AI-supercharged neurotech threatens mental privacy: UNESCO
The combination of "warp speed" advances in neurotechnology, such as brain implants or scans that can increasingly peek inside minds, and artificial intelligence poses a threat to...
2023-07-13 21:16
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
What Was the Average K/D in the Modern Warfare 3 Beta?
Check out the average K/D for the Call of Duty: Modern Warfare 3 beta before the game's full release drops on Friday, Nov. 10, 2023.
2023-10-24 02:26
How to preorder the iPhone 15
UPDATE: Sep. 15, 2023, 9:30 a.m. EDT The iPhone 15 line is now available to
2023-09-15 22:59
How to keep your iPhone from overheating and avoid permanent battery damage
In case you haven't noticed, it's very hot. Major heat waves have hit regions all
2023-07-19 17:48
Hi, Robot: machines take over at China's Asian Games
From autonomous bug zappers to android pianists and driverless ice-cream trucks, machines rule the world -- at least...
2023-09-23 14:56
Analog Devices Appoints Stephen Jennings to its Board of Directors
WILMINGTON, Mass.--(BUSINESS WIRE)--Jun 5, 2023--
2023-06-05 20:21
Seoul Tourism Organization holds ‘2023 VisitSeoul TV Seoul Trip Shorts Contest’
SEOUL, South Korea--(BUSINESS WIRE)--May 23, 2023--
2023-05-23 21:18
Exclusive-Washington state plans to mandate Tesla's charging plug - official
By Jarrett Renshaw Washington state plans to require electric vehicle charging companies to include Tesla's plug if they
2023-06-24 02:20
South Africa Needs to Deal With ‘Energy Poverty,’ Minister Says
South Africa must balance the need to cut emissions with increasing electricity access and developing its natural resources,
2023-06-30 18:58
Biden Rejects Oil Refineries Seeking Biofuel-Blending Exemptions
The Biden administration on Friday rejected more than two dozen oil refinery requests for exemptions from US biofuel-blending
2023-07-15 04:17
Twitter's encrypted DMs are here, but they have many, many limitations
As promised by Twitter CEO and owner Elon Musk, encrypted direct messaging on Twitter has
2023-05-11 17:47
You Might Like...
SimScale Accelerates Climate Tech Innovation
Walmart's Deals Holiday Kickoff event is set for an October debut: Here's everything you need to know
Asus Vivobook Pro 16 (K6602) Review
Get two beginner-friendly Ninja drones for $220 off
Unprofitable China EV Maker Nio Unveils Phone Pitched at Drivers
‘Audible gasp’: Apple says developers have been shocked by augmented reality headset
Soros Firm Wrestles With the Scope 3 Conundrum
IShowSpeed and Teanna Trump kiss in viral video, fans concerned about streamer getting 'bumps around his lip'
