Novanta (NOVT) Q1 2025 Earnings Call May 06, 2025 10:00 AM ET Speaker0 Good morning. My name is Gary, and I will be your conference operator today. At this time, I would like to welcome everyone to Novanta Incorporated's First Quarter twenty twenty five Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Please note this event is being recorded. I would now like to turn the conference over to Ray Nash, C ...

Core Viewpoint - The article discusses NVIDIA's advancements in AI technology, emphasizing the importance of tokens in the AI economy and the need for extensive computational resources to support complex AI models [1][2]. Group 1: Chip Developments - NVIDIA has introduced the "Blackwell Super AI Factory" platform GB300 NVL72, which offers 1.5 times the AI performance compared to the previous GB200 NVL72 [6]. - The new "Vera" CPU features 88 custom cores based on Arm architecture, delivering double the performance of the "Grace" CPU while consuming only 50W [6]. - The "Rubin" and "Rubin Ultra" GPUs will achieve performance levels of 50 petaFLOPS and 100 petaFLOPS, respectively, with releases scheduled for the second half of 2026 and 2027 [6]. Group 2: System Innovations - The DGX SuperPOD infrastructure, powered by 36 "Grace" CPUs and 72 "Blackwell" GPUs, boasts AI performance 70 times higher than the "Hopper" system [10]. - The system utilizes the fifth-generation NVLink technology and can scale to thousands of NVIDIA GB super chips, enhancing its computational capabilities [10]. Group 3: Software Solutions - NVIDIA's software stack, including Dynamo, is crucial for managing AI workloads efficiently and enhancing programmability [12][19]. - The Dynamo framework supports multi-GPU scheduling and optimizes inference processes, potentially increasing token generation capabilities by over 30 times for specific models [19]. Group 4: AI Applications and Platforms - NVIDIA's "Halos" platform integrates safety systems for autonomous vehicles, appealing to major automotive manufacturers and suppliers [20]. - The Aerial platform aims to develop a native AI-driven 6G technology stack, collaborating with industry players to enhance wireless access networks [21]. Group 5: Market Position and Future Outlook - NVIDIA's CUDA-X has become the default programming language for AI applications, with over one million developers utilizing it [23]. - The company's advancements in synthetic data generation and customizable humanoid robot models are expected to drive new industry growth and applications [25].

Core Insights - NVIDIA has announced the release of new Cosmos world foundation models (WFMs) aimed at enhancing physical AI development, providing developers with customizable reasoning models for world generation [1][3][21] - The introduction of two new blueprints powered by NVIDIA Omniverse and Cosmos platforms will facilitate large-scale synthetic data generation for robots and autonomous vehicles, with early adopters including industry leaders like 1X and Uber [2][21] Group 1: Cosmos World Foundation Models - Cosmos WFMs enable the generation of controllable photorealistic video outputs from structured video inputs, streamlining perception AI training [3][4] - The models are designed to enhance robotics and physical industries, allowing for significant advancements in these fields [3][21] - Cosmos Predict WFMs can generate virtual world states from multimodal inputs, enabling multi-frame generation and customized training for physical AI applications [7][8] Group 2: Synthetic Data Generation - The Cosmos Transfer model allows for the transformation of 3D simulations into photorealistic videos, significantly improving the efficiency of synthetic data generation [4][6] - Companies like Agility Robotics and Foretellix are leveraging these models to create diverse datasets for training their robotic and autonomous systems [5][8] - The GR00T Blueprint combines Omniverse and Cosmos Transfer to reduce data collection time from days to hours, enhancing the efficiency of synthetic manipulation motion generation [6] Group 3: Multimodal Reasoning and Data Curation - Cosmos Reason is a customizable model that utilizes chain-of-thought reasoning to interpret video data and predict interaction outcomes, improving data annotation and curation for physical AI [9][10] - Developers can utilize NVIDIA's NeMo framework for accelerated data processing and curation, with applications in training large vision language models [11][12] - Companies like Linker Vision and Milestone Systems are employing these tools for video data curation to enhance their AI capabilities [12] Group 4: Responsible AI and Availability - NVIDIA emphasizes responsible AI practices by implementing open guardrails across all Cosmos WFMs and collaborating with Google DeepMind to watermark AI-generated outputs [13] - The Cosmos WFMs are available for preview in the NVIDIA API catalog and listed in the Vertex AI Model Garden on Google Cloud, with some models accessible on platforms like Hugging Face and GitHub [14]

这是YUE 05期开设的一门新课，成为了当期创业者们最受欢迎的内容之一。 来自红杉中国法务团队的" 公司股权架构设计与公司治理 "，切中了早期创业者们目前最核心的痛点： "出来创业，该做哪些法律上的准备？" "我该如何保护好自己的技术IP？" "什么样的融资架构适合我的企业？" "初创阶段，我该如何分配股权？又该怎么牢牢把握公司控制权？" "员工激励有哪些工具？该如何设置激励方案？" …… "对于企业来说，法律代表一种边界，用来界定红线，同时也是一种工具，为企业发展保驾护航，这是创业 者需要掌握的'攻守道'。"红杉中国合伙人、总法律顾问张联庆对YUE 05期的学员表示。只有了解了边界在 哪里，才知道空间在哪里，才能清楚背后的成本和风险是怎样的；同时，创业者越早清楚如何在法律规则 上进行公司治理、商业竞争与博弈，才能让企业发展地越稳固有序。 "法律相关的问题，不会成为企业发展的'长板'，但往往会成为'短板'，甚至会在未来某个时刻变成限制企业 进一步发展的关键所在。"红杉中国法务总监林聆表示。事实上，由于法律和公司治理以及融资架构具备高 度专业性，很多没有创业经验的早期创始人，很容易在这个阶段给自己"挖坑"和"埋 ...

YUE的核心理念"Founders Help Founders"，也是在这一刻具象化。截止到今天，YUE 06期已经收到了 1300+ 份注册，其中 600+ 已经提交了报名。一周后，我们希望在06期的报名池里看到你的身影。 YUE 06期的课程安排？ 在YUE每一期结束的当周，我们都会邀请当期学员谈谈自己的感受。 在那个时间点上，他们对YUE的记忆和体验最为清晰。这些对于即将到来的新一期学员，也最有借鉴意义。 今天，你能听到十多位05期学员在YUE课程模块结束之时，回顾这4周的"集训"给他们的创业带来了怎样的提 升： • ✦ ✦ 1 有的学员认为，在"孤独"的创业之路上，第一次在YUE找到了一个组织的感觉。一个来自创业者聚集的 群体，让大家彼此互相吸收能量。 有的学员第一次看到了"大量的创业盲区"，那些"课本里永远不会讲也看不到的东西"，以及来自"过来 人"的点拨，是无价的知识资产。 不少学员对那些"来自最一线的创业者和投资人"印象深刻——他们最真实的feedback，那些流过血和泪 的经验、教训，对他们帮助和启发最大。 他们希望"每个创业者都应该来系统性学一下这个课程"，"带着空杯心态去认真感受，一定会有 ...