Shares of Nokia Corp (ADR) (NYSE:NOK) ended Monday session in red amid volatile trading. The shares closed down -0.05 points or -0.88% at $5.62 with 5.83 million shares getting traded. Post opening the session at $5.61, the shares hit an intraday low of $5.61 and an intraday high of $5.65 and the price vacillated in this range throughout the day. The company has a market cap of $32.34 billion and the numbers of outstanding shares have been calculated to be 5.77 billion shares.
On Sept. 27, 2016 Nokia is expanding its exclusive partnership with China Unicom for the high-end core router CR-B for three continuous years with its large-capacity core router platform – the 7950 Extensible Routing System (XRS). China Unicom selected the 7950 XRS family to build a more intelligent, flexible and scalable core network with the ability to meet future capacity demands and support the country’s national broadband plan.
China Unicom initially deployed the 7950 XRS into metro networks in six provinces – Beijing, Shandong, Jiangsu, Jiangxi, Inner Mongolia and Qinghai – and this year plans to scale out to an additional four including Heilongjiang, Henan, Zhejiang and Hunan to improve speed and response times for the fixed and mobile broadband subscribers.
In 2013 China launched its Broadband China initiative to invest $182 billion to boost the speed and quality of Internet services across the country. The aim is to reduce the digital divide by providing businesses and urban and rural citizens with national broadband coverage by 2020. In keeping with this initiative, China Unicom has been continually improving the scale and capacity of its networks.
Nokia’s industry-leading 7950 XRS platform delivers the scale, efficiency and versatility required so China Unicom can address the full range of core networking requirements with room to also meet capacity demands well into the future. In addition, the XRS is based on a highly programmable Network Processor (NP) architecture that provides the capacity and capabilities needed as cloud service requirements evolve.
“We are honored to continue our work with China Unicom in the CR-B core router segment,” says Mike Wang, head of the joint management team of Nokia Networks China and ASB . “Leveraging the Nokia 7950 XRS platform, China Unicom gains the bandwidth, flexibility and programmability necessary to manage its growing networks and to better meet the needs of the country’s ambitious broadband strategy.”
Shares of NVIDIA Corporation (NASDAQ:NVDA) ended Monday session in red amid volatile trading. The shares closed down -0.61 points or -0.94% at $64.34 with 5.75 million shares getting traded. Post opening the session at $64.21, the shares hit an intraday low of $63.53 and an intraday high of $64.60 and the price vacillated in this range throughout the day. The company has a market cap of $34.38 billion and the numbers of outstanding shares have been calculated to be 535.00 million shares.
NVIDIA Corporation (NVDA) on September 13, 2016 unveiled the latest additions to its Pascal™ architecture-based deep learning platform, with new NVIDIA® Tesla® P4 and P40 GPU accelerators and new software that deliver massive leaps in efficiency and speed to accelerate inferencing production workloads for artificial intelligence services.
Modern AI services such as voice-activated assistance, email spam filters, and movie and product recommendation engines are rapidly growing in complexity, requiring up to 10x more compute compared to neural networks from a year ago. Current CPU-based technology isn’t capable of delivering real-time responsiveness required for modern AI services, leading to a poor user experience.
The Tesla P4 and P40 are specifically designed for inferencing, which uses trained deep neural networks to recognize speech, images or text in response to queries from users and devices. Based on the Pascal architecture, these GPUs feature specialized inference instructions based on 8-bit (INT8) operations, delivering 45x faster response than CPUs and a 4x improvement over GPU solutions launched less than a year ago.
The Tesla P4 delivers the highest energy efficiency for data centers. It fits in any server with its small form-factor and low-power design, which starts at 50 watts, helping make it 40x more energy efficient than CPUs for inferencing in production workloads. A single server with a single Tesla P4 replaces 13 CPU-only servers for video inferencing workloads, delivering over 8x savings in total cost of ownership, including server and power costs.
The Tesla P40 delivers maximum throughput for deep learning workloads. With 47 tera-operations per second (TOPS) of inference performance with INT8 instructions, a server with eight Tesla P40 accelerators can replace the performance of more than 140 CPU servers. At approximately $5,000 per CPU server, this results in savings of more than $650,000 in server acquisition cost.
“With the Tesla P100 and now Tesla P4 and P40, NVIDIA offers the only end-to-end deep learning platform for the data center, unlocking the enormous power of AI for a broad range of industries,” said Ian Buck, general manager of accelerated computing at NVIDIA. “They slash training time from days to hours. They enable insight to be extracted instantly. And they produce real-time responses for consumers from AI-powered services.”