{"id":170353,"date":"2023-08-24T01:32:53","date_gmt":"2023-08-24T06:32:53","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2023\/08\/nvidias-q2-earnings-prove-its-the-big-winner-in-the-generative-ai-boom"},"modified":"2023-08-24T01:32:53","modified_gmt":"2023-08-24T06:32:53","slug":"nvidias-q2-earnings-prove-its-the-big-winner-in-the-generative-ai-boom","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2023\/08\/nvidias-q2-earnings-prove-its-the-big-winner-in-the-generative-ai-boom","title":{"rendered":"Nvidia\u2019s Q2 earnings prove it\u2019s the big winner in the generative AI boom"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/nvidias-q2-earnings-prove-its-the-big-winner-in-the-generative-ai-boom3.jpg\"><\/a><\/p>\n<p>Nvidia\u2019s second-quarter earnings, which were reported Wednesday after markets closed, prove there is money to be made \u2014 and lots of it \u2014 selling the picks and shovels of the generative AI boom.<\/p>\n<p>\u201cA new computing era has begun. Companies worldwide are transitioning from general-purpose to accelerated computing and generative AI,\u201d Nvidia founder and CEO Jensen Huang said in a statement.<\/p>\n<p>Huang isn\u2019t wrong. Nvidia has become the main supplier of the generative AI industry. The company\u2019s A100 and H100 AI chips are used to build and run AI applications, notably OpenAI\u2019s ChatGPT. Demand for these demanding applications has grown steadily over the last year, and infrastructure is shifting to support them.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nvidia\u2019s second-quarter earnings, which were reported Wednesday after markets closed, prove there is money to be made \u2014 and lots of it \u2014 selling the picks and shovels of the generative AI boom. \u201cA new computing era has begun. Companies worldwide are transitioning from general-purpose to accelerated computing and generative AI,\u201d Nvidia founder and CEO [\u2026]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-170353","post","type-post","status-publish","format-standard","hentry","category-robotics-ai"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/170353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=170353"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/170353\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=170353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=170353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=170353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}