NVIDIA | ForkLog

ForkLog 32 18.12.2024

Humans Not Required: How AI agents are colonising the internet

One of 2024’s unexpected trends has been a boom in AI agents, which have won favour not only among enthusiasts but also on major marketplaces. Oleg Cash Coin explains how the technology both echoes classic market narratives and reshapes the industry while tackling fiendishly complex tasks. Three pillars of AI evolution Compute, energy and data […]

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ForkLog 10 09.12.2024

AI Tokens Decline Amid China’s Investigation into Nvidia

China has launched an investigation into Nvidia over suspected violations of antitrust laws, according to Bloomberg, citing a report from the country’s Central Television. The media reports that the focus is on the acquisition of Israeli high-speed networking and interconnects manufacturer Mellanox Technologies for $6.9 billion. Beijing approved the deal four years ago on the […]

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ForkLog 19 26.11.2024

Nvidia Unveils AI Model for Audio Generation

Nvidia has unveiled an AI model designed for creating music and audio, capable of altering voices and generating new sounds. The technology, known as Fugatto, is aimed at creators of music, films, and video games. The neural network can generate sound effects and music based on prompts. For instance, it can create “audio of a […]

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ForkLog 19 21.11.2024

Nvidia’s Third-Quarter Earnings Surpass Expectations

Nvidia reported third-quarter earnings that exceeded expectations. The company continues to grow rapidly, as does the demand for its AI chips. Key figures: Revenue of $35.08 billion versus the expected $33.16 billion; Net profit rose to $19.3 billion from $9.24 billion a year earlier; The company plans to achieve approximately $37.5 billion in the fourth […]

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ForkLog 31 04.10.2024

US SEC and DOJ Back Lawsuit Against Nvidia Over Crypto Miner Sales

The class action lawsuit against Nvidia, accusing the company of distorting financial results from graphics card sales to cryptocurrency miners, is set to proceed. This was stated to the US Supreme Court by the Department of Justice and the SEC in a filing. The legal battle has been ongoing since 2018, reaching the highest judicial […]

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ForkLog 12 30.09.2024

Nvidia CEO on AI’s Role in Combating Its Own Dark Side

The most effective way to combat the most egregious uses of artificial intelligence is through the application of even more AI, according to Nvidia CEO Jensen Huang. “To detect the dark side of AI, artificial intelligence will be required. The reason is quite clear: it will quickly generate fake data and false information. Therefore, someone […]

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ForkLog 16 05.09.2024

Nvidia Denies Receiving Subpoena from US Department of Justice

The AI chip manufacturer Nvidia has denied reports of receiving a subpoena from the US Department of Justice related to alleged antitrust violations. This was reported by CNBC, citing a company representative. “We have contacted the US Department of Justice and have not received a subpoena. However, we are happy to answer any questions regulators […]

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ForkLog 16 04.09.2024

Nvidia Shares Plummet Amid US Justice Department Investigation

Nvidia shares recorded their largest single-day drop in history amid a US Justice Department investigation into potential antitrust violations. Authorities have issued subpoenas to Nvidia and other companies to scrutinise the chipmaker’s operations, reports Bloomberg. According to the agency, the Justice Department had previously sent questionnaires to companies and is now issuing legal requests obliging […]

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ForkLog 119 29.08.2024

Nvidia’s Earnings Surpass Expectations, Yet Shares Decline

Nvidia reported revenue of $30.04 billion for the second quarter, exceeding the anticipated $28.7 billion, yet the company’s shares fell by 7% in after-hours trading. Nvidia’s stock performance following the quarterly report. Data: Yahoo Finance. “Better than expected is not good enough for Nvidia. Clearly, investors expect this company to exceed expectations,” remarked market commentator […]

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ForkLog 35 05.08.2024

Nvidia Delays Release of Flagship AI Chips, Reports Say

Nvidia has informed Microsoft and another cloud service provider of a delay in the release of its Blackwell B200 chips by at least three months, according to sources cited by The Information. The postponement is due to a design flaw discovered “unusually late in the production process.” This delay could affect Microsoft, Google, and Meta, […]

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ForkLog 14 02.08.2024

Elliott Management Criticizes Nvidia’s AI Valuation as Overinflated

Nvidia is “in a bubble,” and the AI technology driving the company’s stock price is “overvalued,” according to hedge fund Elliott Management in a letter to clients, reports FT. The firm, which manages assets worth approximately $70 billion, expressed “skepticism” about large tech companies continuing to purchase Nvidia’s graphics processors in significant volumes. “Artificial intelligence […]

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ForkLog 43 19.06.2024

Nvidia Surpasses Microsoft as World’s Most Valuable Company

Nvidia’s shares rose by 3.6% at the close of yesterday’s trading session, elevating the company’s market capitalization to $3.34 trillion. The chip manufacturer surpassed Microsoft ($3.32 trillion) to become the largest publicly traded firm globally. Comparison of stock pricing for Nvidia, Microsoft, and Apple. Source: Reuters. The surge in Nvidia’s market value is driven by […]

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