AI mania is making Nvidia a lot of money

AI companies are spending so much on infrastructure that Nvidia’s data center business now brings in nearly $50 billion. But is this sustainable growth or just the latest tech mania? And should we even be calling it a “bubble” when the belief in AI’s future is what’s holding the whole ecosystem together?  This week on Equity, Kirsten Korosec, […]

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Nice!

Nvidia's data center business revenue is approaching $50 billion.

The sustainability of AI infrastructure spending and the concept of an 'AI bubble' are questioned.

Jeff Bezos has launched a new AI startup called Project Prometheus.

Suno, an AI music startup, raised $200 million at a $2.5 billion valuation despite lawsuits from music labels.

Waymo is expanding to new cities and has received approval to operate on freeways.

Nvidia reported 62% year-over-year revenue growth, reaching $57 billion, highlighting its dominance in the AI ecosystem.

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