Firefly Neuroscience Stock Soars After Joining NVIDIA Connect Program for Brain Modeling Initiative

Firefly Neuroscience Stock Continues To Climb: What's Going On? - Firefly Neuroscience (NASDAQ:AIFF)

Firefly Neuroscience Inc AIFF shares are continuing to trade higher Wednesday after rallying more than 170% on Tuesday. Here's a look at what's going on. What To Know: Firefly Neuroscience shares soared on Tuesday after the company was accepted into the NVIDIA Connect program. The stock appears to be moving on continued momentum Wednesday morning. Firefly expects to use new tools and resources provided by the program to help support a new strategic initiative to build a proprietary foundation model of the human brain using its FDA-cleared Brain Network Analytics technology platform. Nvidia's Connect program helps companies expand software development teams by providing software development resources, frameworks and development kits. Benefits include technical training, engineering guidance and discounts on Nvidia software and hardware products. See Also: Inflation Rises More Than Expected In January, Chills Interest Rate Cut Hopes "This marks the achievement of an important milestone for Firefly and comes at an extremely opportune time," said Greg Lipschitz, executive chairman of Firefly Neuroscience. Firefly is due to report fourth-quarter financial results later this month. AIFF Price Action: Firefly Neuroscience shares closed Tuesday up 171%. The stock was up another 48.6% at $12.48 at the time of publication Wednesday, according to Benzinga Pro. This illustration was generated using artificial intelligence via Midjourney. AIFFFirefly Neuroscience Inc$11.2233.5%WatchlistOverviewNVDANVIDIA Corp$130.64-1.63%Market News and Data brought to you by Benzinga APIs

What's Going On With Firefly Neuroscience Shares Tuesday? - Firefly Neuroscience (NASDAQ:AIFF)

The company plans to leverage the program's tools to help develop a proprietary foundation model of the human brain. Firefly Neuroscience, Inc. AIFF shares are trading higher on Tuesday after the company announced its acceptance into the NVIDIA Corporation NVDA Connect program. Firefly plans to leverage the program's tools and resources to support a new initiative aimed at developing a proprietary foundation model of the human brain. Benefits of the NVIDIA Connect program include technical training, engineering guidance and discounts on NVIDIA software and hardware to accelerate development and enhance efficiency. "This marks the achievement of an important milestone for Firefly and comes at an extremely opportune time. As our already unparalleled BNA™ database continues to grow with each new clinical study and/or clinical assessment in which our technology is used, and we have gained vital access to the best hardware and latest resources through the NVIDIA Connect program, we believe that Firefly is now uniquely positioned to build the world's first foundation model of the human brain," said Greg Lipschitz, Executive Chairman of Firefly. Related Link: SVP & COO Of Brinker International Makes $1.41M Sale AIFF Price Action: At the time of writing, Firefly shares are trading 162.6% higher at $8.14, according to data from Benzinga Pro. Image: This illustration was generated using artificial intelligence via Midjourney. AIFFFirefly Neuroscience Inc$7.19131.9%WatchlistOverviewNVDANVIDIA Corp$134.000.32%Market News and Data brought to you by Benzinga APIs

This little-known AI stock just surged 211% -- Too late to buy?

Firefly Neuroscience, Inc. (NASDAQ: AIFF) shares surged by 211.3% on Tuesday following the announcement of the company's acceptance into the NVIDIA Corporation Connect program. Firefly plans to utilize the program's tools and resources to support its initiative focused on developing a proprietary foundation model of the human brain. The NVIDIA Connect program offers benefits including technical training, engineering guidance, and discounts on NVIDIA software and hardware to expedite development and increase efficiency. Greg Lipschitz, Executive Chairman of Firefly, stated, "This marks the achievement of an important milestone for Firefly and comes at an extremely opportune time. As our already unparalleled BNA™ database continues to grow with each new clinical study and/or clinical assessment in which our technology is used, and we have gained vital access to the best hardware and latest resources through the NVIDIA Connect program, we believe that Firefly is now uniquely positioned to build the world's first foundation model of the human brain." The growing demand for energy due to the rapid expansion of AI technology presents challenges regarding power availability, grid capacity, and sustainability. Experts emphasize the pressing need for reliable electricity sources as tech giants invest in large-scale data centers, highlighting the urgency of expanding power generation and upgrading infrastructure while balancing AI growth with clean energy goals. Firefly Neuroscience develops AI-powered neuroscientific solutions, including its Brain Network Analytics software, which aids in diagnosing and treating mental illnesses and neurological disorders. The company's recent acceptance into the NVIDIA Connect program, announced on February 11, enhances its capabilities to advance neurological and mental health innovations through AI-driven methodologies. Currently, Firefly shares are trading significantly higher at $8.40. Disclaimer: The content of this article is for informational purposes only and should not be construed as investment advice. We do not endorse any specific investment strategies or make recommendations regarding the purchase or sale of any securities.