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29 Aug 2024

Nations Building AI Models Fuel Nvidia's Soaring Chip Demand

Nvidia's chip demand surges as countries worldwide invest in developing their own AI models. This trend is driven by concerns over data privacy, national security, and the desire for technological independence.

9 Sources

CrowdStrike's Q2 2025 Earnings Call: Strong Performance Amid Market Challenges

CrowdStrike Holdings, Inc. reported robust Q2 2025 results, showcasing resilience in a challenging market. The cybersecurity firm exceeded expectations with strong revenue growth and improved profitability, while also expanding its product offerings and customer base.

3 Sources

Nvidia's Revenue Guidance Sparks Tech Sell-Off in Asian Markets

Nvidia's disappointing revenue forecast triggers a sell-off in Asian tech stocks, particularly impacting chipmakers. The broader Asian market experiences limited losses as investors remain cautious ahead of the Jackson Hole symposium.

3 Sources

OpenAI Denies Copyright Infringement Allegations in Author Lawsuits

OpenAI, the company behind ChatGPT, has responded to copyright infringement lawsuits filed by authors, denying allegations and asserting fair use. The case highlights the ongoing debate surrounding AI and intellectual property rights.

3 Sources

Super Micro Computer Inc. Faces Investor Scrutiny and Potential Legal Action

Super Micro Computer Inc. is under investigation by multiple law firms for potential securities violations. Investors are encouraged to seek legal counsel regarding possible class action lawsuits.

2 Sources

Salesforce Surpasses Earnings Expectations and Unveils New AI Agents

Salesforce reports strong second-quarter results, beating analyst estimates. The company also introduces new AI agents, signaling a push into advanced artificial intelligence technologies.

2 Sources

LG Unveils ThinQ ON: A Revolutionary AI-Powered Smart Home Hub

LG introduces ThinQ ON, an innovative smart home hub featuring an AI voice assistant. This device aims to revolutionize home automation and user interaction with connected devices.

4 Sources

Veeva Systems Reports Strong Q2 Results, Forecasts Continued Growth

Veeva Systems, a cloud-computing company serving the life sciences industry, has reported robust Q2 2025 financial results. The company's performance exceeded expectations, with notable growth in revenue and earnings, while also providing an optimistic outlook for future quarters.

3 Sources

California's Controversial AI Safety Bill Advances, Awaits Governor's Signature

California's State Assembly has passed a contentious AI safety bill, sparking debate between tech giants and consumer advocates. The bill now heads to Governor Gavin Newsom's desk for final approval.

4 Sources

Arista Networks CTO Kenneth Duda Sells Over $13 Million in Company Stock

Kenneth Duda, Chief Technology Officer and SVP Software Engineering of Arista Networks, has sold a significant amount of company stock. The transaction, valued at over $13 million, has caught the attention of investors and market analysts.

2 Sources

Nvidia's AI Dominance: Record Earnings and Swift Returns on Infrastructure Investment

Nvidia reports unprecedented earnings driven by AI chip demand. The company's strategic investments in AI infrastructure yield rapid returns, solidifying its position as a leader in the AI industry.

2 Sources

Applied Digital and Iris Energy Report Q4 Earnings: Growth Amid Challenges in the Crypto Mining Sector

Applied Digital and Iris Energy, two prominent players in the cryptocurrency mining and data center industry, have released their Q4 2024 earnings reports. Both companies show growth and resilience in a challenging market environment.

3 Sources

NVIDIA Reports Record Revenue, Bullish Outlook on Data Center Growth

NVIDIA's Q2 2025 earnings call reveals record-breaking revenue and strong growth in data center business. The company's CEO, Jensen Huang, expresses optimism about future prospects in AI and accelerated computing.

3 Sources

Meta Executives Sell Significant Shares Amidst Company's Strong Performance

Meta Platforms' top executives, including CEO Mark Zuckerberg, CFO Susan Li, and Chief Legal Officer Jennifer Newstead, have sold substantial amounts of company stock. This series of transactions comes as Meta's stock price continues to show strong performance.

5 Sources

NVIDIA's Blackwell GPU: Production Ramp-Up and CEO's Defense Amid Design Challenges

NVIDIA's next-generation Blackwell GPU is set for production ramp-up in Q4 2024. CEO Jensen Huang addresses design challenges and confirms mask change completion, emphasizing the GPU's potential impact on AI advancements.

3 Sources

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