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📈Nvidia blows through investor expectations

While everyone was eagerly peeking at their earnings report with crossed fingers, Nvidia casually doubled its revenue from last year. The US chipmaker reported twice the revenue compared to last year, exceeding Wall Street’s expectations.

Cloud service providers are pouring resources into their infrastructure, while corporations race to incorporate AI across sectors. Nvidia anticipates even greater sales in the third quarter.

The company's rise might seem like an overnight success, but it has been years in the making. CEO Jensen Huang has been steering the firm towards an AI-centric future since the early 2010s and doubled down on its AI focus in 2018. This strategic move gave Nvidia a head start in designing software to complement its chips tailored for AI applications, proving to be a key advantage over competitors like AMD and Intel.

Nvidia's impressive earnings not only underscore the sustained momentum in AI but also offer a glimmer of hope for the stock markets.

ONE IDEA

Midjourney's latest feature, inpainting, has been released, allowing you to regenerate sections of a photo.

Try this hack: Since inpainting uses a new model if you use the whole area for inpainting you can get better results. Check out this video.

⌚ If you have one more minute:

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AI Art of the day 🎨

Cool ass PS controllers by Midjourney user u/probablyincorrect. Look at the whole collection here.

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