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TLDR: Nvidia, a leading AI chip producer, reported strong financial results with 122% rise in sales and doubled profits in the second quarter. Despite the positive numbers, Nvidia’s stock slumped as Wall Street is becoming more clear-eyed about the actual value of AI and its revenue potential. The thrill of AI is fading on Wall … Read more Nvidia offers a big cookie; Wall Street craves milk.
Summary of Article TLDR: Key Points Yahoo is part of the Yahoo family of brands, including AOL and Yahoo Advertising. When using Yahoo sites and applications, cookies are used for various purposes such as providing the services, authenticating users, and measuring usage. Yahoo, as part of the Yahoo family of brands, uses cookies on their … Read more Nvidia’s stumble won’t stop AI spending: Morning Brief.
TLDR: Researchers at the University of Toronto used artificial intelligence to find a more efficient way to make green hydrogen, a sustainable energy source, by identifying a new catalyst through virtual simulations. The AI program recommended an alloy of ruthenium, chromium, and titanium, which performed 20 times better than the benchmark metal, offering promise for … Read more AI team discovers cost-effective method for producing green hydrogen.
AI Crypto Tokens and Nvidia Earnings TLDR: AI-related tokens slumped as Nvidia’s Q2 earnings beat Wall Street estimates but failed to impress investors. This has led to a drop in the value of tokens such as FET, TAO, and RNDR. Key Elements: Nvidia’s Q2 earnings exceeded expectations but were not enough for investors, leading to … Read more AI crypto tokens shake as Nvidia posts solid but not stellar earnings
TLDR: Google has improved its Imagen 3 AI engine to allow users to create human figures. The new version includes safeguards to prevent the creation of false, violent, or sexual images. The improved version of Google’s image generation engine, Imagen 3, will once again enable users to create human figures using AI. The feature had … Read more Google creating AI human figures, groundbreaking technology on the horizon.
TLDR: Apple is ordering over 10% more iPhones than last year in preparation for the release of their first AI-equipped phones. The tech giant has asked suppliers to prepare components for around 88-90 million smartphones, compared to last year’s initial order of 80 million. Apple is gearing up for the launch of their first AI-equipped … Read more Apple ups iPhone orders by 10% year-over-year on AI forecast.
“`html Nvidia’s Jensen Huang Needs AI to Change the World TLDR: Key Points: Nvidia’s CEO Jensen Huang believes in the world-changing capabilities of AI and how it can transform computing. Nvidia’s profitability is linked to the growing demand for its chips in the AI industry. Article Summary: Nvidia CEO Jensen Huang believes in the transformative … Read more Jensen Huang of Nvidia: AI will reshape the world!
Yale News Article Summary TLDR: Yale University is committing $150 million over the next five years to support faculty, students, and staff in engaging with artificial intelligence (AI). The investment will focus on research infrastructure, providing secure access to generative AI tools, building expertise through faculty hires and seed grants, and promoting innovation and collaboration … Read more Yale boosts AI leadership with $150 million funding announcement.
TLDR: Google will relaunch its AI image generation tool, Imagen 3, on Gemini after pulling the service in February due to inaccuracies. The new tool will not support photorealistic identifiable individuals, depictions of minors, or excessively gory, violent, or sexual scenes. Google has made technical improvements to the product and will continue to listen to … Read more Google reviving AI image creation tool after addressing inaccuracies.