Spire Global stock jumps 9.6% after launching AI weather models with Nvidia technology.
From StockTwits: 2025-03-19 03:32:18
Spire Global (SPIR) stock surged 9.6% in after-hours trading with the launch of two advanced AI weather models developed on Nvidia’s technology. The AI-WX and AI-S2S models, built on the NVIDIA Omniverse Blueprint for Earth-2, offer medium-range and sub-seasonal forecasts. These models integrate Spire’s satellite network data, providing probabilistic forecasts for weather outcomes. Retail sentiment on Stocktwits for SPIR remains ‘bearish.’ The company recently announced plans to raise $40 million and faced challenges closing a maritime business sale. Spire stock has dropped 39.5% year-to-date. The partnership with Nvidia aims to enhance weather prediction accuracy and benefit energy providers and commodity trading firms.
Read more at StockTwits: Spire Global Jumps On Weather Models Built On Nvidia’s Tech