Nvidia raked in more than $19 billion in net income during the last quarter, the company reported on Wednesday, but that did little to assure investors that its rapid growth would continue. On its earnings call, analysts prodded CEO Jensen Huang… Article Source https://techcrunch.com/2024/11/20/nvidias-ceo-defends-his-moat-as-ai-labs-change-how-they-improve-their-ai-models/
Cronos Labs and Google Cloud Partner to Boost the Cronos Blockchain Ecosystem Bitcoin.com News Article Source https://news.bitcoin.com/cronos-labs-and-google-cloud-partner-to-boost-the-cronos-blockchain-ecosystem/
:max_bytes(150000):strip_icc()/INV_AsteraLabsLogo_GettyImages-2021680175-2ae7a2b0602d4a32857873c01c59cb42.jpg?w=1500&resize=1500,981&ssl=1 "Nvidia Supplier Astera Labs Surges on Strong Q3 Results")
KEY TAKEAWAYS Astera Labs shares are jumping around 30% Tuesday morning, after the Nvidia supplier reported strong third-quarter earnings results on the back of demand for its artificial intelligence (AI) products. The company reported quarterly… Article Source https://www.investopedia.com/astera-labs-surges-strong-q3-results-8739753
Astera Labs Stock Surges After Earnings. It’s Part of the Nvidia Trade. Barron’s Article Source https://www.barrons.com/articles/astera-earnings-stock-price-nvidia-55b1a09d
Astera Labs Scorpio Xami MCIO To MCIO In modern AI servers, PCIe switches are commonplace in architectures as GPUs and AI accelerators need direct access to local storage, networking, the host CPUs, and even other GPUs…. Article Source https://www.servethehome.com/this-is-the-new-astera-labs-scorpio-pcie-switch-targeting-broadcom-in-ai-servers/
Key Takeaways Astera Labs shares jumped over 15% Wednesday after the Nvidia supplier announced new products to power artificial intelligence (AI). Astera introduced two new fabric switches that Nvidia said will help support its AI… Article Source https://www.investopedia.com/nvidia-supplier-astera-labs-jumps-over-15-percent-here-is-why-8725464
LONDON, ENGLAND – OCTOBER 9: A general view of the Google DeepMind offices after the announcement … [+] that Founder and CEO Demis Hassabis and senior research scientist, John M. Jumper, received the 2024 Nobel Prize for Chemistry on October 9,… Article Source https://www.forbes.com/sites/michaelposner/2024/10/11/from-bell-labs-to-google-corporate-accolades-and-responsibilities/
Progress Software Corporation (NasdaqGS:PRGS) agreed to acquire novel labs, Inc. from Citrix Systems, Inc. for approximately $880 million on September 9, 2024. A cash consideration will be paid by Progress Software Corporation. As part of… Article Source https://www.marketscreener.com/quote/stock/PROGRESS-SOFTWARE-CORPORA-10533/news/Progress-Software-Corporation-agreed-to-acquire-novel-labs-Inc-from-Citrix-Systems-Inc-for-appro-47832374/
Nano Labs and Broadcom, two technology companies, are compared based on various factors to determine which is a better investment option. Analyst ratings show that Broadcom has a higher consensus price target and more buy ratings compared to Nano Labs. In terms of risk and volatility, Broadcom has a lower beta, making it less volatile … Read more
Cloud computing startup Lambda Labs is in talks to raise an additional $800 million to take advantage of the growing demand for artificial intelligence and the shortage of advanced graphics processing units. This funding would add to the $320 million raised by the company earlier this year, and would help fund the expansion of its … Read more