Nvidia exceeded Wall Street’s expectations in their first quarter results, reporting a 262% increase in revenue to $26 billion for Q1 of fiscal 2025. The Data Center unit contributed significantly to this growth, with revenue soaring by 427% year-over-year to $22.6 billion. Despite concerns about customer demand for Nvidia’s Hopper products being impacted by the … Read more
Nvidia, a leading technology company, announced a 10-for-one stock split as part of its first-quarter earnings release. Compared to the previous year, Nvidia reported a significant 260% increase in revenue, with data center revenue growing by 427%. This growth was attributed to the demand for generative AI training. Nvidia’s founder and CEO, Jensen Huang, expressed … Read more
Nvidia CEO Jensen Huang announced in a recent earnings call that the company is accelerating the deployment of its newest AI chip, Blackwell, which is said to be twice as fast as the current version and offers five times the AI performance. Huang had previously introduced the Blackwell chip in March and mentioned that production … Read more
Nvidia, a graphics and artificial intelligence company, announced a 10-for-one stock split as part of its first-quarter earnings release. The company experienced a significant increase in revenue, with a more than 260% increase compared to the first quarter of the previous year. Data center revenue also saw a substantial increase of 427% to $22.6 billion, … Read more
BuzzFeed’s stock (BZFD) saw a significant jump of 83% in early trading after Vivek Ramaswamy, a former Republican presidential candidate, disclosed that he holds a 7.7% stake in the company and plans to advocate for changes. According to an SEC filing, Ramaswamy believes that BuzzFeed’s stock is undervalued and presents a lucrative investment opportunity. He … Read more
Intel has announced that its next-generation processors, codenamed Lunar Lake, will be launching with OEM devices in the third quarter of 2024. This launch is set to coincide with new laptops that boast AI PC Certification for the Christmas season. The processors are expected to outperform the previous generation, Meteor Lake, with a focus on … Read more
BuzzFeed shares saw a significant increase of up to 83% in early trading on Wednesday following the news that Vivek Ramaswamy, a former Republican presidential candidate, had acquired a 7.7% stake in the company. Ramaswamy plans to engage with the board of directors to discuss potential operational and strategic changes to enhance shareholder value, as … Read more
/cdn.vox-cdn.com/uploads/chorus_asset/file/22679323/Hero_Bloom_Logo.jpg?w=1200&resize=1200,628&ssl=1 "You now have the option to install Windows 11’s upcoming major update before its official release"){kind=logo}
Microsoft has announced the release of the next Windows 11 update, known as 24H2, in its Release Preview ring. This marks the final stage of testing before the update becomes available to all Windows 11 users. Some of the new features included in this update are HDR background support, power saving modes, a sudo command … Read more
Nvidia’s stock price dipped slightly ahead of its first-quarter earnings report, closing at $947 after reaching a record high of $953.86 the day before. This fluctuation is not unprecedented for the chipmaker giant, as it experienced a similar situation before its last earnings report in February. Despite seeing its worst day on the stock market … Read more
International Business Machines (IBM) has carved out a niche in the AI market by focusing on enterprise customers with complex needs. The company’s watsonx platform caters to businesses and organizations that require training, tuning, and deployment of AI applications while considering regulatory, legal, and other concerns. This approach has proven successful for IBM, with its … Read more