NVIDIA (NASDAQ: NVDA) today reported revenue for the first quarter ended April 28, 2024, of $26.0 billion, up 18% from the previous quarter and up 262% from a year ago. For the quarter, GAAP earnings per diluted share was $5.98, up 21% from the previous quarter and up 629% from a year ago. Non-GAAP earnings per diluted share was $6.12, up 19% from the previous quarter and up 461% from a year ago. "The next industrial revolution has begun—companies and countries are partnering with NVIDIA to shift the trillion-dollar traditional data centers to accelerated computing and build a new type of data center—AI factories—to produce a new commodity: artificial intelligence," said Jensen Huang, founder and CEO of NVIDIA. "AI will bring significant productivity gains to nearly every industry and help companies be more cost- and energy-efficient, while expanding revenue opportunities.

"Our data center growth was fueled by strong and accelerating demand for generative AI training and inference on the Hopper platform. Beyond cloud service providers, generative AI has expanded to consumer internet companies, and enterprise, sovereign AI, automotive and healthcare customers, creating multiple multibillion-dollar vertical markets. "We are poised for our next wave of growth. The Blackwell platform is in full production and forms the foundation for trillion-parameter-scale generative AI. Spectrum-X opens a brand-new market for us to bring large-scale AI to Ethernet-only data centers. And NVIDIA NIM is our new software offering that delivers enterprise-grade, optimized generative AI to run on CUDA everywhere—from the cloud to on-prem data centers and RTX AI PCs—through our expansive network of ecosystem partners."

NVIDIA today unveiled ChatRTX, the AI assistant that runs locally on your machine, and which is accelerated by your GeForce RTX GPU. NVIDIA had originally launched this as "Chat with RTX" back in February 2024, back then this was regarded more as a public tech demo. We reviewed the application in our feature article. The ChatRTX rebranding is probably aimed at making the name sound more like ChatGPT, which is what the application aims to be—except it runs completely on your machine, and is exhaustively customizable. The most obvious advantage of a locally-run AI assistant is privacy—you are interacting with an assistant that processes your prompt locally, and accelerated by your GPU; the second is that you're not held back by performance bottlenecks by cloud-based assistants.

ChatRTX is a major update over the Chat with RTX tech-demo from February. To begin with, the application has several stability refinements from Chat with RTX, which felt a little rough on the edges. NVIDIA has significantly updated the LLMs included with the application, including Mistral 7B INT4, and Llama 2 7B INT4. Support is also added for additional LLMs, including Gemma, a local LLM trained by Google, based on the same technology used to make Google's flagship Gemini model. ChatRTX now also supports ChatGLM3, for both English and Chinese prompts. Perhaps the biggest upgrade ChatRTX is its ability to recognize images on your machine, as it incorporates CLIP (contrastive language-image pre-training) from OpenAI. CLIP is an LLM that recognizes what it's seeing in image collections. Using this feature, you can interact with your image library without the need for metadata. ChatRTX doesn't just take text input—you can speak to it. It now accepts natural voice input, as it integrates the Whisper speech-to-text NLI model.DOWNLOAD: NVIDIA ChatRTX

Just a month after releasing the 0.1 beta preview of Chat with RTX, now called ChatRTX, NVIDIA has swiftly addressed critical security vulnerabilities discovered in its cutting-edge AI chatbot. The chatbot was found to be susceptible to cross-site scripting attacks (CWE-79) and improper privilege management attacks (CWE-269) in version 0.2 and all prior releases. The identified vulnerabilities posed significant risks to users' personal data and system security. Cross-site scripting attacks could allow malicious actors to inject scripts into the chatbot's interface, potentially compromising sensitive information. The improper privilege management flaw could also enable attackers to escalate their privileges and gain administrative control over users' systems and files.

Upon becoming aware of these vulnerabilities, NVIDIA promptly released an updated version of ChatRTX 0.2, available for download from its official website. The latest iteration of the software addresses these security issues, providing users with a more secure experience. As ChatRTX utilizes retrieval augmented generation (RAG) and NVIDIA Tensor-RT LLM software to allow users to train the chatbot on their personal data, the presence of such vulnerabilities is particularly concerning. Users are strongly advised to update their ChatRTX software to the latest version to mitigate potential risks and protect their personal information. ChatRTX remains in beta version, with no official release candidate timeline announced. As NVIDIA continues to develop and refine this innovative AI chatbot, the company must prioritize security and promptly address any vulnerabilities that may arise, ensuring a safe and reliable user experience.