Sees 100x To 1000x Compute Demand Surge — $3–$4 Trillion 'Opportunity' For Nvidia

Sees 100x To 1000x Compute Demand Surge — $3–$4 Trillion ‘Opportunity’ For Nvidia

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Chipmaker NVIDIA Corp.’s (NASDAQ:NVDA) CEO, Jensen Huang, announced an optimistic vision for the future of artificial intelligence during the company’s second-quarter earnings call on Wednesday. During the call, Huang framed AI as “a new industrial revolution,” highlighting its…

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Eliza Labs Sues X, Accuses Elon Musk’s Platform of Copying AI and Cutting Them Off

In brief Eliza Labs sued X Corp., alleging theft of AI tech and anti-competitive deplatforming. A legal expert said that Eliza Labs’ open-source status weakens IP claims, but unfair practices may hold. Eliza Labs seeks damages, reinstatement, and profits from allegedly misused technology. Eliza Labs and its founder, Shaw Walters, are suing Elon Musk’s X,…

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Alibaba Joins Chip Race As Nvidia Faces China Curbs

Alibaba Joins Chip Race As Nvidia Faces China Curbs

This article first appeared on GuruFocus. Alibaba (NYSE:BABA) is stepping deeper into the AI chip race, rolling out a new processor that’s more versatile than its older designs, the Wall Street Journal reported. The chip is built for AI inference letting trained models analyze new data and unlike most homegrown rivals, it works with Nvidia’s(NASDAQ:NVDA)…

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Lawyers demand Border Patrol release firefighter arrested while battling Washington wildfire

SEATTLE (AP) — Lawyers are demanding the release of a longtime Oregon resident arrested by Border Patrol while fighting a Washington state wildfire, saying Friday that the firefighter was already on track for legal status after helping federal investigators solve a crime against his family. His arrest was illegal, the lawyers said, and violated Department…

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