Nvidia shrugs off crypto-mining crash, touts live ray-tracing GPUs, etc

Roundup Here's your quick roundup of AI news beyond what we've already written about this week. Crypto-mining is bust for Nvidia: Nvidia reported strong growth in its second quarter financial results, emitted this week, in areas expected like the data center and gaming – but not for cryptocurrency mining. The demand for GPUs grew 40 per cent from last year to account for $2.66bn in sales, we're told. Popular online titles such as Fortnite and PUBG have helped Nvidia in the gaming department, which grew 52 per cent in terms of revenue to $1.8bn. The boom in deep learning is also accelerating its data center business by 83 per cent, to $760m, where its graphics cards are used as math accelerators.