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Nvidia Shows, Again, Its Real AI Moneymaker
The Information www.theinformation.com
As the tech world remained riveted by the OpenAI soap opera, the real artificial intelligence money machine was demonstrating the fine art of printing greenbacks. That would be Nvidia, which reported on Tuesday that its revenue soared 206% in the October quarter, to $18.1 billion from $5.9 billion a year earlier. That’s what happens when you essentially corner the market for the specialized AI chips that are a must-have commodity for tech firms right now. And this growth is continuing. …
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