Nvidia’s Profit Jumps 80 Percent as Company Rides Tech’s AI Boom
The Silicon Valley company, which dominates the market for chips needed to build A.I. systems, said revenue was up 78 percent from a year earlier.
Read more at The New York Times
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Nvidia revenues jump almost 80% on booming AI chip sales
CEO Jensen Huang says demand remained strong despite worries China’s DeepSeek could stymie growthFinancial Times - 2h -
China taps tech talent to boost AI data centre boom
Beijing is pooling resources from the private and state sectors to accelerate adoption of the fast-developing technologyFinancial Times - 4d -
Nvidia sales grow 78% on AI demand, company gives strong guidance
Nvidia reported fourth-quarter earnings that beat Wall Street expectations. The company also provided strong guidance for the current quarter.CNBC - 3h -
Top tech companies turn to hydrogen and nuclear energy for AI data centers
Silicon Valley is looking at hydrogen and nuclear energy alternatives to meet the energy demands of the AI race.CNBC - 2d -
Workday beats estimates for revenue and profit, stock jumps
Workday exceeded analysts' estimates for the quarter and pointed to stronger demand from artificial intelligence products.CNBC - 1d -
Profits, Not D.E.I., Are Why Companies Exist
An awkward truth has become evident in the first days of the Trump administration, as many firms mute their commitments to diversity and sustainability.The New York Times - 5d -
Nigel Farage’s media company records £1.25mn profit
Reform UK leader’s earnings boosted by reality show appearance in late 2023Financial Times - 12h -
DeepSeek raises new questions for Nvidia and the tech giants that hoard its chips
DeepSeek shook the market, but companies like Nvidia are still developing AI platforms that foundation models can use to operate.CNBC - 13h -
Can Nvidia earnings rally the stock market and stop the bleeding in tech?
Highflying “Magnificent Seven” tech stock are in correction territory. Investors are watching Nvidia’s results to assess tech exposure.MarketWatch - 10h -
Alibaba shares jump 14% after pledge to invest ‘aggressively’ in AI
Chinese tech group says it will spend more on artificial intelligence in next three years than over past decadeFinancial Times - 5d -
Nvidia helps launch AI platform for teaching American Sign Language
Nvidia has unveiled a new AI platform for teaching people how to use American Sign Language to help bridge communication gaps. The Signs platform is creating a validated dataset for sign language ...VentureBeat - 6d -
The ‘next important test for AI bulls’ happens this week with Nvidia’s earnings
Nvidia’s profit “could have enough substance even if less sizzle,” BofA analysts say.MarketWatch - 3d -
Amazon bets savings from automation can help fuel AI spending boom
US tech giant expected to spend as much as $25bn on warehouse automation in broader efficiency driveFinancial Times - 22h -
How digitally native companies like Rothy's are growing profitably in a new era for retail
Flats maker Rothy's is growing profitably after expanding into wholesale and building its store fleet. In 2024, it saw sales grow 17%.CNBC - 1d -
How digitally native companies like Rothy's are growing profitably in a new era for retail
Direct-to-consumer footwear brand Rothy’s just recorded its best year on record after the company appointed retail veteran Jenny Ming, one of the co-founders of Old Navy, as its CEO.NBC News - 1d -
Huawei improves AI chip production in boost for China’s tech goals
Chinese company improves ‘yield’ of latest semiconductor, despite US efforts to prevent manufacturing advancesFinancial Times - 2d -
Potential cuts at AI Safety Institute stoke concerns in tech industry
Potential cuts to the U.S. AI Safety Institute (AISI) are causing alarm among some in the technology space who fear the development of responsible artificial intelligence (AI) could be at risk as ...The Hill - 1d -
Microsoft reiterates plan to invest $80 billion in AI, but may 'adjust our infrastructure in some areas'
Microsoft hasn't backed off its plan for the current fiscal year but acknowledged that it may makes some infrastructure adjustments.CNBC - 2d -
Technology Giants: Stop Bullying Companies Into Buying Agentic AI
Instead, develop an innovative product that relieves customer pain.Inc. - 6d -
Nvidia beats Wall Street expectations in first earnings after debut of DeepSeek AI
Investors will be eyeing firm’s financials for signs of slowing demand after revelation high-end chips not necessary. Nvidia surpassed investor expectations for the fourth quarter of 2024 with a ...The Guardian - 3h -
Value investor Bill Nygren explains why Nvidia isn’t the best AI stock to own now
Look at companies that use AI effectively — not AI hardware manufacturers — Oakmark Fund manager says.MarketWatch - 3h -
Nvidia CEO Huang says AI has to do '100 times more' computation now than when ChatGPT was released
Nvidia CEO Jensen Huang spoke with CNBC's Jon Fortt following the chipmaker's quarterly earnings report on Wednesday.CNBC - 1h -
As Israel uses US-made AI models in war, concerns arise about tech’s role in who lives and who dies
U.S. tech giants have quietly empowered Israel to track and kill many more alleged militants more quickly in Gaza and Lebanon through a sharp spike in artificial intelligence and computing servicesABC News - Feb. 18 -
Google, Meta execs blast Europe over strict AI regulation as Big Tech ups the ante
Executives at Google and Meta said that Europe's artificial intelligence industry is being held back by excessive regulation.CNBC - 5d -
Ovomind will show its Gen AI game tech that detects gamer reactions at GDC
Ovomind, an AI and "affective computing" startup, detects player reactions to a game.VentureBeat - 1d -
A Team of Female Founders Is Launching Cloud Security Tech That Could Overhaul AI Protection
Cloud “container” defenses have inconsistencies that can give attackers too much access. A new company, Edera, is taking on that challenge and the problem of the male-dominated startup world.Wired - 1d -
60 Minutes Sports: "Speed Riding"
JT Holmes has jumped, skied and flown off Alpine peaks. In 2016, Anderson Cooper met up with him and learned more about one of his extreme sports skills: speed riding with a parachute device called ...CBS News - 4h -
No, it's not the circus. Acrobatics and tumbling, a mashup of gymnastics and cheer, is booming
Acrobatics and tumbling is one of the NCAA's fastest-growing sportsABC News - 6d -
Trump approval rating holding at 44 percent: Survey
President Trump’s approval rating is holding firm at 44 percent after his first month back in the Oval Office, according to a survey released this week. The Reuters/Ipsos poll found that 44 percent ...The Hill - 12h -
LNG demand to jump 60% by 2040, Shell forecasts
Faster economic growth in Asia and decarbonisation efforts expected to boost demandFinancial Times - 1d -
Egg Prices Could Jump Another 41% This Year
USDA is also spending more to battle avian flu, which caused 166 million chickens to be culled to prevent disease spread.Inc. - 5h -
Indian carmakers count on SUV sales to ride out slowdown
Pricey sport utility vehicles outperform otherwise flat market in sign only most affluent are in mood to spendFinancial Times - 2d -
Why Trump’s Clean Energy Rollbacks Could Derail a Factory Boom
With the Trump administration reversing support for low-carbon power, the business case for making wind, solar and electric vehicle parts gets weaker.The New York Times - 6d -
Why More People Are Embracing the Alcohol-Free Drinking Boom
Health-conscious drinkers are fueling a nonalcoholic beverage boom—with help from the startup Monday Morning.Inc. - 4d -
Block shares fall on profit, revenue miss
Block, formerly known as Square, got off to a sluggish start on Wall Street this year after underperforming the Nasdaq in 2024.CNBC - 6d -
Ignoring science for profit will have deadly consequences for America
We cannot sell out their climate future for the continued profits of powerful business interests.The Hill - 2d -
Purdue Fort Wayne wins 80-66 over Oakland
Led by Rasheed Bello's 19 points, the Purdue Fort Wayne Mastodons defeated the Oakland Golden Grizzlies 80-66ABC News - 4d -
Gherezgher has 17, Northern Kentucky defeats Wright State 80-76
Led by Dan Gherezgher Jr.'s 17 points, the Northern Kentucky Norse defeated the Wright State Raiders 80-76ABC News - 4d -
Joann, 80-Year-Old Crafts and Fabrics Retailer, Will Close All Stores
The announcement that the chain would close all 800 of its stores in 49 states comes after a period of financial turmoil.The New York Times - 2d
More from The New York Times
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Amazon Unveils Alexa+, Powered by Generative A.I.
Amazon is aiming to catch up in generative artificial intelligence and to reboot its virtual assistant, which has been leapfrogged by powerful chatbots.The New York Times - 6h -
iPhone Dictation Feature Transcribes the Word ‘Racist’ as ‘Trump’
The company said it was working to fix the problem after iPhone users began reporting the issue.The New York Times - 1d -
Apple Pulls iPhone Security Feature in UK
Law enforcement in the country was pressuring the company to create a tool that would act like a back door into customers’ data.The New York Times - 5d -
OpenAI Uncovers Evidence of A.I.-Powered Chinese Surveillance Tool
The company said a Chinese operation had built the tool to identify anti-Chinese posts on social media services in Western countries.The New York Times - 5d -
A Look at OpenAI’s Operator, a New A.I. Agent
Operator, a new computer-using tool from OpenAI, is brittle and occasionally erratic, but it points to a future of powerful A.I. agents.The New York Times - Feb. 2
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