Amazon's One-Day Anker Sale Will Charge You Up
I'm typing as fast as my poor little fingers are able to, because Amazon has
2023-06-21 00:54
Bumble updates Spotify feature to encourage musical compatibility
Bumble users who link their Spotify account will now be able to check out who's
2023-05-16 21:26
Nvidia sales hit record high as AI chip demand soars
Artificial intelligence chip giant Nvidia has seen its revenue double in the last quarter due to surging demands for AI technology. The company’s stock surged by nearly 10 per cent in after-hours trading on Wednesday after it posted a sales growth of 101 per cent year-over-year to $13.5bn for the three months ending in July. The company has been a pioneer in accelerated computing, popular among gamers for its GPU inventions that redefined computer graphics and sparked the growth of the PC gaming market. In recent years, the company ignited the era of modern AI and fuelled industrial digitalisation across markets. The American chipmaking giant makes processors behind generative AI, which form the backbone of chatbots like ChatGPT. “A new computing era has begun. Companies worldwide are transitioning from general-purpose to accelerated computing and generative AI,” said Jensen Huang, founder and chief of Nvidia in a statement. “The race is on to adopt generative AI,” he said. Since OpenAI’s ChatGPT came to prominence, many tech companies such as Google, Facebook and Snapchat have attempted to develop their own versions of the generative AI technology to better interact with users and offer human-like responses to queries. The revenue earned by the company over the last quarter is much stronger than the $11.2bn that Wall Street analysts expected. This surge in revenue was driven by the chipmaker’s data centre business that includes the production of AI chips. “During the quarter, major cloud service providers announced massive Nvidia H100 AI infrastructures. Leading enterprise IT system and software providers announced partnerships to bring Nvidia AI to every industry,” Mr Haung said. The company hopes for its earnings in the current quarter to be even greater, predicting a revenue of about $16bn. “Demand for our data center platform for AI is tremendous and broad-based across industries and customers.” Nvidia’s chief financial officer Colette Kress said on the company’s earnings call. “We believe global demand has returned to growth after last year’s slowdown,” Mr Kress said. Read More Google may soon roll out AI ‘personal life coach’ WhatsApp update gives users access to generative AI to create custom sticker art AI poses a profound threat – but could also help us in a variety of important ways, experts agree Jury finds teenager responsible for computer hacking spree Hackers ’emptied’ victims’ accounts and tried to blackmail GTA maker, court told Why India’s moon landing is about a lot more than exploring the lunar surface
2023-08-24 17:46
Kingston Digital Expands External SSD Lineup
FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)--Sep 5, 2023--
2023-09-05 21:48
Blink Commits to EV Charging Stations With Tesla Ports
Blink Charging, one of the nation's largest networks, is developing a fast EV charging station
2023-06-13 05:56
Australia plans huge fines if big tech fails to tackle disinformation
Tech giants could face billions of dollars in fines for failing to tackle disinformation under proposed Australian laws, which a watchdog on Monday said would bring...
2023-06-26 14:51
Temple University Acting President JoAnne Epps dies suddenly after falling ill during event
Temple University Acting President JoAnne Epps died suddenly Tuesday afternoon after falling ill during a university memorial service, the school said in a statement.
2023-09-20 07:48
Netflix Tell US Consumers to Stop Sharing Accounts
Netflix Inc. is bringing its crackdown on account sharing to the US. The service on Tuesday outlined procedures
2023-05-24 03:24
Tesla names insider Taneja CFO as Kirkhorn steps down
By Akash Sriram (Reuters) -Tesla finance chief Zachary Kirkhorn has stepped down, surprising analysts who considered the 13-year veteran as
2023-08-08 06:27
Alibaba tells Erdogan it plans to invest $2 billion in Turkey
ISTANBUL (Reuters) -Chinese e-commerce giant Alibaba Group Holding Ltd has told Turkish President Tayyip Erdogan it plans to invest $2
2023-09-18 14:21
'We have zero regrets': Nas Daily announces split with girlfriend Alyne Tamir after 6 years
In a 13-minute long video, Nas Daily and Alyne Tamir expanded on how different priorities and goals did not allow them to be compatible
2023-05-23 10:56
Save big on these gaming monitors from ViewSonic, Razer, and HP
Gaming is all about details and making quick decisions. Just a nanosecond can make a
2023-06-09 00:53
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