NVIDIA's Jensen Huang to talk AI with Meta's Mark Zuckerberg tonight

Investing.comJul 30, 2024 12:51 AM

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At the 2024 SIGGRAPH conference, NVIDIA founder and CEO Jensen Huang and Meta founder and CEO Mark Zuckerberg will take the stage tonight to discuss the future of artificial intelligence.

The session, titled "AI and the Next Computing Platforms," is scheduled from 4:00 to 5:00 p.m. MT, according to the Nvidia (NASDAQ:NVDA) website.

The company says the conversation will explore how fundamental research is driving AI breakthroughs and how generative AI and open-source technologies are set to empower developers and creators.

Additionally, Huang and Zuckerberg will delve into the role of generative AI in building virtual worlds and how these virtual environments can aid in developing the next wave of AI and robotics.

This highly anticipated session, which will be livestreamed, is expected to provide valuable insights into the intersection of AI, generative technologies, and virtual worlds.

Meta Platforms (NASDAQ:META) is set to report its second-quarter earnings after the close on Wednesday. Ahead of the release, analysts at Benchmark reiterated a Hold rating on the stock.

"Following last quarter’s announced “multi-year investment cycle” in AI and metaverse, and subsequent raised ‘24E opex and capex outlook, we expect 2Q and rest of year operating leverage to remain modest at best," said the firm. "On top-line, we see difficult Asia-based advertiser compares (a.k.a. Temu/Shein ad spend) the remainder of the year, which we estimate contributed roughly one-third of META’s +16% y/y ‘23 ad revenue growth."

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