AI data centers – Charm

Trump’s AI strategy trades guardrails for growth in race against China

Cs news5 days ago018 mins

The Trump administration published its much-anticipated AI Action Plan on Wednesday, a document that takes a sharp shift away from former President Biden’s cautious approach to addressing the risks of AI, and instead barrels ahead with plans to build out AI infrastructure, cut red tape for tech companies, shore up national security, and compete with China. …

Finance

Nvidia, Snowflake and BEN Ride AI Surge in Q3

Cs news8 months ago8 months ago06 mins

Nvidia reported Q3 revenue of $35.1 billion, up 94% from last year with data center sales reaching $30.8 billion. Fellow tech firms showed mixed results, with Snowflake growing 29% to $900 million in revenue, while artificial intelligence (AI) startup BEN recorded $50,000 in its first significant quarterly sales amid mounting losses. Nvidia’s Results Hit $35.1B…