One-Minute Daily AI News 8/23/2023
One-Minute Daily AI News 8/23/2023

One-Minute Daily AI News 8/23/2023

  1. The chipmaker Nvidia has far surpassed quarterly expectations, raking in $13.5bn in revenue – over $2bn more than the $11.2bn Wall Street analysts had predicted – amid skyrocketing demand for its computer chips that power AI systems.[1] As a person who keeps following AI Daily News, I bought some Nvidia stocks months ago ;)
  2. Microsoft announced it is partnering with Epic, one of the biggest names in electronic healthcare records. Both companies will work on generative AI technology for healthcare workers, particularly clinicians.[2]
  3. Arm, the chip design company owned by SoftBank, filed for an initial public offering on the Nasdaq exchange on Monday.[3]
  4. South Korean internet giant Naver unveiled its own generative artificial intelligence (AI) tool on Thursday, joining the frenzy around the new technology initiated by OpenAI’s ChatGPT chatbot.[4]

Sources:

[1] https://www.theguardian.com/business/2023/aug/23/chipmaker-nvidia-quarterly-report-135bn-revenue-1tn-valuation

[2] https://themessenger.com/tech/microsoft-epic-ai-for-medicine

[3] https://www.nytimes.com/2023/08/21/technology/chip-designer-arm-ipo-softbank.html

[4] https://www.reuters.com/technology/south-koreas-naver-launches-generative-ai-services-2023-08-24/

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