Nvidia collaborating with Alphabet spinoff on drug discovery tech - Bloomberg News

nvidia collaborating with alphabet spinoff on drug discovery tech - bloomberg news

Nvidia collaborating with Alphabet spinoff on drug discovery tech – Bloomberg News

Investing.com — Nvidia (NASDAQ:NVDA) is working with SandboxAQ, a startup spun off from Google-parent Alphabet (NASDAQ:GOOGL) last year, to expand the volume of chemical reactions that companies can simulate in order to help develop new materials for drugs and batteries, according to Bloomberg News.

Citing a statement from SandboxAQ Chairman Eric Schmidt, Bloomberg said that Nvidia’s “accelerated computing and quantum platforms” will augment its own artificial intelligence simulation capabilities.

Schmidt added that this will “help enable the creation of new materials and chemical compounds that will transform industries and address some of the world’s biggest challenges,” Bloomberg reported.

Along with cybersecurity services, SandboxAQ has said its software can also be employed to aid the development of drugs and materials.

SandboxAQ Chief Executive Officer Jack Hidary told Bloomberg that the company’s collaboration with Nvidia — and the AI chipmaker’s powerful A100 and H200 graphics processors — may yield applications in a range of fields like medicine, financial services and energy.

Earlier this year, Hidary told Reuters that AI chips have become powerful enough to compute some of the quantum algorithms that fuel SandboxAQ’s software. The simulation does not currently need quantum computers to work, Hidary said to the news agency.

Quantum computers are powered by processors that are based on quantum physics, or the study of matter and energy on an extremely small scale. An error-free quantum computer, which would be capable of processing information millions of times quicker than even supercomputers, has yet to emerge despite recent investment from both companies and governments.

The report comes a day before Nvidia, which has become a focal point of a surge in enthusiasm over AI, is due to report its latest quarterly results. Shares in the semiconductor group were marginally higher in early U.S. trading on Monday.

News Related

OTHER NEWS

Aliw Awards nominations out

ALIW Awards Foundation Inc. President Alice H. Reyes has released the names of finalists for the 2023 Aliw Awards to be presented on Dec. 11, 2023, at the Manila Hotel ... Read more »

WhatsApp Web gains the feature of single-view photos and videos

WhatsApp Web gains the feature of single-view photos and videos (Photo: Unsplash) The WhatsApp Web, the desktop version of the popular messaging app from Meta, has received an update allowing ... Read more »

Young athletes’ time to shine in Siklab Awards

Young athletes’ time to shine in Siklab Awards MANILA, Philippines — The future heroes of Philippine sports will be honored during the third Siklab Youth Sports Awards on Dec. 4 ... Read more »

Local exec says 5-10 barangays still isolated in Northern Samar

Graphics by Jannielyn Ann Bigtas A local government official said Monday that five to 10 barangays in Northern Samar are still isolated following the massive flooding in the area last ... Read more »

App made by ex-jeepney driver will let you pay PUV fare, book tricycles

DyipPay app lets you pay jeepney fare, book tricycles “Barya lang po sa umaga.” Everyone who rides jeepneys knows this rule: it may not be an actual law, but it’s ... Read more »

Updated In-Season Tournament Bracket ahead of pool play finale

Updated In-Season Tournament Bracket ahead of pool play finale Tuesday will mark the last day of pool play for the inaugural NBA In-Season Tournament. From there, six first-place teams and ... Read more »

PCG forms teams for maritime emergency response

PCG forms teams for maritime emergency response MANILA, Philippines — Recent incidents of fishermen lost in the waters off Southern Tagalog have prompted the Philippine Coast Guard (PCG) to form ... Read more »
Top List in the World