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NVIDIA is (really) profiting from the AI boom

engadget.com Unknown 2025-10-29 15:30:44

NVIDIA has revealed that its revenue for the second quarter ending on July 27 rose 56 percent compared to the same period last year, and that's without shipping any H20 chips to China. It reported a revenue of $46.7 billion and a net income of $26.4 billion. As CNBC has noted, the company previously said that H20 shipments to China could have added $8 billion in sales to its second quarter figures. Instead, the company was only able to release $180 million worth of the chips to a customer outsid

Topics: china company h20 quarter revenue

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The startup bubble that no one is talking about

news.ycombinator.com Unknown 2025-10-29 13:51:30

The startup bubble that no one is talking about August 28, 2025 Figure 1 Above is a graph that displays the amount of Form Ds filed, where the entity (read: company/firm) name contains the phrases "fund I", "fund II", "fund III", and "fund IV". The x-axis is not the prettiest, but it is broken down by quarter. You can see that the line for "fund I" sees by far the greatest peak around quarter 3 of 2022, with a steep drop off immediately after. The other lines have a similar, but less pronounc

Topics: companies form fund funds venture

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Microsoft fires two employee protesters who occupied its president’s office

theverge.com Tom Warren 2025-10-29 03:48:10

is a senior editor and author of Notepad , who has been covering all things Microsoft, PC, and tech for over 20 years. Posts from this author will be added to your daily email digest and your homepage feed. Microsoft has fired two employees that were involved in a sit-in protest in vice chair and president Brad Smith’s office. Software engineers Riki Fameli and Anna Hattle were both dismissed today, after being part of a group of seven protesters that managed to get inside Smith’s office in Bu

Topics: arrested company group microsoft smith

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AI adoption linked to 13% decline in jobs for young U.S. workers, Stanford study reveals

cnbc.com Shreya Ghosal Dylan Butts 2025-10-30 04:16:01

A Standford study has found evidence that the widespread adoption of generative AI is impacting the job prospects of early career workers. There is growing evidence that the widespread adoption of generative AI is impacting the job prospects of America's workers, according to a paper released on Tuesday by three Stanford University researchers. The study analyzed payroll records from millions of American workers, generated by ADP, the largest payroll software firm in the U.S. The report found

Topics: ai employment market study workers

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3 problems with Google’s AI energy use data

technologyreview.com Casey Crownhart 2025-10-30 03:00:00

“We’re not comfortable revealing that for various reasons,” Dean told me on our call. The total number is an abstract measure that changes over time, he says, adding that the company wants users to be thinking about the energy usage per prompt. But there are people out there all over the world interacting with this technology, not just me—and what we all add up to seems quite relevant. OpenAI does publicly share its total, sharing recently that it sees 2.5 billion queries to ChatGPT every day.

Topics: ai company energy people think

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Did Nvidia Just Pop an AI Bubble? Here’s What the Market Says

gizmodo.com Riley Gutiérrez Mcdermid 2025-10-30 03:46:19

Lukewarm second quarter results from AI powerhouse Nvidia (NVDA) Wednesday have Wall Street bros and the analysts that love them catching all kinds of feelings. Long a bellwether for how the market views AI in general, the largest company in the world carries enough weight in its $1 trillion valuation to move entire indexes, let alone the tech sector. That was especially the case over the last two weeks, when handwringing over what Nvidia would say in its second quarter results on Aug. 27 reac

Topics: ai company market nvidia spending

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Microsoft fires two employees over breaking into its president’s office

cnbc.com Dylan Butts 2025-10-30 02:56:42

Pro-Palestinian demonstrators hold banners and signs as they protest outside the Microsoft Build conference at the Seattle Convention Center in Seattle, Washington on May 19, 2025. Microsoft on Thursday said that it had terminated two employees who broke into President Brad Smith's office earlier this week. The news comes after seven current and former Microsoft employees on Tuesday held a protest in the company's building in Redmond, Washington, in opposition to the Israeli military's alleged

Topics: apartheid azure company employees microsoft

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OpenAI Says It's Scanning Users' ChatGPT Conversations and Reporting Content to the Police

futurism.com Unknown 2025-10-30 00:05:11

For the better part of a year, we've watched — and reported — in horror as more and more stories emerge about AI chatbots leading people to self-harm, delusions, hospitalization, arrest, and suicide. As the loved ones of the people impacted by these dangerous bots rally for change to prevent such harm from happening to anyone else, the companies that run these AIs have been slow to implement safeguards — and OpenAI, whose ChatGPT has been repeatedly implicated in what experts are now calling "A

Topics: chatgpt company harm openai users

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Nvidia results show spending on A.I. infrastructure remains robust

news.ycombinator.com Tripp Mickle 2025-10-30 05:11:27

“The last year, A.I. has made tremendous progress,” Jensen Huang, Nvidia’s chief executive, said during a call with analysts. He said the company’s chips would benefit as spending on A.I. infrastructure increased to $3 trillion to $4 trillion by the end of the decade. “We’re in the beginning of this build-out,” he said. Shares of Nvidia fell more than 2 percent in after-hours trading. The decline, even when the company now posts quarterly profits bigger than tech peers like Apple and Meta, spo

Topics: chips company nvidia said tech

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OpenAI Says It's Scanning Users' Conversations and Reporting Content to the Police

futurism.com Unknown 2025-10-30 10:05:11

For the better part of a year, we've watched — and reported — in horror as more and more stories emerge about AI chatbots leading people to self-harm, delusions, hospitalization, arrest, and suicide. As the loved ones of the people impacted by these dangerous bots rally for change to prevent such harm from happening to anyone else, the companies that run these AIs have been slow to implement safeguards — and OpenAI, whose ChatGPT has been repeatedly implicated in what experts are now calling "A

Topics: chatgpt company harm openai users

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AI Bubble Watch: Nvidia Shares Skid on Middling Q2 Results

gizmodo.com Ece Yildirim 2025-10-30 09:21:24

Nvidia reported mixed second quarter earnings on Wednesday, meeting some market expectations but missing others. The company posted revenue of $46.74 billion, up 56% from a year ago. The number is higher than the $45 billion Nvidia shared in earnings guidance last quarter, and is just barely above the projected market consensus of $46.23 billion, according to Bloomberg. Adjusted earnings per share came in at $1.05, above the average market estimate of $1.01. Roughly $41.1 billion of that reve

Topics: billion company earnings market nvidia

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OpenAI Admits Safety Controls ‘Degrade,’ As Wrongful Death Lawsuit Grabs Headlines

gizmodo.com Ece Yildirim 2025-10-30 11:28:46

ChatGPT’s safety guardrails may “degrade” after long conversations, the company that makes it, OpenAI, told Gizmodo Wednesday. “ChatGPT includes safeguards such as directing people to crisis helplines and referring them to real-world resources. While these safeguards work best in common, short exchanges, we’ve learned over time that they can sometimes become less reliable in long interactions where parts of the model’s safety training may degrade,” an OpenAI spokesperson told Gizmodo. In a blo

Topics: ai chatgpt company openai raine

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Delivery Companies Around the World Stop Shipments to the US: Here's Who's Affected

cnet.com See Full Bio 2025-10-30 09:45:51

Primary shipping services, including the European branch of DHL, multiple European state postal services, Australia Post, Japan Post and Taiwan's state postal service, have stopped shipping consumer goods of varying amounts (over $100 in some cases) to the US. The pause is currently expected to be temporary as countries respond to the latest US tariff measures, but could have a significant impact on US businesses selling anything from Taiwanese GPUs and Japanese card packs to European electronic

Topics: companies currently european services shipping

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Crystal Dynamics announces layoffs, but says Tomb Raider will not be impacted

engadget.com Unknown 2025-10-30 14:59:48

Crystal Dynamics, the studio behind the recent Tomb Raider games, announced an unspecified number of layoffs today. In a post on LinkedIn, the game developer kept the size of the cuts vague, only stating that "a number of our talented colleagues" would be impacted. In what's becoming an all-too-familiar refrain, the company cited "evolving business conditions" as the reason for the layoffs. "This decision was not made lightly," the post reads. "It was necessary, however, to ensure the long-term

Topics: company layoffs number post studio

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Google has eliminated 35% of managers overseeing small teams in past year

news.ycombinator.com Jennifer Elias 2025-10-30 15:16:56

Google has eliminated more than one-third of its managers overseeing small teams, an executive told employees last week, as the company continues its focus on efficiencies across the organization. "Right now, we have 35% fewer managers, with fewer direct reports" than at this time a year ago, said Brian Welle, vice president of people analytics and performance, according to audio of an all-hands meeting reviewed by CNBC. "So a lot of fast progress there." At the meeting, employees asked Welle

Topics: company employees google managers said

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Nvidia reports record sales as the AI boom continues

techcrunch.com Russell Brandom 2025-10-30 15:18:39

Nvidia, the world’s most valuable company, reported another quarter of sustained sales growth in its earnings statement Wednesday, with $46.7 billion in revenue, a 56% increase compared to the same period last year. That growth was largely fueled by AI-dominated data center business, which saw a 56% year-over-year increase in revenue. Nvidia also saw its net income grow substantially since last year. The company reported a net income of $26.4 billion in the second quarter, a 59% spike since the

Topics: china company disrupt nvidia quarter

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MongoDB stock surges 37% after earnings as company touts customer growth boom

cnbc.com Annie Palmer 2025-10-30 19:00:46

MongoDB shares skyrocketed 37% on Wednesday after the database software company posted better-than-expected fiscal results and gave an upbeat forecast. Here's how the company did in comparison with LSEG consensus: Earnings per share: $1.00 adjusted vs. 66 cents expected $1.00 adjusted vs. 66 cents expected Revenue: $591 million vs. $556 million expected MongoDB's revenue increased 24% from a year ago in the fiscal second quarter that ended July 31. The company had a net loss of $47.04 millio

Topics: company expected million mongodb year

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Nvidia Shares Skid As Data Center Q2 Revenue Disappoints

gizmodo.com Ece Yildirim 2025-10-30 19:21:24

Nvidia reported mixed second quarter earnings on Wednesday afternoon, meeting some market expectations but missing others. The company posted revenue of $46.74 billion, up 56% from a year ago. The number is higher than the $45 billion Nvidia shared in earnings guidance last quarter, and is just barely above the projected market consensus of $46.23 billion, according to Bloomberg. Adjusted earnings per share came in at $1.05, above the average market estimate of $1.01. Roughly $41.1 billion of

Topics: billion company earnings market nvidia

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911 centers are so understaffed, they’re turning to AI to answer calls

techcrunch.com Marina Temkin 2025-10-30 19:42:12

When Max Keenan joined Y Combinator’s summer 2022 batch, he was working on Aurelian, a company that automated appointment bookings for hair salons. But less than a year later, a conversation with one of his clients led him to a far more significant problem. A nearby school’s carpool line was constantly blocking the parking lot of one of Aurelian’s hair salon clients. The salon owner called the city’s non-emergency line and was put on hold for 45 minutes before reaching a dispatcher. “She called

Topics: ai aurelian company disrupt emergency

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Founder of IRL social media app charged with defrauding investors

cnbc.com Chris Eudaily 2025-10-30 23:49:42

The founder of the company behind the IRL social media app was charged with defrauding investors of $170 million in the company's 2021funding round, the Department of Justice said Wednesday. A federal grand jury in the Northern District of California indicted Abraham Shafi, 38 of Hawaii, with wire fraud, securities fraud and obstruction in connection with the scheme, the DOJ said. Shafi was the CEO of Get Together, the parent company of IRL. The company was valued at $1 billion after its 2021

Topics: company doj luxury said shafi

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People With Ties to Trump Accused of Carrying Out ‘Covert’ Influence Operations in Greenland

gizmodo.com Lucas Ropek 2025-10-30 23:10:03

Earlier this year, the Trump administration raised eyebrows and inspired scoffs when it announced it wanted to buy Greenland. Since then, the government has ignored the laughs and continued to pursue its stated objective. Now, a new report from a Danish news outlet alleges that multiple Americans with direct ties to Trump have been engaged in covert “influence operations” aimed at Greenlanders. The purpose of these propaganda efforts is to sow division between the Nordic territory and its parent

Topics: danish denmark greenland territory trump

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FBI says China’s Salt Typhoon hacked at least 200 US companies

techcrunch.com Zack Whittaker 2025-10-30 23:39:40

A Chinese-backed hacking campaign that previously hacked into nine U.S. telecommunication and internet providers is now confirmed to have hacked at least 200 American companies, according to the FBI’s top cyber chief. FBI Assistant Director Brett Leatherman told The Washington Post that the hackers, dubbed Salt Typhoon, also broke into companies in 80 countries, revealing for the first time the global scale of the Chinese spying campaign. Leatherman didn’t name the hacked companies. AT&T, Veri

Topics: chinese companies fbi hacked leatherman

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Google has eliminated 35% of managers overseeing small teams in past year, exec says

cnbc.com Jennifer Elias 2025-10-31 03:29:49

Google has eliminated more than one-third of its managers overseeing small teams, an executive told employees last week, as the company continues its focus on efficiencies across the organization. "Right now, we have 35% fewer managers, with fewer direct reports" than at this time a year ago, said Brian Welle, vice president of people analytics and performance, according to audio of an all-hands meeting reviewed by CNBC. "So a lot of fast progress there." At the meeting, employees asked Welle

Topics: company employees google managers said

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Trump administration suspends FEMA employees who warned about disaster response

theverge.com Justine Calma 2025-10-31 03:37:15

is a senior science reporter covering energy and the environment with more than a decade of experience. She is also the host of Hell or High Water: When Disaster Hits Home , a podcast from Vox Media and Audible Originals. Posts from this author will be added to your daily email digest and your homepage feed. FEMA has suspended at least 30 employees after they warned that spending limits, staffing cuts, and gaps in leadership hurt the agency’s ability to respond to disasters. The employees rece

Topics: agency employees fema leadership letter

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How much RAM do you actually need in 2025? I broke it down for Windows and Mac users

zdnet.com Cesar Cadenas 2025-10-31 07:53:00

Kerry Wan/ZDNET Follow ZDNET: Add us as a preferred source on Google. ZDNET's key takeaways RAM is an important hardware resource that allows a computer to perform optimally and at fast speeds. Escalating computing demands have made 16GB of RAM the new standard for PCs and laptops if they are to continue performing at their best. Even then, 16GB of memory may not be enough for certain users, so it's important to know when to upgrade. I used to struggle when shopping for a new computer. Ove

Topics: 16gb computer laptop memory ram

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Meta’s Already Bleeding AI Talent Two Months Into Hiring Spree

gizmodo.com Ece Yildirim 2025-10-31 07:45:09

Meta CEO Mark Zuckerberg wants to be the first to achieve AI superintelligence, a type of artificial intelligence that is smarter than the average human, and a concept that some experts are still highly skeptical. To do so, Zuckerberg announced the formation of Meta Superintelligence Labs in late June, a team dedicated to helping AI catch up to and beat its peers in the AI race. With that, he sparked a multi-million dollar hiring frenzy. Meta began poaching talent from competitors, the main ta

Topics: ai company meta openai superintelligence

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I Took Over 4,000 Photos With Hasselblad's X2D II Camera. These Are My Best

cnet.com Andrew Lanxon 2025-10-31 04:45:00

The Hasselblad X2D II 100C is one of the most accomplished stills cameras you can buy today. Featuring a massive medium-format sensor at its heart, the camera can capture huge 100-megapixel images with an incredible 15.3 stops of dynamic range, giving you endless scope to rescue highlights or lift shadows in editing. It provides up to 10 stops of image stabilization, allowing you to take hand-held photos with shutter speeds up to, and beyond, a second in length. There's also the faster lidar au

Topics: camera cameras images impressed stops

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Online Age Verification Rules Are Popping Up Everywhere. Here's What You Need to Know

cnet.com See Full Bio 2025-10-31 05:43:44

The internet is full of perils -- this we know. Among the rich trove of content we have at our fingertips is a combination of legal material, illegal material and material that falls into a gray area -- often referred to in vague terms as "harmful." This is the kind of content that might be appropriate for anyone with a fully developed prefrontal cortex to view but that you wouldn't necessarily want your kids stumbling across. In the past, accessing such content has been easy, regardless of ag

Topics: age companies content people verification

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Microsoft’s employee protests have reached a boiling point

theverge.com Tom Warren 2025-10-31 07:30:00

is a senior editor and author of Notepad , who has been covering all things Microsoft, PC, and tech for over 20 years. Some Microsoft employees are willing to risk everything to protest their employer. No Azure for Apartheid, a group led by current and former Microsoft employees, started last year as a petition to Microsoft executives. It demanded that Microsoft end all Azure contracts and partnerships with the Israeli military and government, disclose all ties, call for a ceasefire in Gaza, an

Topics: conference employees group microsoft protesters

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The Boring Company is finally testing Tesla’s ‘Full Self-Driving’ in its Las Vegas tunnels

techcrunch.com Sean O'Kane 2025-10-31 07:40:38

In Brief Elon Musk’s The Boring Company is finally testing Full Self-Driving (Supervised), the advanced driver assistance system created by Tesla, in the tunnels that connect Las Vegas’ Convention Center to a few nearby hotels, according to Fortune. Steve Hill, the CEO of the Las Vegas Convention and Visitors Authority, told the outlet that The Boring Company has been doing tests of the software for a few months now in Tesla vehicles with only safety drivers onboard. But any widespread use of

Topics: boring company hill tesla tunnels

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Latest Tech News

NVIDIA is (really) profiting from the AI boom

The startup bubble that no one is talking about

Microsoft fires two employee protesters who occupied its president’s office

AI adoption linked to 13% decline in jobs for young U.S. workers, Stanford study reveals

3 problems with Google’s AI energy use data

Did Nvidia Just Pop an AI Bubble? Here’s What the Market Says

Microsoft fires two employees over breaking into its president’s office

OpenAI Says It's Scanning Users' ChatGPT Conversations and Reporting Content to the Police

Nvidia results show spending on A.I. infrastructure remains robust

OpenAI Says It's Scanning Users' Conversations and Reporting Content to the Police

AI Bubble Watch: Nvidia Shares Skid on Middling Q2 Results

OpenAI Admits Safety Controls ‘Degrade,’ As Wrongful Death Lawsuit Grabs Headlines

Delivery Companies Around the World Stop Shipments to the US: Here's Who's Affected

Crystal Dynamics announces layoffs, but says Tomb Raider will not be impacted

Google has eliminated 35% of managers overseeing small teams in past year

Nvidia reports record sales as the AI boom continues

MongoDB stock surges 37% after earnings as company touts customer growth boom

Nvidia Shares Skid As Data Center Q2 Revenue Disappoints

911 centers are so understaffed, they’re turning to AI to answer calls

Founder of IRL social media app charged with defrauding investors

People With Ties to Trump Accused of Carrying Out ‘Covert’ Influence Operations in Greenland

FBI says China’s Salt Typhoon hacked at least 200 US companies

Google has eliminated 35% of managers overseeing small teams in past year, exec says

Trump administration suspends FEMA employees who warned about disaster response

How much RAM do you actually need in 2025? I broke it down for Windows and Mac users

Meta’s Already Bleeding AI Talent Two Months Into Hiring Spree

I Took Over 4,000 Photos With Hasselblad's X2D II Camera. These Are My Best

Online Age Verification Rules Are Popping Up Everywhere. Here's What You Need to Know

Microsoft’s employee protests have reached a boiling point

The Boring Company is finally testing Tesla’s ‘Full Self-Driving’ in its Las Vegas tunnels

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