Welcome to the world of technology, where the latest news concerns two industry giants: NVIDIA and Google. Both have recently made great strides, with NVIDIA reporting exceptional financial results and Google launching new cutting-edge artificial intelligence tools. Let’s discover together what’s new in the global technological landscape
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NVIDIA reports exceptional financial results
NVIDIA (NASDAQ:NVDA) recently released results for the fourth fiscal quarter of 2024, exceeding market expectations. Quarterly revenues reached a record 22.1 billion dollars, an increase of 22% compared to the previous quarter and 265% year-on-year. The gains were driven by data center revenues, which increased 27% from the previous quarter and 409% from the previous year, reaching 18.4 billion dollars. Non-GAAP earnings per diluted share increased 28% from the previous quarter, exceeding analysts’ expectations
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Market reactions and impact on the technology industry
The market responded positively to NVIDIA‘s results, with an 11.27% increase in after-hours trading. The shares surpassed 800 dollars, generating the largest daily gain on record, adding 272 billion dollars to the company’s market capitalization.
This has had a significant impact on the entire technology sector, with other leading companies such as Alphabet (NASDAQ:GOOGL), Microsoft (NASDAQ:MSFT), and Amazon (NASDAQ:AMZN) experiencing volatility.
Google presents the Gemma family of artificial intelligence models
Google has introduced the Gemma family, a series of cutting-edge open source artificial intelligence models designed for developers and researchers. These models offer new tools for building ethical and secure AI systems, optimized for various hardware platforms and integrated with popular existing artificial intelligence tools.
Developers can use Gemma for free through Kaggle, with additional incentives for new Google Cloud users.
California AI Regulatory Legislation
California senator Scott Wiener introduced bill SB-1047, aimed at regulating the development and implementation of artificial intelligence in the state. This proposal, one of the most comprehensive of the 400 presented in 44 states, aims to ensure safety and responsibility in the use of AI, with effective test protocols and guardrails
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New evidence in the Nakamoto case
New evidence has emerged in the legal case against Craig Wright, who claims to be Satoshi Nakamoto, the creator of Bitcoin. The evidence includes emails between Nakamoto and Adam Back, CEO of Blockstream, that appear to refute Wright’s claims. The case, opened by the Crypto Open Patent Alliance, is ongoing and attracts the attention of the crypto community
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Intuitive Machines’ Moon Landing
Intuitive Machines made history by landing the first commercial spacecraft on the moon, marking the first U.S. lunar landing in 50 years.
This event is part of NASA‘s Commercial Lunar Payload Services initiative and will contribute to human space exploration efforts on the Moon under the Artemis program.