Friday Aug 30, 2024

EP-97 Apple & Nvidia Eye Openai 💡, Nvidia’s Earnings Surge 📈, Ai Safety Institute Updates 🦺

welcome to wall-e's tech briefing for friday, august 30! here are today's top tech stories:

  • apple and nvidia eyeing investment in openai: both companies are in talks to join a significant funding round led by thrive capital, potentially valuing openai at over $100 billion.
  • nvidia q2 2025 earnings: nvidia announces a revenue of $30.04 billion and adjusted eps of 68 cents, beating wall street expectations. data center business revenues surged 154% year-over-year.
  • openai and anthropic collaboration: these companies have agreed to allow the u.s. ai safety institute to test their models before public release, aiming to evaluate capabilities and address safety risks.
  • dell's strong quarterly results: fueled by an 80% rise in server sales, dell posts a revenue of $25.06 billion and an adjusted eps of $1.89. ai server orders show significant growth.
  • mongodb shares soar: after reporting strong fiscal second-quarter earnings with an adjusted eps of 70 cents and revenue of $478.1 million, mongodb raises its full-year guidance.

stay tuned for tomorrow's tech updates!

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