Nvidia crushes expectations, more than doubling its profit amid a 94% surge in revenue as AI demand booms

Nvidia crushes expectations, more than doubling its profit amid a 94% surge in revenue as AI demand booms

Nvidia’s third quarter results came in better than expected as the company beat the already soaring expectations placed at its feet, according to a highly anticipated earnings call. Revenues for the quarter were $35.1 billion, up 94% from a… Article Source https://fortune.com/2024/11/20/nvidia-earnings-call-revenue-increase-94-percent-third-quarter/

xAI Is Now In The Process Of Doubling The Size Of Its Colossus Supercluster To 200,000 NVIDIA Hopper GPUs

xAI Is Now In The Process Of Doubling The Size Of Its Colossus Supercluster To 200,000 NVIDIA Hopper GPUs

This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy. Jensen Huang had termed Elon Musk “superhuman” when he described in… Article Source https://wccftech.com/xai-is-now-in-the-process-of-doubling-the-size-of-its-colossus-supercluster-to-200000-nvidia-hopper-gpus/

Boost performance and save on expenses with the latest inference optimization toolkit on Amazon SageMaker, doubling throughput and cutting costs by 50% – Part 2 | Amazon Web Services

Boost performance and save on expenses with the latest inference optimization toolkit on Amazon SageMaker, doubling throughput and cutting costs by 50% – Part 2 | Amazon Web Services

Businesses are increasingly relying on generative artificial intelligence (AI) inference to enhance their operations. To address the need for scaling AI operations and integrating AI models, model optimization has emerged as a vital step for balancing cost-effectiveness and responsiveness. Different use cases require varying price and performance considerations, with chat applications focusing on minimizing latency … Read more

ASML’s Hyper-NA EUV Price Doubling Rumors Lead TSMC, Samsung, and Intel to Hesitate – TrendForce

A rumor has been circulating that the price of ASML’s Hyper-NA EUV technology is set to double, causing major tech companies like TSMC, Samsung, and Intel to reconsider their plans to invest in the cutting-edge technology. ASML is a key player in the semiconductor industry and its Hyper-NA EUV technology is crucial for the production … Read more

New Reports Show OpenAI Doubling Revenue and Outpacing Azure in Business Operations

New Reports Show OpenAI Doubling Revenue and Outpacing Azure in Business Operations

OpenAI has made their product available for free, with the only benefit of paid subscription being increased usage. The decision to offer the product for free seems to be aimed at increasing market share and consolidating user habits rather than revenue. It is likely that new paid-only features will be introduced in the future to … Read more

New Reports Show OpenAI Doubling Revenue and Surpassing Azure in Business Operations

New Reports Show OpenAI Doubling Revenue and Outpacing Azure in Business Operations

OpenAI, a leading generative AI company, has experienced significant growth in revenue and customer base, with CEO Sam Altman reporting a doubling of annualized revenue to $3.4 billion within the past six months. The majority of this revenue, around $3.2 billion, comes from ChatGPT, with an estimated 8-10 million consumers subscribing to the service. The … Read more

Is It Too Late to Invest in Nvidia? Top 3 Stocks to Consider Doubling Down on.

Is It Too Late to Invest in Nvidia? Top 3 Stocks to Consider Doubling Down on.

NVIDIA stock has dropped 10% from its all-time high but remains a top AI chipmaker. CEO Jensen Huang is optimistic about the company’s growth potential despite high valuation. Investors looking for alternative AI stocks may consider Advanced Micro Devices (AMD) and its impressive data center revenue. Taiwan Semiconductor Manufacturing (TSM) is another strong player due … Read more

Google reveals significant Sheets update, doubling processing speed

Google reveals significant Sheets update, doubling processing speed

Google Sheets recently announced a significant update focusing on productivity improvements, AI integration, and performance enhancements. One key collaboration with the Chrome Developer Group has optimized Sheets for faster formula execution, formatting, and pivot tables. The use of the WasmGC library has doubled the calculation speed, leading to improved performance in Google Chrome and Microsoft … Read more