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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


Baidu Unveils New AI Chips to Boost China’s Semiconductor Independence
Baidu’s latest push into artificial intelligence hardware marks a significant step in China’s drive toward technological self-sufficiency as geopolitical tensions continue to reshape the global chip landscape. At its annual developer conference, the company unveiled two new AI processors, the M100 and M300, positioned as powerful, low-cost, domestically controlled alternatives for Chinese enterprises seeking to reduce reliance on U.S. technology. The M100, designed primarily
Covertly AI
Nov 133 min read
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