Nvidia CEO Jensen Huang told CNBC that US export controls on China have hurt his business, but Chinese companies will find ways to innovate.
Nvidia CEO Jensen Huang says everyone should hire a virtual AI-powered tutor — and that within the next 10 years, the tool could help people become “superhuman.”
Collectively, Chinese AI startup DeepSeek wiped out $94 billion from the pockets of tech billionaires. It had debuted a large language model that could match those of rivals such as OpenAI for a fraction of the cost.
Nvidia continues to dominate the AI computing market, reporting a record $130.5 billion in annual revenue, with data centre earnings surging 93%. CEO Jensen Huang predicts next-generation AI will require 100 times more computing power,
It’s well-known that NVIDIA is a cornerstone of the AI boom, but its financial results released on February 26 illustrate exactly how much the company has prospered. NVIDIA saw a 78% year-over-year increase in quarterly revenue, reaching a record $39.3 billion. Quarter-over-quarter, NVIDIA’s revenue grew 12%.
Nvidia Corp more than doubled its data center revenue for the full year, also posting record quarterly growth compared to its peers.