Breaking News
Get 40% Off 0
Is NVDA a 🟢 buy or 🔴 sell? Unlock Now

Nvidia collaborating with Alphabet spinoff on drug discovery tech - Bloomberg News

Published Nov 20, 2023 10:55AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters.

Investing.com -- Nvidia (NASDAQ:NVDA) is working with SandboxAQ, a startup spun off from Google-parent Alphabet (NASDAQ:GOOGL) last year, to expand the volume of chemical reactions that companies can simulate in order to help develop new materials for drugs and batteries, according to Bloomberg News.

Citing a statement from SandboxAQ Chairman Eric Schmidt, Bloomberg said that Nvidia's "accelerated computing and quantum platforms" will augment its own artificial intelligence simulation capabilities.

Schmidt added that this will "help enable the creation of new materials and chemical compounds that will transform industries and address some of the world’s biggest challenges," Bloomberg reported.

Along with cybersecurity services, SandboxAQ has said its software can also be employed to aid the development of drugs and materials.

SandboxAQ Chief Executive Officer Jack Hidary told Bloomberg that the company's collaboration with Nvidia -- and the AI chipmaker's powerful A100 and H200 graphics processors -- may yield applications in a range of fields like medicine, financial services and energy.

Earlier this year, Hidary told Reuters that AI chips have become powerful enough to compute some of the quantum algorithms that fuel SandboxAQ's software. The simulation does not currently need quantum computers to work, Hidary said to the news agency.

Quantum computers are powered by processors that are based on quantum physics, or the study of matter and energy on an extremely small scale. An error-free quantum computer, which would be capable of processing information millions of times quicker than even supercomputers, has yet to emerge despite recent investment from both companies and governments.

The report comes a day before Nvidia, which has become a focal point of a surge in enthusiasm over AI, is due to report its latest quarterly results. Shares in the semiconductor group were marginally higher in early U.S. trading on Monday.

Nvidia collaborating with Alphabet spinoff on drug discovery tech - Bloomberg News
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (2)
Jimmy Doodoo
JimmyD Nov 20, 2023 8:35PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Buy NVDA and ride it all the way to 600
Carl Tom
Carl Tom Nov 20, 2023 11:37AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Binggo
Marin Tsonev
Marin Tsonev Nov 20, 2023 11:37AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
not so fast
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email