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Share Price Information for Glaxosmithkline (GSK)

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Share Price: 1,756.50
Bid: 1,756.50
Ask: 1,757.00
Change: 0.50 (0.03%)
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Open: 1,743.50
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Nvidia building UK supercomputer to boost COVID-19 research

Mon, 05th Oct 2020 14:00

LONDON, Oct 5 (Reuters) - U.S. chip giant Nvidia
said on Monday it is building Britain's most powerful
supercomputer, which will use artificial intelligence to help
researchers solve pressing medical challenges, including those
related to COVID-19.

GSK and AstraZeneca, which are both involved
in coronavirus vaccine research, will be two of the first
pharmaceutical companies to harness the power of the machine,
Nvidia said.

The Cambridge-1 computer, which is expected to come online
by the end of the year in Cambridge, east England, will be a
NVIDIA DGX SuperPOD system capable of delivering more than 400
petaflops of AI performance, the company said.

That would mean it ranks 29th on the Top 500 list of the
world's most powerful supercomputers, it said.

Cambridge is also home to Arm, the British chip designer
that Nvidia has agreed to buy from Japan's SoftBank for
$40 billion.

Nvidia has previously said it intended to create an AI
Center of Excellence in the university city, featuring an
Arm-based supercomputer, which will serve as a hub of
collaboration for researchers, scientists and startups across
the UK.

The separate Cambridge-1 supercomputer will be made
available to researchers from industry and academia.

"The Cambridge-1 supercomputer will serve as a hub of
innovation for the UK, and further the groundbreaking work being
done by the nation's researchers in critical healthcare and drug
discovery," said Jensen Huang, founder and CEO of Nvidia, in his
GPU Technology Conference keynote speech.
(Reporting by Paul Sandle)

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9 Jan 2024 16:22

London close: Stocks finish red after choppy session

(Sharecast News) - London stocks had turned back into the red by the close on Tuesday, with recruitment firms and asset managers pacing the declines after some disappointing corporate updates.

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9 Jan 2024 08:03

TOP NEWS: GSK to buy Aiolos Bio for up to USD1.4 billion

(Alliance News) - GSK PLC on Tuesday said it will acquire asthma drug developer Aiolos Bio Inc for USD1 billion upfront, as well as up to USD400 million in certain success-based milestone payments.

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9 Jan 2024 07:16

GSK buys respiratory drug maker Aiolos for $1bn

(Sharecast News) - GSK said it was buying Aiolos, a clinical-stage biopharmaceutical company focused on treatment of respiratory and inflammatory conditions, for up to $1.4bn (£1.1bn).

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8 Jan 2024 23:39

Pfizer to remain aggressive on obesity market after setback

NEW YORK, Jan 8 (Reuters) - Pfizer will remain aggressive in trying to break into the lucrative obesity market, even after dropping a high profile weight-loss drug candidate late last year due to strong side effects, Chief Executive Albert Bourla said on Monday.

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8 Jan 2024 23:00

Pfizer to remain aggressive on obesity market after setback

NEW YORK, Jan 8 (Reuters) - Pfizer will remain aggressive in trying to break into the lucrative obesity market, even after dropping a high profile weight-loss drug candidate late last year due to strong side effects, Chief Executive Albert Bourla said on Monday.

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8 Jan 2024 19:02

Moderna says it hit its 2023 COVID vaccine sales goal

Jan 8 (Reuters) - Moderna on Monday said its 2023 COVID vaccine sales would be around $6.7 billion, coming in above the lower end of its full-year forecast, and reiterated its goal of returning to sales growth in 2025.

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4 Jan 2024 14:01

UK dividends calendar - next 7 days

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3 Jan 2024 17:48

London close: Stocks fall amid rising geopolitical concerns

(Sharecast News) - London stocks closed lower on Wednesday - the 40th anniversary of the FTSE 100's launch - as sentiment remained cautious due to increasing tensions in the Middle East.

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3 Jan 2024 17:10

Miners, personal goods stocks drag FTSE 100 to two-week low

Burberry slips on rating downgrade

*

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3 Jan 2024 16:52

LONDON MARKET CLOSE: Stocks down ahead of US Fed minutes

(Alliance News) - Stock prices in London closed lower on Wednesday, as investors nervously look ahead to the latest US Federal Reserve meeting minutes.

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3 Jan 2024 12:10

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3 Jan 2024 11:07

Jefferies upgrades GSK to 'buy', cuts AstraZeneca to 'hold'

(Sharecast News) - Jefferies has upgraded its rating on GlaxoSmithKline to 'buy' and cut AstraZeneca to 'hold' as part of its review of the European pharma sector.

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