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Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.

OpenAI says ChatGPT ads are on track for $1 billion in annualized revenue, pointing to a Meta-like advertising model
The Apex Times

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Jensen Huang Says Nvidia Is ‘Not Intimidated’ By Custom AI Chips, Points To Easier Integration With Its Platform
The Apex Times

THE APEX TIMES

Business / The Apex Times

Jensen Huang Says Nvidia Is ‘Not Intimidated’ By Custom AI Chips, Points To Easier Integration With Its Platform

In an interview reported by Yahoo Finance, Nvidia CEO Jensen Huang said the chip industry’s shift toward custom AI accelerators does not worry the company, arguing Nvidia infrastructure will be easier to adopt as these chips proliferate. The remarks come alongside attention to MediaTek’s reported $3.5 billion push aimed at “reinventing” Windows PC experiences.

Aug 31, 1:07 PM EDT