NVIDIA (NVDA) Collaborates With Adobe for Sensei AI Toolkit
NVIDIA Corporation NVDA continues to gain traction in Artificial Intelligence (AI) technology with the help of several partnerships. Most recently, the graphic chip maker partnered with Adobe Systems Incorporated ADBE as part of which its graphics processing units (GPUs) will power up the latter’s AI toolkit, Sensei.
The partnership is anticipated to improve Adobe’s services for Creative and Experience Cloud customers and developers. That means, it will improve the performance as well as speed of Adobe’s Sensei.
The companies believe the collaboration will help them in targeting a new audience of developers, data scientists and partners for Sensei, thereby providing scope of business opportunities to both.
Shantanu Narayen, president and CEO of Adobe said that, “We're excited to partner with NVIDIA to push the boundaries of what's possible in creativity, marketing and exciting new areas like immersive media.”
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The recent partnership between the two companies is an extension of their decade long relationship wherein Adobe has been using NVIDIA’s GPUs to power up its broad set of creative and digital experience products. NVIDIA’s GPUs are already powering Sensei other features like “Adobe Character Animator CC and face aware editing in Photoshop CC.”
Artificial intelligence is a global rage these days. It has long been touted as the next big thing in the technology sector, and its usage is growing each and every day. NVIDIA is one of the leading players in AI for applications in several markets including autonomous driving, data centers, healthcare and even in constructions. It has multiple AI partnerships with the likes of Baidu BIDU in driverless vehicles segment, Amazon AMZN in data center and Komatsu in construction sector.
We believe that with these deals, NVIDIA will be better positioned to enhance its hold in AI technologies.
NVIDIA currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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