Nvidia Posts “Off the Charts” Earnings, Stock Crashes Anyway

4IR - Daily AI News

Welcome back to 4IR. Here’s today’s lineup:

• Nvidia posts “off the charts” earnings, stock crashes anyway - Jensen Huang delivered a blowout quarter with 62% revenue growth, stock jumped 5%, then nosedived 3.15% in the same session as Wall Street decides the AI party might be over

• DOJ busts Nvidia chip smugglers using fake real estate company - Four people charged for running $3.89 million worth of restricted GPUs to China through a Tampa shell company called “Janford Realtor” that never sold a single house, facing up to 200 years in prison

• OpenAI suspends teddy bear maker after toy taught kids to light matches - Consumer groups issue emergency holiday warning as AI toys are found discussing sexually explicit content with children and explaining how to find knives, prompting OpenAI to yank developer access

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