On Tuesday, Shares of NVIDIA Corporation (NASDAQ:NVDA), added 1.51% and closed at 66.60 in the last trading session. The last trading range of the stock ranges between $66.25 and66.99. NVIDIA and FANUC Corporation recently declared a partnershipto implement artificial intelligence on the FANUC Intelligent Edge Link and Drive (FIELD) system to increase robotics productivity and bring new capabilities to automated factories worldwide.
Adding AI to the FIELD system will give robots the ability to teach themselves to do tasks faster and more efficiently. By learning together, what used to take a single robot 8 hours can now be done by eight robots in an hour.
“The age of AI is here,” said Jen-Hsun Huang, founder and CEO of NVIDIA. “GPU deep learning ignited this new wave of computing where software learns and machines reason. One of the most exciting creations will be intelligent robots that can understand their environment and interact with people. NVIDIA is delighted to partner with FANUC, the world leader of industrial robotics, to realize a future where intelligent machines accelerate the advancement of humanity.”
Building the factory of the future will have wide-ranging impact. The International Federation of Robotics predicts the deployment of industrial robots will increase to around 2.6 million units worldwide by 2019 — up from 1 million in 2015. These robots are central to the global manufacturing process used to make everything from cars to mobile phones.
Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP), jumped 1.66% and closed at $47.04 in the last trading session. The last trading range of the stock ranges between 46.75and47.82. The company’s Market capitalization is $23.28 Billion with the total Outstanding Shares of 1.00. Ctrip.com International, Ltd., together with its auxiliaries, provides travel service for accommodation reservation, transportation ticketing, packaged tours, and corporate travel administration in the Peoples Republic of China. The company operates as an agent for hotel-related transactions; sells air tickets; and other related services, counting sale of aviation and train insurance, air-ticket delivery services, online check-in, and other value-added services, such as online seat selection and flight dynamics. It also provides independent leisure travelers bundled packaged-tour products comprising group tours, semi-group tours, and private tours or packaged tours with various transportation arrangements, such as cruise, bus, and self-driving. In addition, the company offers integrated transportation and accommodation services; various value-added services, such as transportation at destinations and tickets, insurance, visa services, and tour guides; supplier administration and customer relationship administration services; and car rental services. Further, it provides travel data collection and analysis, industry benchmark, cost saving analysis, and travel administration solutions; Corporate Travel Administration System, an online platform that integrates information maintenance, online booking and authorization, online enquiry, and travel report system.