What's Going On With Singapore-Based Primech Stock On Thursday?

Primech Holdings Limited‘s PMEC subsidiary Primech AI Pte. Ltd announced an upgrade to its HYTRON bathroom cleaning robot, integrating advanced NVIDIA Corp technology.

The upgraded HYTRON model now features the NVIDIA Jetson Orin Super, a System-on-Module (SoM) known for its powerful edge AI and robotics performance.

This integration enables the robot to achieve improved energy efficiency, enhanced performance, and greater dependability in its autonomous toilet cleaning functions.

In addition to the hardware enhancement, the HYTRON robot leverages various NVIDIA software technologies.

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These comprise CUDA for parallel processing, CuDNN to speed up deep learning, and TensorRT to optimize neural networks, resulting in quicker inference and improved responsiveness.

“By integrating NVIDIA’s advanced technology into our HYTRON robot, we are setting a new standard for robotic cleaning performance and efficiency,” said Primech AI Chief Operating Officer Charles Ng.

Through this technological integration, Primech AI seeks to grow its market footprint, wherein Primech AI is refining its cleaning technology to meet the increasing demand for intelligent and efficient robotic systems in commercial settings.

Price Action: PMEC shares are volatile and are now trading lower by 14% at $0.6351 at the last check on Thursday.

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