Nvidia Shares Soar as AI Boom Drives Record Profits and Sales

Prompts Report

May 25, 2023 — 1 min read

Nvidia has recently reported skyrocketing profits and sales due to the AI boom, with shares exploding 28% higher. The company, a leading producer of chips for generative AI, saw a 26% surge in profit to $2 billion, and a 19% rise in sales to $7.2 billion last quarter. CEO Jensen Huang has announced plans to increase the supply of data center products to meet the surging demand. This performance exceeds Wall Street analysts' forecasts and positions Nvidia at the heart of the AI revolution

The AI Video revolution is here

Prompters, It’s been a game-changing few months in the AI video generator world. One major model after another has been released with mind blowing results. Here's one of my tests of the Luma Labs "Dream Machine", which is free to use at the moment and

Google DeepMind Shifts Focus from Research to AI Product Development

In mid-May, Google DeepMind and Google Brain merged to form a unified AI unit, prioritizing the development of commercial AI products over foundational research. This move aims to leverage AI breakthroughs for practical applications, despite initial setbacks such as the problematic launch of Google’s AI Overviews. The reorganization seeks

Apple Intelligence Unveiled

Check out the insane opening scene in the video below: Apple WWDC 2024: Highlights from the Big Event Welcome to Prompts Report, where we bring you the latest in tech news with a focus on AI and innovation. Today, we're covering the key announcements from Apple's

Perplexity AI’s new feature will turn your searches into shareable pages | TechCrunch

Perplexity AI’s new feature will turn your searches into shareable pages | TechCrunchAI-powered summaries of web pages are a feature that you will find in many AI-centric tools these days. The next step for some of these tools is toTechCrunchIvan Mehta

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The AI Video revolution is here

Google DeepMind Shifts Focus from Research to AI Product Development

Apple Intelligence Unveiled

Perplexity AI’s new feature will turn your searches into shareable pages | TechCrunch