Nvidia earnings, OpenAI vs. Scarlett Johansson, and Meta's new council: AI news roundup
Plus, Microsoft's new AI-powered Recall feature is being investigated by European regulators
Nvidia reported its much awaited earnings for the first quarter of fiscal year 2025 — and they didn’t disappoint. The chipmaker reported a record first-quarter revenue of $26 billion, up 262% from the previous year, and beating Wall Street’s expectations. While some analysts were worried of a pause in demand for the company’s powerful Hopper chips, Nvidia reassured investors demand for its Hopper and new Blackwell chips are outpacing supply — and there are even new chips on the way.
Read about this and other AI news from this week.
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The AI boom and a growing talent shortage has resulted in companies paying AI software engineers a whole lot more than their non-AI counterparts.
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After delivering its closely watched first-quarter earnings report, Nvidia’s stock price opened above $1,000 on Thursday morning. The chipmaker’s shares climbed 11% to about $1,053 during mid-day trading. The company crossed the $1,000 share-price threshold for the first time in after-hours trading on Wednesday evening.
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After delivering its highly anticipated first-quarter earnings report, Nvidia’s stock price opened at above $1,000 Thursday morning.
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Shares of Nvidia rose 12% in afternoon trading on Thursday to $1,060 a share following its hotter-than-expected first-quarter earnings report.
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Nvidia beat Wall Street’s expectations again, reporting a record first-quarter revenue of $26 billion for fiscal year 2025 — up 262% from a year ago.
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Microsoft’s full-throttle push into artificial intelligence technology is getting more scrutiny by regulators worried that the conglomerate is invading consumers’ privacy.
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With the U.S. presidential election approaching, the Federal Communications Commission is proposing rules for transparency around the use of artificial intelligence in campaign ads.
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Mark Zuckerberg has assembled some of his fellow tech chiefs into an advisory council to guide Meta on its artificial intelligence and product developments.
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Ahead of its highly anticipated first-quarter earnings report, Nvidia’s share price was down 0.6% at around $947 Wednesday morning, after closing at a record-high $953.86 the day before. But the chipmaking giant has seen this before.
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Months after Nvidia unveiled the next-generation version of its highly sought-after superchip, one of its largest customers is already swapping out its order for the powerful new successor.
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Last July, OpenAI announced its “Superalignment” team, a unit dedicated to controlling artificial intelligence’s existential dangers — an effort the company said it was dedicating 20% of its computing power to over the next four years. But the company reportedly did not keep its commitments.
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After OpenAI said it was pausing ChatGPT-4o’s Scarlett Johansson-like voice, the actress responded saying she had declined an offer to work with the company, and was “shocked, angered and in disbelief,” the company went ahead with using a voice “so eerily similar” to hers.
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In a new update to its full self-driving (FSD) mode, Tesla is reportedly removing what its drivers call “steering wheel nag.”
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Ahead of the company’s annual developer conference kicking off Tuesday, Microsoft announced its latest push into artificial intelligence with new brand named Copilot Plus PCs. The brand will denote Microsoft laptops that come equipped with AI hardware and support for AI applications.
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OpenAI is reportedly taking away ChatGPT-4o’s Scarlett Johansson-like voice that it says is not meant to be an imitation of the actress.
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For five years, the United States has wielded its trade and sanctioning powers to curb China’s advanced chipmaking efforts — and the situation has become a Cold War between the two nations, argues the first national security analyst to predict the Ukraine-Russia conflict.