Core News Facts
Anthropic CEO Dario Amodei published an essay on Saturday urging frontier AI labs to slow their capability advances and allow third-party evaluators to verify safety practices. This call comes amidst growing concerns over AI safety, with stock futures declining as a result, particularly impacting Nasdaq futures.
Nvidia, under scrutiny due to these safety concerns, has projected $108 billion in revenue for its fiscal third quarter, although it assumes no revenue from data center computing sales in China. The company reported $96.2 billion in revenue for Q2, with data center sales up 117% year-over-year, and net income rising 126% to $59.7 billion.
Amodei’s essay specifically calls for an end to selling powerful AI chips to China and for improved monitoring of AI development. Despite fears of a potential slowdown in demand due to these requests, Nvidia’s guidance remains optimistic with a projected growth rate of nearly 90% from the same quarter last year.
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