Nvidia Q4 Earnings Beat Expectations, Q1 Revenue Guidance at $78B
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this daily recap compiled by The Fly.NVIDIA EARNINGS:Nvidiareported quarterly results last night. Both Q4 adjusted EPS and revenue came in above consensus estimates, with the chipmaker guiding Q1 revenue to $78B, plus or minus 2%, versus expectations of $72.03B. "Computing demand is growing exponentially - the agentic AI inflection point has arrived. Grace Blackwell with NVLink is the king of inference today - delivering an order-of-magnitude lower cost per token - and Vera Rubin will extend that leadership even further. Enterprise adoption of agents is skyrocketing. Our customers are racing to invest in AI compute - the factories powering the AI industrial revolution and their future growth," Jensen Huang, founder and CEO of Nvidia, said.POWER-COST PLEDGE:President Donald Trump is convening technology executives from companies including Amazon, Meta, Microsoft, Alphabet, Oracle, OpenAI, and xAI, to sign pledges committing their companies to foot the electricity bill for energy-hungry data centers, Bloomberg's Jennifer A Dlouhy and Hadriana Lowenkron. The promises would not be binding and would lack the force of law, but administration officials believe they could bring accountability and offer assurance to consumers, according to the report, which adds that the initiative is part of Trump's push to address mounting electricity prices before the November midterm elections, with data centers encountering a growing public backlash over their use of water, land, and backup power.USED BY HACKER:A hacker exploited Anthropic PBC's artificial intelligence chatbot to carry out attacks against Mexican government agencies, resulting in the theft of sensitive tax and voter information, Bloomberg's Andrew Martin and Carolina Millan. The hacker used the chatbot to find vulnerabilities in government networks, write computer scripts to exploit them, and determine ways to automate data theft, with the chatbot eventually complying with the attacker's requests, according to the report, which adds that the attack resulted in the theft of 150 gigabytes of Mexican government data, including documents related to taxpayer records, voter records, government employee credentials, and civil registry files.AI TO MODERATE PLATFORMS:Meta's use of AI to moderate its social media platforms has generated large volumes of useless reports on cases of child sexual abuse, which are hindering investigations at the U.S. Internet Crimes Against Children, ICAC, taskforce, Katie McQue of The Guardian. One ICAC officer said, "Meta is providing thousands of tips each month. It's pretty overwhelming because we're getting so many reports, but the quality of the reports is really lacking in terms of our ability to take serious action."NEW AI-POWERED UPDATES:Google is introducing new AI-powered features in Google Translate "designed to help you nail the tone of any conversation - from informal hangouts to professional meetings - when it matters most," says the company in a blog post. Thanks to Gemini's rich multilingual capabilities, Translate now offers helpful alternatives, which are especially useful for translating idioms and more colloquial phrases. To explore the nuances behind each option, uses should tap "understand" for a helpful overview, or "ask" to follow up with questions about your specific scenario - like ways of saying something in a particular country or dialect. They can try out this new experience today in the U.S. and India on the Translate app - Android and iOS - and coming soon to the web.AI GLASSES:Warby Parkerannounced on its Q4 earnings conference call that the company plans to introduce its first AI glasses in partnership with Googleand Samsung, which it expects will unlock significant new TAM and enable the company to "take advantage of the biggest technology shift in our lifetime." Warby Parker said, "These devices will bring the world's most advanced AI to glasses designed for all-day wear. Over the last 16 years, we have reimagined how people shop for eyewear, bringing together great design, exceptional value, and an unparalleled customer experience underpinned by technology, innovation, and customer obsession. Over time, we've seen how this powerful combination has drawn consumers to our brand and helped us capture market share."
