John Rewich
👤 SpeakerAppearances Over Time
Podcast Appearances
NVIDIA has become the world's biggest company by selling the most coveted chips for artificial intelligence data centers.
The company says last quarter its sales grew 73% year on year and its profits leapt 94% to $43 billion.
This comes at a time when markets have been jittery about whether major spending on AI across the industry will translate into profits.
NVIDIA CEO Jensen Huang says AI has fundamentally changed computing and spending on it is the path to profit and growth.
But his company is under immense pressure.
NVIDIA's share price popped in after-hours trading following the earnings report, but quickly slipped back to about where it was before.
OpenAI, the maker of ChatGPT, had an ad about its computer coding assistant.
Google ran one that showed AI making realistic images.
Meta showed off its Oakley AI glasses.
And Anthropic, which makes a chatbot called Claude, took a dig at OpenAI, which recently started testing ads in ChatGPT.
None of those or any of the others that focused on or used AI did particularly well with viewers.
That's according to USA Today's Ad Meter ratings.
The top ad there was for Budweiser, and it featured a Clydesdale horse and a bald eagle.
OpenAI, the maker of ChatGPT, had an ad about its computer coding assistant.
Google ran one that showed AI making realistic images.
Meta showed off its Oakley AI glasses.
And Anthropic, which makes a chatbot called Claude, took a dig at OpenAI, which recently started testing ads in ChatGPT.