Netweb Rallies 6.5% on Launch of Nvidia-Powered AI Systems

Shares of Netweb Technologies India Ltd rallied 6.5% to touch the day’s high of Rs 3,325 on 18th February after the company announced its entry into the AI infrastructure solutions space.

The company said it has launched AI supercomputing systems powered by NVIDIA’s Sovereign AI development platform.

As part of the launch, the company introduced two products — Tyrone Camarero Spark and Tyrone Supercomputing Systems. Both are based on NVIDIA Grace Blackwell architecture.

According to Netweb, the Tyrone Camarero Spark is the world’s smallest AI supercomputer built on the NVIDIA DGX Spark platform. It is powered by the NVIDIA GB10 Grace Blackwell Superchip.

The system combines NVIDIA Blackwell GPUs, Grace CPUs, NVIDIA Networking, CUDA-X libraries and the NVIDIA AI software stack. It delivers 1 PetaFlop (FP4) performance in a compact 5.9 x 5.9 x 2-inch form factor with just 240 Watts of power consumption. In comparison, similar-scale performance in 2016 required significantly more power.

The Tyrone Supercomputing Systems, meanwhile, are built on the NVIDIA GB200 NVL4 platform and are designed and manufactured in India.

The move comes amid rising competition in the AI space. Companies such as Infosys are partnering with Anthropic and others, such as Eternal, are collaborating with OpenAI to strengthen their AI capabilities.

At 11:13 AM, shares of Netweb were trading 6.45% higher at Rs 3,298.60 on the NSE.

Ready to invest like a pro? Tradz by EquityPandit equips you with 100+ Free tools and knowledge you need to succeed. Download the Tradz app and gain access to daily stock lists and insightful market analysis and much more!

The post Netweb Rallies 6.5% on Launch of Nvidia-Powered AI Systems appeared first on Equitypandit.