NVIDIA reveals its cloud service for industrial metaverses

Omniverse Cloud’s first customers include RIMAC Group, Siemens, and WPP

21.09.2022 - 07:30

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2 min

What’s new? NVIDIA has launched its first cloud-based SaaS solution, called the NVIDIA Omniverse Cloud, which gives developers, corporate teams, and artists the ability to create and use applications for industrial metaverses. The company announced this in a press release dated September 20.

Press release on the NVIDIA website

What features does the service provide? Using Omniverse Cloud, users, and teams can work jointly on 3D workflows without the need for local computing power. Robotics engineers can train, simulate, test and deploy intelligent machines with artificial intelligence support. Autonomous vehicle engineers can generate physical sensor data and simulate traffic scenarios to test various road and weather conditions for self-driving deployment.

It is known that the first customers of the new solution include Croatian electric car manufacturer Rimac Group, German electrical conglomerate Siemens and British advertising holding company WPP. According to NVIDIA co-founder and CEO Jensen Huang, Omniverse Cloud allows “connect teams worldwide to design, build, and operate virtual worlds and digital twins.”

What is known about NVIDIA? It is a US technology company that designs and manufactures graphics processors. NVIDIA Corporation was founded in 1993. Its founders are Jensen Huang, Chris Malachowsky, and Curtis Priem.

The company’s shares are traded on the US Nasdaq stock exchange under the ticker NVDA. As of September 21, 07:50 UTC, the value of one security was $131,76, having decreased by 1,54% per day, according to Investing.com.

In August, NVIDIA released its financial results for Q2 2022. According to CFO Colette Kress, NVIDIA was unable to assess whether the decline in the digital asset market and demand for cryptocurrency mining had affected the company’s revenue and earnings.

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