by Pixar and supported by Nvidia's Omniverse. It works with Unreal and Unity as well. Haas showed another application that showed wireless network waves spreading across a city. You could tell where the waves hit obstacles like buildings or cliffs, resulting in lost signals in places like urban canyons. He also showed some images of MRI slices of a human body for medical applications, showing what someone's kidneys look like. The Novac system uses an RTX server — a three-rack system with eight graphics processing units (GPUs). The hardware specs include a 40-inch display, a resolution of 63,888 pixels x 69,696 pixels, and a display aspect ratio of 1:1 (square. It has 4.5 billion active pixels, a viewing angle of 74 degrees x 74 degrees and a total weight of 975 pounds. (So nope, it's not going to be a portable device). Read More The advantages of an anti-exec leadership team It's got the effect of a few thousand TVs, runs at 30 frames per second and processes five terabits per second of data. That is about a third of the average internet traffic in Canada, he said. The company designs its own chips to run the compressed algorithm and then the decompression processing. There is a lot of water cooling in the system. Haas thinks the machines will be able to be the heart of theme park rides in places like Disneyland, or enable precise digital twins via Nvidia's Omniverse. So it's likely to find high-end applications. The full Novac system, once funded, is expected to come out in four years and it will be 10 times better in performance and cost about 10% as much, Haas said. Within a decade, Haas hopes it will be prevalent within society. Asteroids on Avalon Holographics hardware. Haas invested $5 million of his own money into the company, and the firm raised another $40 million. Hardware is expensive, though, and so the company hopes to raise another $60 million. The defense application was interesting, where it showed an overhead view of a 3D space that captured an operations area. In it, there was a building that a number of military vehicles surrounded. The mission was to extract something from the building, and the vehicles left for extraction after that. The whole imagery was captured by drones with cameras. One of them is installed at a government lab, and another at a defense installation. There's also one at a hospital and one in Orlando at the University of Central Florida. The sharpness of the graphics and the richness of the colors wasn't there. You could see a screen-door effect on top of the pixelated images. But it was a hologram, as the image stuck out of the display into the air. Haas handed me an Xbox controller and then booted up the next app, which was a game. I played some Asteroids, a simple 2D game converted into a game with holograms. I had trouble figuring out how to fly in 3D, but it brought home the point of hologram gaming. I felt like I must have been one of the few people in history to play a hologram version of Asteroids.
Arabian Post
20-05-2025
- Health
- Arabian Post
Nurabot: Taiwan's AI Nurse Robot Eases Healthcare Strain
Taiwan's healthcare system is undergoing a significant transformation with the introduction of Nurabot, an AI-powered nursing assistant developed by Foxconn in collaboration with Kawasaki Heavy Industries. Designed to alleviate the workload of nursing staff, Nurabot is currently being trialed in several of Taiwan's leading hospitals, including Taichung Veterans General Hospital , Baishatun Tung Hospital, Mazu Hospital, and Cardinal Tien Hospital. Equipped with advanced real-time sensing capabilities, Nurabot performs tasks such as delivering medications, patrolling wards, and guiding visitors. According to Foxconn, the robot can reduce nurses' workloads by up to 30%, allowing them to focus more on direct patient care. Shu-Fang Liu, deputy director of the nursing department at TCVGH, noted that the integration of robotic assistants like Nurabot helps reduce physical fatigue among nurses by minimizing the need for repetitive tasks, such as multiple trips to supply rooms. Nurabot is part of a broader initiative by Foxconn to develop smart hospital tools using NVIDIA technology. This includes AI models for tracking patient vitals and digital twins for optimizing hospital design. The integration of these technologies begins at data centers where NVIDIA supercomputers train extensive AI models. Hospitals then test and train robots in virtual environments before deploying them in real-time scenarios, utilizing NVIDIA technologies like Jetson Orin, Holoscan, and the Omniverse platform. Taiwan's commitment to digital health transformation is further exemplified by the Ministry of Health and Welfare's establishment of three AI centers aimed at advancing e-health. These centers focus on responsible AI execution, clinical AI certification, and AI impact research. Sixteen hospitals have been selected as 'indicator hospitals' to test and demonstrate these technologies, including National Taiwan University Hospital and Chang Gung Memorial Hospital. See also Bitcoin Power Theft Ring Exposed in Terengganu Raids In addition to Nurabot, other AI-driven initiatives are being implemented across Taiwan's healthcare institutions. Chi Mei Medical Center has deployed AI copilots to assist doctors, nurses, and pharmacists. These AI systems have significantly reduced the time required for tasks such as medical report writing and documentation of bed transfers, allowing healthcare professionals to spend more quality time with patients. Dr. Chia-Te Liao, director of Chi Mei's Center for Empirical Evidence and Health Policy, emphasized that the AI copilots are designed to support, not replace, medical staff, aiming to improve work-life balance and patient care. At China Medical University Hospital , AI models have been integrated into clinical practice to enhance diagnostic accuracy and efficiency. For instance, an AI-powered 'intelligent antimicrobial system' has reduced patient mortality by 25%, antibiotic costs by 30%, and antibiotic use by 50%. These AI models, hosted on Microsoft's Azure cloud platform, assist in diagnosing diseases like cancer and Parkinson's, and in treating stroke and heart attack patients more promptly. The adoption of AI and robotics in Taiwan's healthcare system addresses challenges posed by an aging population and a shortage of nursing professionals. By integrating advanced technologies, hospitals aim to enhance patient care, improve operational efficiency, and ensure sustainable healthcare delivery. While initial resistance from medical staff regarding the adoption of AI tools was observed, ongoing education and demonstration of the benefits have facilitated smoother integration into daily workflows.
Yahoo
13-05-2025
- Business
- Yahoo
How NVDA, AAPL, and META Plan to Harness VR to Dominate the Future
Virtual reality (VR) isn't just a gamer's fantasy anymore. Its market hit $53 billion in 2024, and forecasts project a surge to $557 billion by 2034, driven by declining headset costs and expanding applications in enterprise, healthcare, and education. Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. As digital immersion reshapes industries, Nvidia (NVDA), Apple (AAPL), and Meta (META) are positioning themselves as VR's vanguard, each taking a distinct approach. Drawing from their latest earnings calls, commentary, and market developments, let's dissect their VR-focused investment cases, weighing their strengths and risks in this transformative sector going from niche to mainstream rather quickly. Nvidia doesn't produce VR headsets, but its GPUs are the beating heart of immersive experiences. The Blackwell architecture, which raked in $11 billion in its latest quarter, powers the high-fidelity rendering VR demands, from gaming to industrial simulations. In recent commentary, CEO Jensen Huang highlighted the Omniverse platform's role in 3D collaboration, noting its adoption by firms like Siemens (SIE) for virtual factory planning, a boon for VR content creators. The unique thing about Nvidia is that its strength lies in its indirect exposure. Supplying chips and software to VR developers sidesteps the consumer headset market's volatility. Of course, this broad focus means VR is just one slice of its $115 billion data center revenue. But that's good, seeing as Nvidia generates sizable revenues from its more stable divisions. It can afford to invest heavily into VR research like few else can, which could mean VR-sector dominance in the years (and tech wars) to come. Currently, the overwhelming majority of analysts are bullish on NVDA stock. The stock features a Strong Buy consensus rating based on 30 Buy, four Hold, and zero Sell ratings assigned in the past three months. NVDA's average price target of $168.60 implies a ~38% upside over the next twelve months. Apple's $3,500 'spatial computing' device, the Vision Pro, didn't initially perform well. However, it seems that Apple believes it will find success by targeting professionals over casual users. In a recent earnings call, CEO Tim Cook emphasized Apple's VR traction with enterprises, citing use cases like virtual surgical training and architectural design. For instance, at Stanford Medicine, surgeons have integrated Vision Pro for real-time data visualization during procedures, enhancing precision in complex surgeries. While VR's revenue contribution is small compared to the iPhone's $51 billion quarterly haul, Apple's ecosystem, which encourages integrating Vision with Mac and iPad workflows, could drive adoption. I appreciate that Apple is willing to return to the drawing board and pursue a leading position in the future consumer VR market. Its ~$100 billion in free annual cash flow provides a plentiful runway to refine its offerings in this growing market. There are 29 analysts offering price targets on AAPL stock via TipRanks. Today, the stock has a Moderate Buy consensus rating based on 17 Buy, eight Hold, and four Sell ratings over the past three months. At $228.65, AAPL's average price target implies a ~10% upside over the next twelve months. Meta's Quest headsets dominate consumer VR, but its Reality Labs division is a cash black hole. In its Q1 results, Meta revealed a $4.2 billion loss on $412 million in revenue, down 6% year-over-year, adding to $60 billion in losses since 2020. CEO Mark Zuckerberg called 2025 'pivotal,' touting AI features like real-time translation and tripling sales of Ray-Ban Meta glasses as steps toward a VR-infused future. However, we have no idea if and when Meta will be able to recoup its hefty investments in VR, let alone make great returns on them. Fortunately, Meta holds a strong advantage, leading the market with its developer-friendly ecosystem and accounting for three-quarters of all headset shipments in 2024 through its Quest lineup. The core revenue and operating profit from its Family of Apps are so significant ($41.4 billion and $21.8 billion, respectively, in Q1) that Reality Labs' heavy losses don't discourage investors regarding the tech giant's overall investment case. Meta Platforms is currently covered by 44 analysts on Wall Street, with a deeply bullish consensus. META stock carries a Strong Buy consensus rating, based on 41 Buys, two Holds, and just one Sell rating over the past three months. META's average price target of $693.51 implies almost 10% upside potential over the next twelve months. VR breaks the mold as the next wave in entertainment, tearing down the limits of flat screens and passive watching. At its full potential, VR could blur the line between observer and participant. As tech giants like NVDA, AAPL, and META are ploughing billions into developing the tech beyond its traditional gaming roots. As investment arrives from major tech companies and consumer interest increases, VR is certainly going mainstream, although the timeframe is in question. I would argue that Nvidia is the low-risk VR play powering the ecosystem without headset exposure, though its price reflects wider tech bets. Then you have Apple's Vision Pro, a premium, patient bet, with transformative potential but minimal short-term impact. Lastly, Meta's Quest leadership comes with steep losses but should offer the most significant upside if VR goes mainstream. With the market set to grow, each stock offers a distinct path and is worth considering if you want VR exposure. 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