​NVIDIA Corporation (NVDA) Launches a New Family of Open Source AI Models

Core Insights - NVIDIA Corporation (NASDAQ:NVDA) has launched a new family of open-source AI models called Nemotron, which are designed to be smarter, faster, and cheaper than previous models [1][2] - The company is responding to competition from Chinese firms like DeepSeek, Moonshot AI, and Alibaba Group Holdings, which have been dominating the open-source model market [2] - Wall Street analysts remain optimistic about NVIDIA, with recent Buy ratings from Morgan Stanley and Bernstein, setting price targets of $250 and $275 respectively [3] Product Development - The Nemotron family includes the Nemotron 3 Nano, the smallest model, with two larger versions expected to be released in the first half of 2026 [2] - NVIDIA is traditionally known for its chips used by other companies to create AI models, but is now entering the open-source model space [2] Market Position - Meta Platforms is reportedly shifting towards closed-source models, potentially allowing NVIDIA to become a leading player in the open-source AI model market [3] - NVIDIA designs and sells specialized processors that are essential for gaming, AI, data centers, professional visualization, and the automotive industry [4]