Nvidia Corp (NVDA  ) showcased a groundbreaking generative AI model named Fugatto. This model is designed as a versatile tool for creating and modifying sounds using text and audio prompts. Fugatto can generate and transform a mix of music, voices, and soundscapes, offering unprecedented capabilities to musicians, developers, and content creators.

Fugatto, short for Foundational Generative Audio Transformer Opus 1, supports multiple tasks, such as generating new music, altering accents or emotions in voices, and crafting entirely novel soundscapes. These features mark a significant leap in audio AI innovation.

Fugatto empowers users to create audio that combines various instructions and prompts. For example, it can produce a trumpet sound mimicking a barking dog or generate a voice with a specific accent and tone.

Beyond music, Fugatto opens possibilities for advertising, education, and gaming. Advertisers can adjust campaign voiceovers for regional audiences, while educators can personalize content with voices familiar to learners. Game developers can modify audio assets or generate them dynamically based on gameplay.

Fugatto, powered by a 2.5-billion-parameter generative transformer, was trained on Nvidia DGX systems with 32 H100 Tensor Core GPUs. Its development involved a diverse team spanning several countries, which enhanced its multilingual and multi-accent capabilities. The model's training relied on millions of audio samples, carefully curated to enable complex and diverse tasks.

Fugatto's debut signifies a milestone in generative AI, promising to reshape how professionals interact with sound.

The model enables users to combine attributes like accent, tone, and emotion into one cohesive sound. For instance, it can create a dynamic soundscape transitioning from a thunderstorm to a tranquil dawn.

Nvidia stock surged 186% year-to-date.

Last week, Nvidia reported a third-quarter revenue of $35.1 billion, up 94%, beating the consensus estimate of $33.12 billion.

The company reported EPS of 81 cents, which beat the Street consensus estimate of 75 cents. Nvidia expects fourth-quarter revenue to be $37.5 billion plus or minus 2%.

Analysts highlighted Nvidia's leadership in AI and data center technologies, with robust demand for its Blackwell and Hopper product lines driving growth through 2025.

Investors can gain exposure to Nvidia through ProShares Ultra Semiconductors (USD  ) and EA Series Trust Strive U.S. Semiconductor ETF (SHOC  ).

Price Action: NVDA stock is down 2.7% at $138.12 at last check Monday.