This Artificial Intelligence Company Saw 200% In Gains Last Year

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Nvidia shares have ran from $24.75 to $119.93 in the last year. The company has emerged as a rising player in the artificial intelligence arena and could be giving Amazon a run for their money soon.

Nvidia has a product called Spot, a new competitor of Amazon’s Alexa. Spot uses Google Assistant to respond to spoken requests and can hear commands from far away.

Nvidia CEO Jen-Hsun Huang said, “Whereas [Facebook CEO] Mark Zuckerberg has incredible programming skills and can spend a year to build an AI for his home, I’ve decided we should build it for all of you.”

“We are going through unquestionably the most exciting times in the computer history that we’ve ever witnessed,” Huang said.

Nvidia just announced on Wednesday that its gaming platform GeForce will be available on Facebook and a cloud-based PC platform. Not only that but they have high-definition streaming deals with Amazon, Google Play, Netflix, and Youtube.

The company is also working with Audi for a car that should be in production by 2020.

“We believe the car itself should also be an AI co-pilot,” Huang said.

This is a company to keep a close eye on in 2017!

Disclaimer: We have no position in NVIDIA Corporation (NASDAQ: NVDA) and have not been compensated for this article.

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