- Benzinga
Nvidia's First Quarter Results Confirm That The Next Industrial Revolution Is Well Underway
On Wednesday, Nvidia Corporation (NASDAQ: NVDA) reported its fiscal first quarter results, surpassing both top and bottom-line estimates as demand for AI chips remains as robust as ever. Nvidia sales continue to skyrocket as Google, Microsoft Corporation (NASDAQ: MSFT), Meta Platforms (NASDAQ: META), Amazon.com Inc (NASDAQ: AMZN) and Microsoft-backed OpenAI spend billions of dollars to buy its graphics processing units to develop and deploy generative AI applications. During extended trading on
- Yahoo Finance
Nvidia stock pops 9%, tops $1,000 after earnings beat forecasts, announces stock split and dividend hike
Nvidia reported its fiscal first quarter earnings after the bell on Wednesday, beating analysts' expectations on the top and bottom lines while raising its dividend and announcing a 10-for-1 stock split.
- Benzinga
Amazon and AI startup Hugging Face Partner to Enhance AI Model Efficiency
Amazon.com Inc’s (NASDAQ:AMZN) cloud unit announced a partnership with AI startup Hugging Face to simplify running thousands of AI models on Amazon’s custom computing chips. On Wednesday, Amazon and Hugging Face announced a collaboration to enable this on Amazon Web Services (AWS) custom chip called Inferentia2, Reuters reports. Valued at $4.5 billion, Hugging Face has become a key platform for AI researchers and developers to share chatbots and other AI software. Also Read: Amazon Heats Up AI B
