Shares of Juniper Networks, Inc. (NYSE:JNPR) ended Wednesday session in green amid volatile trading. The shares closed up +1.18 points or 5.26% at $23.63 with 8.52 million shares getting traded. Post opening the session at $22.60, the shares hit an intraday low of $22.58 and an intraday high of $23.79 and the price vacillated in this range throughout the day. The company has a market cap of $8.93 billion and the numbers of outstanding shares have been calculated to be 382.96 million shares.
On September 07, 2016 Juniper Networks (JNPR), an industry leader in automated, scalable and secure networks, announced it has been selected by the National Center for Atmospheric Research (NCAR) to provide the networking infrastructure for a new supercomputer that will be used by researchers to predict climate patterns and assess the effects of global warming.
The new supercomputer will be installed at the NCAR-Wyoming Supercomputing Center (NWSC) this fall and will be fully operational in 2017. This new system will enable more accurate and actionable projections about the impact of weather and climate change and is expected to perform 5.34 quadrillion calculations per second, making it one of the top performing supercomputers in the world. Juniper Networks was selected to provide the system’s networking infrastructure, allowing scientists around the world access to this critical climate and weather research tool.
A critical research tool: NCAR’s supercomputer system will allow scientists to perform some of the world’s most data intensive calculations for weather and climate modeling, providing information that can profoundly impact communities by helping to improve computer models in ways that can better inform future evacuation efforts or aid in the dispatch of recovery teams. It will also be an integral tool to study the effects of global warming, helping governments and communities plan for future changes in water cycles, temperatures and sea levels, among other environmental impacts.
A high performance network that supports global collaboration: NCAR’s new supercomputer network, supported by Juniper Networks, is designed to meet the demanding capacity and bandwidth required by researchers to process climate data and conduct predictive weather analysis, while sharing results with colleagues around the world.
Shares of NVIDIA Corporation (NASDAQ:NVDA) ended Wednesday session in green amid volatile trading. The shares closed up +1.77 points or 2.81% at $64.86 with 8.41 million shares getting traded. Post opening the session at $63.28, the shares hit an intraday low of $63.27 and an intraday high of $64.98 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 a palm-sized, energy-efficient artificial intelligence (AI) computer that automakers can use to power automated and autonomous vehicles for driving and mapping.
The new single-processor configuration of the NVIDIA® DRIVE™ PX 2 AI computing platform for AutoCruise functions — which include highway automated driving and HD mapping — consumes just 10 watts of power and enables vehicles to use deep neural networks to process data from multiple cameras and sensors. It will be deployed by China’s Baidu as the in-vehicle car computer for its self-driving cloud-to-car system.
DRIVE PX 2 enables automakers and their tier 1 suppliers to accelerate production of automated and autonomous vehicles. A car using the small form-factor DRIVE PX 2 for AutoCruise can understand in real time what is happening around it, precisely locate itself on an HD map and plan a safe path forward.
“Bringing an AI computer to the car in a small, efficient form factor is the goal of many automakers,” said Rob Csongor, vice president and general manager of Automotive at NVIDIA. “NVIDIA DRIVE PX 2 in the car solves this challenge for our OEM and tier 1 partners, and complements our data center solution for mapping and training.”