Nvidia's Earnings & Geopolitical Concerns, USA's 10% Intel Stake, MIT Study Dampers AI Hype, & xAI Sues Apple and OpenAI
China fights Nvidia's CUDA moat, USA takes 10% stake in Intel, MIT study worries AI investors, xAI sues Apple & OpenAI, Meta & Midjourney partner, and bee brains inspire AI breakthrough
Nvidia’s Strong Q2 Report Is Clouded by Geopolitical Concerns
Nvidia reported record sales, reaching $46.7 billion in the last quarter. This impressive growth was fueled by the high demand for AI computing, with revenue from its crucial data-center segment climbing to $41.1 billion.
Despite these strong numbers, the c…