nvidia Nvidia Reports Record Revenue as AI Chip Demand Skyrockets Nvidia posts stunning quarterly results driven by massive demand for its artificial intelligence chips, sending its stock soaring. The tech giant raises its guidance as companies race to build out AI infrastructure.
nvidia Nvidia Stock Skyrockets as AI Demand Fuels Historic Market Cap Surge Nvidia shares soar 24% in a single day, adding $184 billion in market value after the chipmaker projects massive revenue growth driven by the artificial intelligence boom.
nvidia Nvidia Stock Surges 28% as AI Chip Demand Skyrockets Nvidia reports massive profit and sales gains that smash Wall Street expectations, driven by an explosive demand for its artificial intelligence chips. The chipmaker's phenomenal growth temporarily lifts the broader stock market amid debt ceiling concerns.
data centers Tech Giants Turn to AI to Improve Data Center Safety and Efficiency Microsoft and Meta are leveraging artificial intelligence to predict and prevent safety hazards in their data centers, following a similar push by Google. These AI systems analyze operational data to anticipate dangerous conditions and optimize server performance.
nvidia Nvidia Unveils First Grace CPU Superchip and Hopper H100 Data Center GPU Nvidia introduces its first-ever discrete Grace CPU Superchip alongside the powerful Hopper H100 GPU, both designed specifically for data centers and artificial intelligence workloads rather than consumer gaming.
facebook Facebook Outage Caused by Router Command Bug, Disconnecting Global Network A routine maintenance command accidentally severs Facebook's global backbone network after a bug in an audit tool fails to stop the error.
amazon Amazon Web Services Cloud Revenue Accelerates to 37% in Second Quarter Amazon Web Services reports $14.81 billion in second-quarter revenue, surpassing analyst expectations with accelerated year-over-year growth. The cloud unit continues to generate the majority of Amazon's operating income despite a slight dip in overall company stock prices.
arm holdings Arm Reaches $65 Billion Valuation in Largest Tech IPO Since 2021 British chip designer Arm debuts on the Nasdaq with a massive $65 billion market cap, signaling a potential revival of the tech IPO market. Major tech giants back the company as it aims to expand beyond smartphones into data centers and automotive sectors.
nvidia NVIDIA Leverages ARM Acquisition to Build Comprehensive Computing Empire NVIDIA integrates ARM's chip designs into its expanding hardware portfolio, targeting data centers, edge computing, and smartphones. The GPU giant evolves into a full-spectrum computing leader with advanced AI capabilities.
nvidia Nvidia's $40 Billion Arm Acquisition Cements AI Dominance Nvidia acquires Arm for $40 billion to extend its artificial intelligence supremacy from massive data centers down to mobile phones and everyday smart devices.
microsoft teams Remote Work Platforms Surge in Popularity Amid Global Pandemic Video conferencing and collaboration tools like Microsoft Teams, Slack, and Zoom experience massive user growth as the coronavirus outbreak forces millions to work from home.
google cloud Google Cloud Unveils Bare Metal Solution for Enterprise Databases Google Cloud introduces a fully managed Bare Metal Solution that lets enterprises run specialized workloads like Oracle databases on certified hardware inside Google's data centers. This new service provides a seamless bridge to the cloud without incurring egress fees.
nuvia Former Apple and Google Chip Designers Launch Nuvia With $53 Million A new Santa Clara-based startup called Nuvia raises $53 million in Series A funding to tackle the growing demand for data center processing power. The company is founded by three former star chip designers from Apple and Google.
edge computing Edge Computing Startup Pensando Raises $145M, Takes on AWS Nitro Founded by former Cisco engineers, Pensando emerges from stealth mode with $278 million in total funding to challenge Amazon Web Services Nitro. The startup claims its edge computing platform performs up to nine times better than its biggest rival.
darpa DARPA Launches FastNIC Program to Fix Supercomputer Data Bottlenecks DARPA aims to increase network interface speeds by a factor of 100 to keep up with modern processors and memory. The new FastNIC program targets the critical bottleneck that currently limits data sharing in supercomputers and data centers.