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Nvidia’s Record Q3 Earnings Reveal High Demand for AI GPUs
Nvidia’s latest earnings paint a picture of a company not just riding the AI wave, but helping create its momentum. The chipmaker reported an astonishing $57 billion in revenue for the third quarter, a 62% jump from the same period last year (TechCrunch; Yahoo Finance; Startup Ecosystem). This surge was matched by equally impressive profitability: net income soared to $32 billion, up 65% year-over-year (TechCrunch; Yahoo Finance; Startup Ecosystem). Both figures blew past Wal
Covertly AI
Nov 203 min read


mimik and Abu Dhabi Forge Global Model for Industrial Edge AI
mimik, a global pioneer in device-first Continuum AI and agentic software, has taken a major step toward redefining artificial intelligence infrastructure by launching mimik UAE in partnership with Next71 Ltd and ASK Holding LLC. Announced during Abu Dhabi Autonomous Week, this strategic memorandum of understanding (MOU) marks a significant milestone in the United Arab Emirates’ (UAE) journey to become a world leader in AI and sovereign technology development (Financial Post)
Covertly AI
Nov 153 min read
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