Albemarle Corp
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Materials : Chemicals | Mid Cap Blend
Company profile

Albemarle Corporation is a global developer, manufacturer and marketer of highly-engineered specialty chemicals. The Company operates through three segments: Lithium and Advanced Materials, Bromine Specialties and Refining Solutions. Lithium and Advanced Materials segment consist of two product categories: Lithium and Performance Catalyst Solutions. The bromine and bromine-based business includes products used in fire safety solutions and other specialty chemicals applications. The Company serves various end markets, including petroleum refining, consumer electronics, energy storage, construction, automotive, lubricants, pharmaceuticals, crop protection, food safety and custom chemistry services. As of December 31, 2016, the Company and its joint ventures operated 31 production and research and development (R&D) facilities, as well as a number of administrative and sales offices, around the world.

Closing Price
$159.48
Day's Change
-3.24 (-1.99%)
Bid
--
Ask
--
B/A Size
--
Day's High
165.14
Day's Low
159.19
Volume
(Average)
Volume:
1,126,951

10-day average volume:
1,126,362
1,126,951

NVIDIA Announces New DGX SuperPOD, the First Cloud-Native, Multi-Tenant Supercomputer, Opening World of AI to Enterprise

2:49 pm ET April 12, 2021 (Globe Newswire) Print

GTC -- NVIDIA today unveiled the world's first cloud-native, multi-tenant AI supercomputer -- the next-generation NVIDIA DGX SuperPOD(TM) featuring NVIDIA BlueField(R)-2 DPUs.

Fortifying the DGX SuperPOD with BlueField-2 DPUs -- data processing units that offload, accelerate and isolate users' data -- provides customers with secure connections to their AI infrastructure.

The company also announced NVIDIA Base Command(TM), which enables multiple users and IT teams to securely access, share and operate their DGX SuperPOD infrastructure. Base Command coordinates AI training and operations on DGX SuperPOD infrastructure to enable the work of teams of data scientists and developers located around the globe.

"AI is the most powerful technology the world has ever known, and NVIDIA DGX systems are the most effective tool for harnessing it," said Charlie Boyle, vice president and general manager of DGX systems at NVIDIA. "The new DGX SuperPOD, which combines multiple DGX systems, provides a turnkey AI data center that can be securely shared across entire teams of researchers and developers."

Advancing AI with DGX SuperPOD

DGX SuperPODs are AI supercomputers featuring 20 or more NVIDIA DGX A100(TM) systems and NVIDIA InfiniBand HDR networking. Among the latest to deploy DGX SuperPODs to power new AI solutions and services are:

-- NAVER, a leading internet technology company in Korea and Japan, is training giant AI language models at scale on DGX SuperPOD to pioneer new services across e-commerce, search, entertainment and payment applications.

-- Recursion, a digital-biology company working to industrialize drug discovery, is using DGX SuperPOD to accelerate its deep learning models and empower its growing workforce of machine learning experts.

-- MTS, Russia's largest telecommunications company, is using its DGX SuperPOD as the foundation for its AI-ready development infrastructure and new public cloud service offerings, as well as to integrate AI and data science across its departments.

Additionally, NVIDIA and Schrodinger today separately announced a strategic partnership designed to harness DGX SuperPODs to further accelerate drug discovery at supercomputing scale. Their jointly developed solution can enable pharmaceutical and biotech companies of all sizes to simulate molecular combinations with physics and AI to identify and optimize the most promising compounds for potential therapeutic use.

Secure, Cloud-Native AI at Scale

NVIDIA designed the new DGX SuperPOD to meet customers' growing security and scalability requirements as AI broadens in adoption. Increasingly, enterprise IT departments need to support the work of multiple teams at different locations, while academic and research institutions often grant outside organizations access to their computing resources.

BlueField-2 DPUs offload, accelerate and isolate users and their data, allowing organizations to safely provide private cloud access to their DGX SuperPOD infrastructure with security that spans user traffic, firewalls and multi-tenant access to storage. DDN is the first NVIDIA storage partner certified to support the next-gen DGX SuperPOD with BlueField-2.

NVIDIA Base Command allows teams of AI developers and data scientists to seamlessly provision and schedule workloads on DGX infrastructure from prototyping to production.

To support the iterative process of building and refining AI models, Base Command provides built-in telemetry for users to validate deep learning techniques, workload settings and resource allocations to constantly improve results.

New DGX Station A100 Subscription Makes AI More Accessible

NVIDIA also introduced a subscription offering available for the NVIDIA DGX Station A100, the world's only workgroup appliance in an office form factor that supports NVIDIA Multi-Instance GPU technology.

The new subscription program makes it easier for companies at every stage of growth to accelerate AI development outside the data center for teams working in corporate offices, research facilities, labs and home offices.

With four NVIDIA A100 80GB GPUs, DGX Station A100 delivers a 3x speed-up compared to its predecessor for complex AI workloads such as natural language processing. As many as 28 data scientists can share a DGX Station A100 simultaneously, enabling enterprises to accelerate AI development while saving up to $700,000 compared to data center servers.

Availability

Cloud-native, multi-tenant NVIDIA DGX SuperPODs will be available in Q2 through NVIDIA's global partners, which can provide pricing to qualified customers upon request.

NVIDIA Base Command will also be available starting in Q2.

Subscriptions for NVIDIA DGX Station A100 are available starting at a list price of $9,000 per month.

Register for free to learn more about DGX systems during GTC21, taking place online April 12-16. Tune in to watch NVIDIA founder and CEO Jensen Huang's GTC21 keynote address streaming live on April 12 starting at 8:30 a.m. PT.

About NVIDIA

NVIDIA's (NASDAQ: NVDA) invention of the GPU in 1999 sparked the growth of the PC gaming market and has redefined modern computer graphics, high performance computing and artificial intelligence. The company's pioneering work in accelerated computing and AI is reshaping trillion-dollar industries, such as transportation, healthcare and manufacturing, and fueling the growth of many others. More information at https://nvidianews.nvidia.com/.

For further information, contact:

Shannon McPhee

Senior PR Manager

NVIDIA Corporation

+1-310-920-9642

smcphee@nvidia.com

Certain statements in this press release including, but not limited to, statements as to: the benefits, performance and features of NVIDIA DGX SuperPOD and NVIDIA Base Command; NVIDIA DGX SuperPOD opening the world of AI to enterprises, what it enables customers to do and what it provides customers with; what NVIDIA Base Command enables, allows and provides; AI being the most powerful technology the world has ever known and NVIDIA DGX systems being the most efficient tool for harnessing it; the companies deploying NVIDIA DGX SuperPODs and how they are using the technology; VinAI ranking as Vietnam's fastest AI supercomputer; the performance of BlueField-2 data processing units and what they allow; the subscription program for NVIDIA DGX Station A100 and its impact, including accelerating AI; the performance of the NVIDIA DGX Station A100, the number of users who can share it and the cost savings it provides; the availability of NVIDIA DGX SuperPODs, NVIDIA Base Command and subscriptions for NVIDIA DGX Station A100; the NVIDIA and Schrodinger partnership and what it will enable; and the price of NVIDIA DGX Station A100 subscriptions are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic conditions; our reliance on third parties to manufacture, assemble, package and test our products; the impact of technological development and competition; development of new products and technologies or enhancements to our existing product and technologies; market acceptance of our products or our partners' products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems; as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company's website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

(C) 2021 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, BlueField, NVIDIA DGX, DGX A100, DGX Station, NVIDIA Base Command and NVIDIA DGX SuperPOD are trademarks and/or registered trademarks of NVIDIA Corporation and/or Mellanox Technologies in the U.S. and other countries. All other trademarks and copyrights are the property of their respective owners. Features, pricing, availability, and specifications are subject to change without notice.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/297e12c0-01d5-41b0-9213-dcb7f5829bc3

https://ml.globenewswire.com/media/ad3b9553-6933-40b1-adfd-2ed199cd141c/small/nvidia-logo-jpg.jpg

https://ml.globenewswire.com/media/ad3b9553-6933-40b1-adfd-2ed199cd141c/small/nvidia-logo-jpg.jpg

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