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download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. Huang also failed to mention during the meeting when exactly the company's next-generation AI chip, Blackwell will become available, although he said it would be "the most successful product" in Nvidia's history. Nvidia serves over five million developers and 40,000 companies, including thousands of AI companies. Nvidia declined a request for comment from Business Insider.
Persons: , it's, Jensen Huang didn't, Sam Altman, Elon Musk, Huang, Blackwell Organizations: Service, Microsoft, Business, Google, Nvidia
Nvidia CEO Jensen Huang revealed the Rubin platform at Computex in Taipei. The Rubin, named after astronomer Vera Rubin, comes just months after Nvidia unveiled Blackwell. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . CEO Jensen Huang hesitantly revealed Rubin, the company's latest AI platform, at the Computex conference in Taipei on Sunday. The announcement comes less than three months after Nvidia unveiled its predecessor, the Blackwell chip.
Persons: Jensen Huang, Rubin, The Rubin, Vera Rubin, Blackwell, , Jensen Huang hesitantly, Huang didn't Organizations: Nvidia, Service, Sunday, Business Locations: Computex, Taipei
They wanted to find out whether this type of facility already had tools that could remove microplastics from wastewater. In a single pass, their device can remove between 84% and 94% of microplastics in water, according to a press release. On a smaller scale, it could filter microplastics in laundry machines and even fish tanks. In another 2023 study, researchers at Shinshu University tested a similar ultrasound-filtering method to remove microplastics from water. But Ou and Huang say their device is simpler, more efficient, and the first to use ultrasound to block and filter microplastics directly.
Persons: , Victoria Ou, Justin Huang, Huang, Gordon E, Moore, Lisa Fryklund, Huang —, Chris Ayers, Society for Science Huang, Ou, Justin Huang didn't, Chris Ayers Ou, they're Organizations: Service, Mount, Business, Science, Engineering, Google, Environmental Sciences, Society for Science, EPA, ISEF, New Mexico Tech, Technology, Shinshu University Locations: Woodlands , Texas, Mount Everest, Victoria, Los Angeles, Texas, microplastics, Mt, Everest
Nvidia automotive segment primarily sells chip systems for assisted driving. Colette Kress Nvidia's Chief Financial OfficerThe $253 million segment revenue was also well below the $309.3 million forecast by a FactSet analyst poll. Although still a fraction of the chipmaker's business, automotive revenue has grown rapidly from just over $100 million a quarter two years ago. Bloomberg | Bloomberg | Getty ImagesCounterpoint's Wang pointed out that Nvidia's products are concentrated in the high-end automotive segment. Analog Devices on Wednesday reported automotive revenue of $747.6 million for the three months ended July 29, down by 5% from the prior quarter.
Persons: Jensen Huang, Alex Wong, Huang didn't, Colette Kress, Brady Wang, Xpeng, Xpeng's, Xinzhou Wu, Xiaopeng, Huang, Counterpoint's Wang, David Wong Organizations: Nvidia, Getty, Local, Counterpoint Research, Nvidia Nio, Bloomberg, NVIDIA, Robotics, Nomura, Qualcomm, China Passenger Car Association Locations: BEIJING, China, Xpeng, Santa Clara , California
Nvidia (NVDA) reported better-than-expected fiscal 2023 fourth-quarter results after the closing bell Wednesday and a strong current-quarter forecast. As of Wednesday's close, Nvidia has been one of our best performers in 2023, up 42% this year. Essentially, this service provides customers the ability to access an Nvidia DGX super-computer with nothing more than their browsers and allows them to access Nvidia AI Enterprise for "training and deploying large language models or other AI workloads." Guidance Looking ahead to fiscal 2024 first quarter, management forecasted better-than-expected sales, adjusted gross margin and capital expenditures on a non-GAAP basis. Capital Allocation In its fiscal 2023 fourth quarter, Nvidia returned a total of $1.15 billion to shareholders via dividends and buybacks.
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