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Bloomberg Tech

Nvidia Earnings and Twilio's New AI Tool

Bloomberg Tech

Bloomberg

Tech News, News, Business News

4.470 Ratings

🗓️ 24 August 2023

⏱️ 44 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow break down Nvidia's earnings knocking it out of the park. Plus, Twilio launches new AI-powered features and AI startup Hugging Face nabs a $4.5 billion valuation.

 

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Transcript

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0:00.0

Join Stacey Abrams, Leib Shriver, Gina McCarthy, and more of the planet's environmental

0:06.2

leaders and problem solvers for the Bloomberg Green Festival in Seattle, July 10th to the 13th.

0:12.8

Title sponsor Amazon, Official Airline, Alaska Airlines.

0:17.6

Supporting sponsor, Providence.

0:19.9

Contributing sponsor, Wareyerhauser.

0:22.6

Get 40% off using promo code Radio 40

0:26.0

at Bloomberg Live.com slash Green Festival.

0:31.6

From the heart of where innovation, money and power collie in Silicon Valley and beyond,

0:37.0

this is Bloomberg Technology with Caroline Hyde and Edla Lo Loa. I'm going to.

0:44.0

I'm Caroline Hyde of Bloomberg's world's headquarters in New York.

0:57.0

And I'm Ed Ludlow in San Francisco. This is Bloomberg Technology.

1:01.0

Coming up, in video.

1:03.0

Boy, it knocks it out of the park with earnings that blow past estimates.

1:07.3

Shares, they're still at that all-time high.

1:09.6

I'll bring you the details.

1:11.5

Plus, we'll have full market coverage and cover the other

1:14.0

tech names reporting results like Snowflake and China's May-Twas. And we talk

1:18.2

all things artificial intelligence with CEOs of Twilio and huggingging Face, but we start with the AI story that is pervasive

1:26.4

for the entire market there that in NVIDIA, even though it comes off of its highs, that we're trading

1:30.7

what in excess of 6% higher early in the day. We're still at a record.

1:34.4

We're up more than one, almost at 2 percentage points higher, but extraordinary where some of these

1:39.6

price targets have been moved to. $1,100 one price target from Rosenblatt. We're looking at

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