Tag Archives: Boom

Last week, Nvidia Corp. NVDA reported second quarter earnings that exceeded analysts’ forecasts. However, the focus shifted to two undisclosed customers who made up a substantial 39% of the company’s revenue. Referred to as “Customer A” and “Customer B” in Nvidia’s SEC filing, these clients were responsible for 23% and 16% of Nvidia’s Q2 revenue, respectively. This marks a significant …

Builder.ai’s $1.5B rise and collapse highlights fragility of AI boom  Seeking Alpha How Builder.ai Collapsed Amid Silicon Valley’s Biggest Boom  The New York Times Builder.ai’s $1.5B Valuation and Bankruptcy: A Cautionary Tale of AI’s Fragility  AInvest Source link

How Builder.ai Collapsed Amid Silicon Valley’s Biggest Boom  The New York Times Source link

(Reuters) -Dell Technologies raised annual revenue and profit forecasts on Thursday, buoyed by demand for its artificial intelligence-optimized servers that are powered by Nvidia‘s advanced chips. Shares fell more than 4% in extended trading as Dell’s third-quarter profit outlook was below analysts’ estimates. Rising demand for AI servers, capable of handling computational needs of AI workloads, is benefiting companies such …

Nvidia CEO says AI boom far from over after tepid sales forecast  Reuters Nvidia CEO Jensen Huang Says AI Race Is Just Starting, Sees $4 Trillion Market Ahead  TipRanks Even Nvidia Has Speed Limits  MSN Nvidia: Tech bubble seems safe so long as AI demand remains high  Sky News Nvidia Forecasts Decelerating Growth After Two-Year AI Boom  Bloomberg Source link

No one is expecting a global boom. This former hedge-fund manager says it’s coming and has a way to play it.  MarketWatch Source link

Worker bees feeding in the lab, Oxford Bee Lab. Credit: Caroline Wood Scientists have created a groundbreaking bee “superfood” by engineering yeast to produce six essential sterols normally found in pollen. Colonies given this lab-made diet reared up to 15 times more young than those on standard feeds, thriving with a nutrient profile almost identical to naturally foraged diets. The …

A sonic boom advisory has been issued ahead of SpaceX’s planned launch Tuesday from Vandenberg Space Force Base. The launch of the OHB Italia’s NAOS spacecraft has a 27-minute launch window opening at 11:53 a.m. If the launch does not happen during that time, another opportunity will be available at the same time on Wednesday. About eight minutes after liftoff, …

Last fall, for the first time since Hurricane Katrina, New Orleans’ school district opened a new school of its own, The Leah Chase School. Emily Kask for NPR/‎ hide caption toggle caption Emily Kask for NPR/‎ When charter schools began replacing public schools in New Orleans after Hurricane Katrina, Mary McLeod Bethune Elementary was one of the city’s holdouts. “I …

For years Big Oil producers chased U.S. shale profits with big spending hikes while seeking something even more elusive than the next big gusher: steady, sustained profitability. Now Chevron, long the industry’s No. 2 player, believes it hit upon a formula for just that. Leaning on West Texas’ booming Permian Basin, Chevron says its combination of sheer scale and technology …