Shares of Nvidia rose nearly 27% after the chip maker revealed a startlingly rosy revenue forecast for its current quarter that CEO Jensen Huang, on an earnings call, chalked up to growing adoption of large language models by companies big and small. Nvidia said it expects revenue of $11 billion for its July quarter, plus or minus 2%. The $11 billion figure would represent 64% growth from...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
AI Agenda startups ai
AI Startups Are Trying to Make Usage-Based Pricing Happen
Tech waves have often brought along with them corresponding changes in business and pricing models. For instance, when companies moved from using servers in their own data centers to ones hosted by public cloud providers, they also switched from buying packaged software a la carte to subscribing to cloud-based software, leading to the much-loved SaaS model we see today.Now, VCs are telling me...
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories