Nvidia, an American semiconductor company and a leading global manufacturer of high-end graphics processing units (GPUs), is planning to release an open-source platform for artificial intelligence (AI) agents.
According to Wired, the product is named NemoClaw. The move comes ahead of Nvidia’s annual developer conference, GTC, which begins March 17.
Why it matters:
- The news has fueled optimism amid a broader crypto market rally, with AI-linked crypto tokens moving higher.
- According to CoinGecko data, the total market capitalization of the AI token sector rose 4.8%, outperforming the broader crypto market, which posted a 2.25% gain.
- AI Rig Complex (ARC), Rei (REI), and Kled AI (KLED) were among the top gainers in the sector.
The details:
- Wired cited anonymous sources saying Nvidia has reached out to Salesforce, Cisco, Google, Adobe, and CrowdStrike for partnerships.
- The platform will enable enterprise software firms to deploy AI agents that can carry out tasks for their employees.
- According to sources, companies will be able to use the platform even if their products do not operate on Nvidia chips.
- Nvidia also intends to include built-in security and privacy features as part of the open-source agent platform.
The big picture:
- NVDA closed at $182.65, up 2.72%, according to Google Finance data. In late February, JPMorgan analyst Harlan Sur raised Nvidia’s price target from $250 to $265.
- The firm reported record fourth-quarter revenue of $68.1 billion for the period ending January 25, 2026.
- This marked a 20% increase from the previous quarter and a 73% rise year-over-year.
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