Forbes Daily: Nvidia Beats Expectations As Data Center Business Grows
Nvidia exceeded second-quarter revenue expectations, driven by a 92% growth in its data center business. Meanwhile, the broader market is reacting to new AI agent startups and shifting economic indicators like inflation and retail performance.
Why it matters
Nvidia's performance serves as a primary bellwether for the sustainability of the global AI infrastructure investment boom.
--:-- / --:-- This voice experience is generated by AI. Learn more . This voice experience is generated by AI. Learn more . An AI agent that can act as your personal assistant is generating a lot of buzz—and investor interest .
Instinct promises to handle tasks like reading and answering texts and emails, or even booking a flight. It has raised at least three rounds in the last few months, and is now worth over $2.5 billion. And the AI agent isn’t even available to the public yet: VC insiders must invite you to download it.
Still, its level of access to personal data has sparked concerns—Instinct’s terms of use allow for “perpetual and irrevocable” storage of user data, which could be used to train its AI models, TechCrunch reported.
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