Stock Market
20% jump! Nvidia collaboration sparks massive rally in E2E Networks stock
Mumbai/IBNS: Shares of E2E Networks surged by 20 percent on Wednesday after the company announced a collaboration with Nvidia to deliver advanced AI factories, media reports said.
The AI-focused hyperscale cloud provider recorded its biggest single-day gain, although the stock remained below its 52-week high of Rs. 3,894.7 per share.
As part of the collaboration, E2E Networks is building an NVIDIA Blackwell GPU cluster on its TIR cloud platform, hosted at the L&T Vyoma Data Center in Chennai.
The TIR cloud compute platform will feature advanced AI infrastructure, including NVIDIA HGX B200 GPU systems, NVIDIA Enterprise AI software, and NVIDIA Nemotron open models.
The platform is designed to accelerate sovereign AI development across sectors such as agentic AI, healthcare, finance, manufacturing, and agriculture.
These GPU systems are among Nvidia’s most powerful AI chips, specifically designed to support large language models, generative AI, and high-performance computing workloads.
The partnership is expected to strengthen India’s domestic AI infrastructure by enabling enterprises, startups, and researchers to access advanced AI computing capabilities within the country.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
