Its net income rose more than sevenfold compared to a year earlier, jumping to $14.88 billion in its first quarter that ended April 28 from $2.04 billion a year earlier. Revenue more than tripled, rising to $26.04 billion from $7.19 billion in the previous year.
“The next industrial revolution has begun," CEO Jensen Huang declared on a conference call with analysts. Huang predicted that the companies
The company, based in Santa Clara, California, carved out an early lead in the hardware and software needed to tailor its technology to AI applications, partly because founder and CEO Jensen Huang began to nudge the company into what was then seen as a still half-baked technology more than a decade ago. It also makes chips for gaming and cars.
This story is from the May 25, 2024 edition of Techlife News.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the May 25, 2024 edition of Techlife News.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
NASA SAYS MORE SCIENCE AND LESS STIGMA ARE NEEDED TO UNDERSTAND UFOS
NASA said this week that the study of UFOs will require new scientific techniques, including advanced satellites as well as a shift in how unidentified flying objects are perceived.
EUROPEAN UNION ACCUSES FACEBOOK OWNER META OF BREAKING DIGITAL RULES WITH PAID AD-FREE OPTION
European Union regulators accused social media company Meta Platforms of breaching the bloc’s new digital competition rulebook by forcing Facebook and Instagram users to choose between seeing ads or paying to avoid them.
CONFUSED BY ALL THE TIKTOK TRENDS? THIS GLOSSARY MIGHT HELP
Anyone who shops or uses the internet probably has encountered a TikTok trend - whether they know it or not.
CUTTING-EDGE TECHNOLOGY ON SHOW AT EURO 2024 IS CHANGING THE FACE OF SOCCER
From smart-enabled match balls and artificial intelligence to cryogenic recovery chambers, soccer is being transformed by the cuttingedge technology available to players, coaches and officials.
EVER FEEL EXHAUSTED BY SWIPING THROUGH DATING APPS? YOU MIGHT BE EXPERIENCING BURNOUT
While plenty of happy couples can trace their meet-cute moment to an online dating app, many others find the never-ending process of likes, swipes, taps and awkward DMs that go nowhere to be exhausting — leading to a phenomenon known as “dating app burnout.”
NASA ASTRONAUTS WILL STAY AT THE SPACE STATION LONGER FOR MORE TROUBLESHOOTING OF BOEING CAPSULE
Two NASA astronauts will stay longer at the International Space Station as engineers troubleshoot problems on Boeing’s new space capsule that cropped up on the trip there.
JAPAN SUCCESSFULLY LAUNCHES AN ADVANCED EARTH OBSERVATION SATELLITE ON ITS NEW FLAGSHIP H3 ROCKET
Japan successfully deployed an upgraded Earth observation satellite for disaster response and security after it was launched on a new flagship H3 rocket Monday.
US NEW-VEHICLE SALES BARELY ROSE IN THE SECOND QUARTER AS BUYERS BALKED AT STILL-HIGH PRICES
U.S. new-vehicle sales rose only slightly in the second quarter, despite larger discounts and slightly lower prices.
GOOGLE FALLING SHORT OF IMPORTANT CLIMATE TARGET, CITES ELECTRICITY NEEDS OF AI
Three years ago, Google set an ambitious plan to address climate change by going “net zero,” meaning it would release no more climatechanging gases into the air than it removes, by 2030.
AS AI GAINS A WORKPLACE FOOTHOLD STATES ARE TRYING TO MAKE SURE WORKERS DON'T GET LEFT BEHIND
With many jobs expected to eventually rely on generative artificial intelligence, states are trying to help workers beef up their tech skills before they become outdated and get outfoxed by machines that are becoming increasingly smarter.
