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Citi on NVIDIA (NVDA) q2 2024 Graphics Data: 'GPU revenue share was up 68bps (94.2%)'
September 9, 2024 12:20 PM EDTCiti analyst Atif Malik reiterated a Buy rating and $150.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "Mercury Research released 2Q24 graphics data last week. While the data is backward-looking, on a QoQ basis, NVDA GPU revenue share was up 68bps (94.2%)... More
OpenAI's business versions of ChatGPT reach 1 million paid users
September 5, 2024 11:06 AM EDTIn a report Thursday, Bloomberg said OpenAI has surpassed a significant milestone, reaching over 1 million paid users for its business versions of ChatGPT, including ChatGPT Team, ChatGPT Enterprise, and ChatGPT Edu.
The milestone highlights growing demand for the company's AI-powered chatbot services despite fierce competition in the market.
The increase in paid users follows the introduction of ChatGPT Enterprise, which was launched a year ago with enhanced... More
