Nvidia’s Profit Jumps 80 Percent as Company Rides Tech’s AI Boom
The Silicon Valley company, which dominates the market for chips needed to build A.I. systems, said revenue was up 78 percent from a year earlier.
The Silicon Valley company, which dominates the market for chips needed to build A.I. systems, said revenue was up 78 percent from a year earlier.
Amazon is aiming to catch up in generative artificial intelligence and to reboot its virtual assistant, which has been leapfrogged by powerful chatbots.
The company said it was working to fix the problem after iPhone users began reporting the issue.
The electric-car maker’s stock has had a bumpy ride since the victory of President Trump, who has given Tesla’s chief, Elon Musk, a role in Washington.
The company pledged the multibillion-dollar investment over the next four years and said it would create 20,000 jobs. The Texas facility is set to open in 2026.
The dream of mining metals in deep space crashed and burned in the 2010s. AstroForge’s Odin mission to survey a potentially metallic asteroid is packed and ready to lift off.
Hours after Coinbase said the S.E.C. was dropping a lawsuit against it, another major cryptocurrency exchange reported a potentially record-setting theft.
“Elon Musk is willing to spend a phenomenal amount of money and basically do everything he can to stay with the head of the pack on A.I. progress.”
The end of a court fight with the largest U.S. crypto company would be a big win for an industry that financially backed President Trump.