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Nvidia's fine! Besides, who else is going to power all these new AI models? - SiliconANGLE

Feb 28, 2025 - siliconangle.com
Nvidia reported strong earnings with a 78% sales increase, driven by next-generation GPU production, but faced an 8% stock drop due to lower gross margins. Other enterprise tech companies like Snowflake, Workday, and Nutanix saw stock surges, while Dell, NetApp, and Salesforce faced challenges. IBM is expanding its AI capabilities with acquisitions and new models, while Microsoft and Apple continue investing in AI infrastructure. Amazon introduced its first quantum chip, and the AI landscape is rapidly evolving with new models from OpenAI, Tencent, and others.

In cybersecurity, Bruce Schneier highlighted the increasing threat of ransomware, with $1.5 billion stolen from Bybit in a North Korean-linked attack. Microsoft invested in Veeam for data protection, and new services were launched by Zscaler, Rapid7, and Snyk to enhance cybersecurity. Quantum computing is gaining attention, with Amazon debuting its quantum chip prototype and Quantum Machines raising $170 million. Meanwhile, Google Cloud's Sunil Potti is departing, and Google announced layoffs in its HR and cloud units. Upcoming events include MWC in Barcelona, with earnings reports from companies like Okta, GitLab, and CrowdStrike.

Key takeaways:

  • Nvidia's earnings show strong growth, but lower gross margins led to an 8% drop in shares.
  • IBM is expanding its AI capabilities with the acquisition of DataStax and new Granite AI models.
  • Amazon introduces its first quantum chip prototype, signaling a move into quantum computing.
  • Cybersecurity concerns rise with a surge in malware-free cyberattacks and AI-driven threats.
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