By Abhirup Roy SAN FRANCISCO (Reuters) -Rivian's earlier-than-expected bond issuance this month was aimed at strengthening the electric-vehicle maker's balance

Paige Spiranac and fellow influencer Robby Berger were recently seen tasting food items including a hot dog and a chocolate bar

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

The market valuation of Nvidia, a US firm which specializes in chips coveted in the artificial intelligence boom, neared one trillion dollars on Thursday after the...

There's no going back to the halcyon pre-Elon Musk Twitter days, but you can reverse

We had a lot of good things to say about last year's Ecovacs Deebot X1

Thousands of Reddit communities are planning a widespread blackout next week that will impact millions of users. The revolt comes in response to proposed charges for third-party app developers, which they claim will make the social media platform inaccessible for a significant proportion of users. On 12 June, many of the site’s biggest subreddits, including r/videos and r/gaming and r/bestof, will go dark for 48 hours in an effort to prevent the new pricing from coming into force. Reddit launched in 2005, but did not develop its own app until 2016. This meant that for the firs decade third-party apps became a popular way to access the platform, with many still preferred over the official app due to the user experience. These third-party apps need an API – which stands for Application Programming Interface – in oder to access the site’s information so that it can display it in the app for users. “Had a call with Reddit to discuss pricing,” a popular third-party app called Apollo announced in a post to Reddit. “Bad news for third-party apps, their announced pricing is close to Twitter’s pricing, and Apollo would have to pay Reddit $20 million per year to keep running as is.” According to Apollo, Reddit plans to charge $12,000 for 50 million API requests. “I’m deeply disappointed in this price,” Apollo wrote. “For reference, I pay Imgur (a site similar to Reddit in user base and media) $166 for the same 50 million API calls. “I don’t see how this pricing is anything based in reality or remotely reasonable. I hope it goes without saying that I don’t have that kind of money or would even know how to charge it to a credit card.” The Independent has reached out to Reddit for comment. Despite being owned and operated by Advance Publications, Reddit forums are controlled by volunteer administrators, who have organised the protest. One moderator named Toptomcat wrote in a post that the proposed pricing changes would make it “impossible” to keep operating in the way many Reddit users are used to. “Many subreddits will be going dark to protest this policy,” the user wrote. “Some will return after 48 hours: others will go away permanently unless the issue is adequately addressed, since many moderators aren’t able to put in the work they do with the poor tools available through the official app.” Read More Reddit founder says 90% of games will pay you to play them in 5 years Reddit boss calls TikTok 'fundamentally parasitic' for its privacy flaws Elon Musk responds to bizarre AI images of him as baby Apple finally fixed one of the most embarrassing things about typing on an iPhone Apple Vision Pro $3,499 VR headset unveiled at WWDC 2023 heralds ‘new era’

Roblox is finally coming to the PlayStation later this year.

Amouranth has criticized Adriana Chechik yet again for her vile remarks and this time it's funny.

Ligue 1 TOTS FIFA 23 release date is scheduled for June 2 at 1 p.m. ET. At that time, Serie A TOTS players will leave packs making way for the best of the best from France's top flight.

AMSTERDAM (Reuters) -Semiconductor equipment maker ASML Holding NV reported on Wednesday third-quarter earnings of 1.9 billion euros ($2.01 billion), in

SWINDON, United Kingdom--(BUSINESS WIRE)--Sep 12, 2023--