"Beamr Imaging's Stock Soars After Nvidia Collaboration"

1 min read
Source: MarketWatch
"Beamr Imaging's Stock Soars After Nvidia Collaboration"
Photo: MarketWatch
TL;DR

Beamr Imaging's shares surged 80% in premarket trading after announcing a partnership with Nvidia to accelerate adoption of its AV1 video standard, which has been facing slow uptake due to complex and costly upgrading processes. The companies plan to present a solution at an upcoming conference for automating the transfer of video libraries into AV1, aiming to facilitate the process at scale.

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