Tag: nvidia ai chips

Nvidia Fails to Satisfy Lofty Investor Expectations for AI Boom
23Nov By adminNo Comments
Technology

Nvidia Fails to Satisfy Lofty Investor Expectations for AI Boom

[ad_1] Nvidia Corp. investors gave a cool reaction to its latest quarterly report, which blew past average analysts' estimates but failed to satisfy the loftier expectations of shareholders who have bet heavily on an artificial intelligence boom. Revenue in the current period will be about $20 billion, the world's most valuable chipmaker said Tuesday in a statement. Though that topped the average Wall Street prediction of $17.9 billion, some projections reached as high as $21 billion. The shares fell 3% to $484.42 in New York on Wednesday, the biggest intraday drop in three weeks.  We are now on WhatsApp. Click to join While Nvidia posted another quarter of impressive growth, some investors were clearly anticipating more. They have poured money into the stock this year — sending it up...
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5 things about AI you may have missed today: AI data workers demand protection, AI MRI tools, more
24Oct By adminNo Comments
Technology

5 things about AI you may have missed today: AI data workers demand protection, AI MRI tools, more

[ad_1] Today, October 24, turned out to be a pivotal day in the field of artificial intelligence. In the first incident, data workers in the US who are training AI have written an open letter to the policymakers urging them to safeguard their rights and livelihoods. This comes ahead of the second AI Insight Forum which is going to be hosted by the US Senate with AI leaders. In other news, a new study has assessed AI-based imaging techniques to diagnose multiple sclerosis. This and more in today's AI roundup. Let us take a closer look.AI data workers write an open letter to the US SenateIn a letter directed to Senator Chuck Schumer (D-NY), who serves as the Senate Majority Leader, laborers and organizations representing civil society have called upon Congress to protect against a "dystop...
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Nvidia, the world’s newest, AI-amped tech giant
2Jun By adminNo Comments
Technology

Nvidia, the world’s newest, AI-amped tech giant

[ad_1] Nvidia, a chip technology company, became a trillion dollar enterprise this week and the world's newest tech giant. Here are a few key facts about the little-known firm.- Decades-old upstart -Nvidia is not an out-of-the-blue startup. Founded in 1993, Nvidia designs chips that are used in the fastest developing sectors of the tech business: gaming, video-editing, self-driving cars and, now, artificial intelligence. Its technology was also in the mix for the crypto boom. "We had this idea that computer graphics was going to be the driving force of technology and [its] fuel would be video games," co-founder and CEO Jensen Huang said in 2018.Based in California, Nvidia doesn't actually make its own chips, but rather designs them and then outsources the manufacturing to other companie...
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Computex 2023: Intel cedes spotlight at global tech gala to AI darling Nvidia
31May By adminNo Comments
Technology

Computex 2023: Intel cedes spotlight at global tech gala to AI darling Nvidia

[ad_1] When Asia's biggest computing and electronics show kicked off this week, one name was conspicuously absent: Intel Corp. The US chipmaker does not have an official presence at this year's Computex exhibition, an event it once dominated through keynote speeches and an outsized footprint on the show floor. The 2023 edition opened instead with a marathon two-hour showcase by Nvidia Corp. Chief Executive Officer Jensen Huang, a day before it became the first $1 trillion chipmaker in anticipation of a wave of demand for its artificial intelligence processors.Intel, long synonymous with the fastest processors in the world, has seen its all-purpose chips overshadowed by Nvidia's more specialized, parallel-processing architecture that's superior at speeding up AI workloads. Intel rivals t...
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