Moikas Digest: AI Boosts NVIDIA Revenue, NASA's Deep Space Communication, and Sam Altman's Potential Return to Open AI Continues

Hey Moian,

Read time: 10 minutes.

Today’s Highlights

Nvidia's Generative AI Fuels Revenue Surge 

Decoded: Nvidia's latest earnings report highlights the significant impact of generative AI on its revenue growth. With Everyone and their Moms getting into AI, Nvidia has taken advantage of this growth by creating various tools, software, and hardware. You would have thought about Crypto being in a Bear Market and ETH switching to PoS.

Key points:

• Nvidia's Q3 2024 earnings show a 206% increase in revenue year-over-year.

• The data center business, driven by AI chip demand, contributed $14.51 billion.

• Despite US export restrictions, Nvidia expects sales growth in other regions to offset potential losses.

 NASA's Leap in Laser-Based Deep Space Communication 

Decoded: NASA successfully tests a new laser communication system for deep space missions. Unfortunately, we still haven’t discovered Aliens… That may be because we are still in the early stages of testing this new Tech. This tool will be helpful when we start sending out more satellites and other instruments for research and help future spacecraft navigate the dark and murky sea.

Key points:

• The Psyche spacecraft test-fired a communications laser back to Earth.

• This test is a critical milestone for NASA's Deep Space Optical Communications system.

• The technology promises higher throughput communication for future space missions.

 A secret Google deal let Spotify completely bypass Android’s app store fees

Decoded: A clandestine agreement between Google and Spotify raises questions about app store policies and competition. This might create a little tension between Google and other companies. Hopefully, we don’t see another Google vs. Epic situation.

Key points:

• Spotify was allowed to bypass standard Android app store fees.

• Raises concerns about fairness and transparency in digital marketplaces.

• Could have broader implications for app developers and digital platforms.

 Sam Altman is still trying to return as OpenAI CEO

Decoded: The ongoing saga at OpenAI continues with Sam Altman's potential return as CEO. If I were Altman, I would’ve pulled a Bender and made a new AI Company fixing issues that couldn’t be resolved at OpenAI.

Key points:

• Altman's return follows recent tumultuous events at OpenAI.

• The move could signify strategic shifts within the organization.

• Implications for OpenAI's future direction and partnerships, especially with Microsoft.

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