Jen-Hsun Huang, chief executive of NVIDIA, on Tuesday dismissed concerns about an artificial intelligence bubble, saying the company's latest chips would generate $500 billion in revenue over the next five quarters. At the GTC conference in Washington, Huang pointed to unprecedented sales growth driven by Blackwell processors and a new generation of Rubin models. The conference highlighted the company's partnerships with companies such as Uber, Palantir and CrowdStrike to integrate AI into a wid...
NVIDIA (NVDA. O) CEO Jen-Hsun Huang on Tuesday dismissed concerns about an artificial intelligence bubble, saying the company's latest chips will generate $500 billion in revenue over the next five quarters. At the GTC conference in Washington, Huang Renxun pointed out that Blackwell processors and a new generation of Rubin models are driving unprecedented sales growth. The conference highlighted the company's cooperation with Uber, Palant...
CalPERS, a California state pension fund, drew mixed reactions from candidates on the topic of cryptocurrency investments at Wednesday's forum, despite its ownership of Bitcoin treasury firm Strategy (formerly MicroStrategy). Among the six candidates vying for a seat on the board of the California Public Employees' Retirement System (CalPERS), opinions were divided when asked whether bitcoin should be included in the $506 billion fund's portfolio. According to its second-quarter 13F filing, CalP...