Nvidia faced “the tough task of meeting high earnings expectations and high skepticism around AI capex,” per analysts at Bank of America.
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Executives are touting Gemini 3, which comes eight months after the chatbot’s 2.5 model, as a “massive jump” for AI.
Sam Altman has begun floating the idea that the company could hit $100 billion in revenue by 2027, ahead of previous projections.
There are more than 1,500 active unicorns that have raised roughly $1 trillion in venture capital funding, according to PitchBook data.
CFO Yoshimitsu Goto said on an earnings call that SoftBank’s divestment had “nothing to do with Nvidia itself.”
As startups choose to stay private even as their valuations reach eye-popping levels, investors want a peek behind the private-market curtain.
The $38 billion deal with Amazon is somehow small potatoes compared to some of OpenAI’s other gigantic agreements.
The White House hinted early Wednesday morning that Nvidia may regain greater access to the massive Chinese market.
After long deliberations, OpenAI is finally transforming from a non-profit entity into a for-profit company — with Microsoft still involved.
Microsoft wants to patent a system to improve how an LLM writes code in response to requests. One step is learning to recognize good code.
Alibaba last week announced a new chatbot to challenge ChatGPT and new AI-powered smart glasses to challenge Meta.
Life is notoriously tough for those on the bottom rung of the Wall Street ladder, where weeks can stretch up to 100 hours.
Respondents in Bank of America’s October Global Fund Manager Survey cited an AI bubble as the biggest tail risk facing the global economy.
Broadcom is tight-lipped about its client list, but analysts believe its three biggest customers are Google, Meta and Bytedance.
OpenAI will put the chips to work in data centers that’ll power the staggering compute ChatGPT needs to remain everyone’s favorite therapist.