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Discover Daily by Perplexity

A Day of Big Moves: Nvidia's Record Earnings, Google's Gemma, and BuzzFeed's Sale

Feb 22, 2024
03:21
Snipd AI
Today's podcast discusses Nvidia's record earnings powered by AI, Google's Gemma models for developers, and BuzzFeed's sale of Complex Networks. Learn about the Q4 revenue comparison, Gemma's utilization for developers, and the content produced by NTWRK.
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Podcast summary created with Snipd AI

Quick takeaways

  • Nvidia's record earnings driven by AI chips with a 265% revenue increase, primarily fueled by data center sales growth.
  • Google's introduction of Gemma open models for developers, emphasizing performance and ethical AI practices, enhancing innovation in the field.

Deep dives

Nvidia Achieves Record-breaking Revenue with AI Chips

Nvidia has reported a remarkable 265% revenue increase, amounting to $22.1 billion per quarter, surpassing market expectations. The surge is driven by the escalating demand for AI chips, notably for servers, with the data center business witnessing a substantial 409% sales growth, reaching $18 billion. Despite setbacks in the automotive sector, Nvidia's Hopper chips, like the H100, have played a pivotal role in its success. CEO Jensen Huang is optimistic about sustained growth fueled by generative AI and industry shifts.

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