NVIDIA launches open-source Nemotron model, ties free AI to chips

NVIDIA Corp. (NASDAQ: NVDA ) stock gained about half a percent during Friday's premarket session as traders lean into a slightly firmer risk tone ahead of the open. 08%. NVIDIA is stepping deeper into open-source AI with a new lightweight model, software tools and industry partnerships, while CEO Jensen Huang argues that wider access to AI models can accelerate innovation and ultimately drive greater demand for computing hardware.

5 Lightning, a lightweight AI model that can run on a single GPU in a PC. Companies can download, use and modify the model for free without seeking NVIDIA's permission or paying the company. S. policymakers to avoid "premature restrictions" on open models, CNBC reported on Tuesday.

5 Lightning. The company designed the model particularly for AI agents that can perform tasks autonomously. NVIDIA also introduced NeMo Switchyard, software that can select the least expensive and most suitable AI model for a particular task. Huang Links Open AI Models to Hardware Demand NVIDIA stands to benefit from broader adoption of open-source AI because developers still need GPUs to run those models.

Lower-cost access to models could also encourage wider AI usage compared with proprietary alternatives from companies such as OpenAI and Anthropic. "Free AI should be great for hardware," Huang told Axios. " Huang has also argued that open models give companies greater control, encourage competition and reduce costs. NVIDIA Pushes Back Against Restrictions on Open Models Huang entered the policy debate after China's Moonshot AI introduced Kimi K3, intensifying concerns in Washington over national security and the use of distillation to develop smaller AI models.

S. technology companies in asking policymakers not to impose premature restrictions on open-weight models, including those developed in China. Days after Huang's public defense of open models, NVIDIA also launched an AI safety consortium with companies including Microsoft Corp. (NASDAQ: MSFT ) to explore the use of open models and open-source software in cybersecurity.

S. Open-Source Competition NVIDIA's move comes as Meta Platforms Inc. (NASDAQ: META ) also increases its open-source AI efforts. 2 model.

The two companies now face competition not only from proprietary models developed by OpenAI and Anthropic but also from open offerings from Chinese AI developers including Moonshot AI, DeepSeek and Alibaba, CNBC reported on Wednesday. Earnings And Analyst Outlook NVIDIA is scheduled to report earnings Aug. 26. 04 a year earlier.

74 billion in the year-ago period. 5. 74. Recent analyst moves include: Wells Fargo maintained an Overweight rating with a $315 price forecast on Aug.

11. KeyBanc raised its price forecast to $330 while maintaining an Overweight rating on July 14. China Renaissance initiated coverage with a Buy rating and $319 price forecast on June 5. NVIDIA Edge Rankings NVIDIA scores strongly on Growth and Quality in the Edge Rankings, but its valuation remains a weak spot.

83. 7. 01, reflecting the stock's premium valuation. The rankings point to a company backed by strong growth and business quality.

However, the low Value score could put more pressure on NVIDIA to deliver strong earnings and guidance. 73% weighting in NVIDIA. S. 73% weighting.

68% weighting. NVIDIA's large weighting means sizable fund inflows or outflows could translate into corresponding buying or selling of its shares. 67 during premarket trading on Friday, according to Pro data. Image via Shutterstock Read Also: Michael Burry Calls Nvidia's $500 Billion AI Financing Push a 'Wall Street Stunt': 'Meet the New Boss…'