Beamr Imaging Ltd (NASDAQ: BMR) is up a whopping 70% in premarket on Monday following news that it has partnered with Nvidia Corp (NASDAQ: NVDA) to ramp up adoption of the newest AV1 video format.Why hasn’t AV1 format gained popularity so far?Copy link to sectionAOMedia Video 1 is a highly complex but efficient video format. Still, its adoption has not been particularly encouraging so far as it costs a bundle to upgrade existing video libraries to the AV1 standard.But today, Nvidia – together with the Israe ...