NVIDIA reports staggering $46.7 billion Q2 revenue, up 56% year-over-year, with Gaming revenue at $4.3 billion and Data Center revenue soaring, forecasting $54 billion for Q3 fiscal 2026 amid continued strong demand.
OpenAI collaborates with Broadcom on custom AI chips scheduled for launch in 2024, aiming to meet soaring computing demands and reduce reliance on Nvidia while utilizing the chips internally rather than selling them to customers.
OpenAI projects a staggering $115 billion cash burn by 2029, $80 billion higher than earlier estimates, as soaring costs drive the AI giant to develop its own chips and data centers to power its cutting-edge technology.
The U.S. Navy aggressively develops AI-powered combat assistants and decision aids, integrating machine learning into the AN/BYG-1 submarine combat system for enhanced tactical control, payload integration, and AI-driven decision support in undersea warfare.
In a groundbreaking alliance, Amazon teams up with Anthropic, providing multi-gigawatt Trainium-powered infrastructure for training GenAI models, propelling Anthropic's dominance with a fivefold revenue surge to $5B annualized, outperforming rivals through scaling laws optimization.
Nvidia CEO Jensen Huang unveils 'Jensen's Law' for AI factories, driving performance and cost efficiency; when power is constrained and demand elastic, increases in performance per watt raise monetizable throughput faster than total cost, leading to higher revenue or lower unit costs.
Neuralink's pioneering brain implant allows Noland Arbaugh, the first recipient, to control devices through thought alone, restoring independence and opening new opportunities despite online harassment.
Nvidia faces trial over allegations an engineer inadvertently revealed autonomous driving trade secrets stolen from a former employer, with a judge ruling there is evidence Nvidia benefited from the confidential data.
Dell shatters Q2 projections, fueled by an unprecedented surge in AI server demand, propelling record sales as the tech giant positions itself to capitalize on the AI revolution by doubling AI server shipments to $20 billion in fiscal 2026.
China unveils ambitious 5-year plan to accelerate development of brain-computer interface technology, aiming to create groundbreaking medical devices and consumer products that directly link the brain to computers, with Chinese companies already testing BCI implants in patients.