Keara Sullivan is known for her razor-sharp TikTok commentary on the foibles of her hyperonline generation. Since late 2020, the New York comedian has amassed over 400,000 followers — most of them fellow Gen Zers. Lately, though, the 24-year-old has noticed a lot of commenters who miss the point of her jokes.

In December, she posted a video marveling at the strangeness of Mount Rushmore. "I was like, 'I literally just remembered we have this, and it's so weird,'" Sullivan told me. "Why did we carve these heads into a mountain? My point was if human society collapsed, and humans refound this in 1,000 years, they would probably think they were gods rather than just normal men." The video was quickly flooded with comments by older men who seemed to willfully ignore her point. "Check up your history. these men weren't normal," one wrote. "They founded the county your living in tfym," another said. (She pointed out that, actually, only two of them helped found the US.)

Sullivan's experience isn't an outlier: Older people, and their judgments, are flooding TikTok. Earlier this year, Pew Research Center released a pair of surveys examining how different demographics used TikTok and other social-media sites. In their analysis, the writer Ryan Broderick and the researcher Adam Bumas found something odd: Contrary to TikTok's reputation as a "Gen Z app," people in their 30s and 40s comprised nearly 40% of surveyed users. What's more, this cohort of largely millennials was growing faster than the platform's 18-to-34 cohort.

Broderick argued that the aging of the platform marked the beginning of TikTok's decline. Like Instagram and Facebook before it, he suggested the once hot, new app was on the verge of descending into a boring, spammy, and oftentimes depressing place to be.

But just because TikTok's user base is becoming older doesn't mean that it's "over" for the app. Instead, experts and users I spoke with suggested that the platform may simply be moving into a new, more mainstream phase of existence. TikTok may be less like Facebook and more like YouTube, which evolved from a youth-centric novelty into the most widely used app among Americans of all ages.

Even if the millennial takeover doesn't herald the end of TikTok, it does mean we need to change how we think about it. As long as it can survive the US ban that the Senate recently voted into law, TikTok seems bound to mature from an app for young people into a place for everyone — and that means its cultural significance will only grow.

Social-media platforms don't just die because their users get older. In his post, Broderick pointed to "enshittification," a term popularized by the technology writer Cory Doctorow to describe the process whereby platforms initially attract people by making their tools as useful as possible, only to slowly degrade the user experience as the companies face increasing pressure to turn a profit for shareholders. Generally, this is why search sucks, why Amazon is filled with low-quality products, and why everyone complains about Microsoft Teams.

On the one hand, this process is fairly age-agnostic; it's simply a set of business tactics companies use to squeeze more revenue out of their existing audiences. "I could imagine that happening to LinkedIn, for example," Kevin Munger, an assistant professor of political science at Penn State who studies how different generations use social platforms, said. "I don't think that has much to do with it being cool."

The way that you know Facebook is done, it's not that you've only got old people there, and old people aren't cool. It's that everyone who had the wherewithal to leave, left.

On the other, Doctorow said, the effects of enshittification can look very different for different generations of users: Just as young people are often the first to adopt a new technology, when a platform becomes junky, they're usually the first to flee.

It's a question of switching costs: "People migrate when the situation that they're in doesn't work for them," Doctorow told me. For a young person without a lot of commitments tying them down, it's relatively easy to ditch a platform and link up with their friends somewhere else. The older someone is, and the more entangled their lives become with a platform — for example, they might use it to interface with customers, keep in touch with old college friends, or organize carpools for Little League — the more costly it becomes to leave.

"The way that you know Facebook is done, it's not that you've only got old people there, and old people aren't cool," Doctorow said. "It's that everyone who had the wherewithal to leave, left."

There are some signs that TikTok is enshittifying. In a November investigation, Business Insider reporters watched 1,000 TikToks and found that roughly one out of every three of them was an ad. And TikTok Shop, a QVC-style e-commerce arm and creator affiliate program that launched in September, has been particularly polarizing.

"I have friends that say that TikTok Shop has ruined the app," Casey Lewis, a trends researcher, said. "It's people trying to convince their followers that they should buy this great sweater for $2 — that kind of thing."

So far, Lewis hasn't gotten the sense that this profusion of Shop-related content is necessarily driving young people away. In 2023, the platform still counted 62% of Americans ages 18 to 29, and 63% of those aged 13 to 17, as users — and those stats have remained relatively stable over time.

Gen Zers told me they usually hear of their peers cutting down on TikTok for different reasons: "Some of it is they realize how much time they're spending on the app," said Jonathan Gelfond, a 19-year-old media-studies and psychological-sciences student at UC Santa Barbara.

Taylor Lorenz, a technology columnist for The Washington Post and the author of "Extremely Online," told me she thought the uptick in millennial users may be good news for the platform. "Millennials have a lot of money compared to teenagers," she said. "It can be good — especially as TikTok moves to TikTok Shop — if they're able to capitalize on this shift and sell products more effectively to older users."

Lorenz thinks YouTube is a more accurate comparison than Facebook. "YouTube is much more of an entertainment app in the way TikTok is," she said. And lest we forget, in the years following its 2005 launch, the video platform was also "associated with young people doing things, like cat videos," she added. Now, at nearly two decades old, YouTube is used by people of all ages, for all sorts of reasons.

"I don't think anybody thinks, 'Oh, YouTube, it's so stodgy and lame,' like the way they do Facebook," she said. Munger pointed out that larger audiences could result in more bland content, as creators try to appeal to more people. Even still, YouTube is by far the most popular app among young people.

With an aging user base, generational trends get muddled. Just because something is going viral on TikTok doesn't necessarily mean Gen Z is behind it.

Most trends, like baggy jeans, do start with Gen Z. Lewis, who uses the app primarily to study youth trends, noticed Gen Zers posting on TikTok about going to thrift stores to buy huge, cheap jeans. "Then millennials realized they couldn't wear skinny jeans anymore, so they're buying Citizens of Humanity $200 wide-leg jeans," she said. "It definitely starts with the Gen Zers. And then the millennials get to it, and then they run with it."

This desire to participate in youth culture is part of what makes the millennial generation — and this particular moment in TikTok's evolution — unique.

Other trends happen in reverse. Lewis pointed to the recent Stanley-cup craze, which saw new tumbler designs sell out in minutes after the cups went viral on TikTok. Though the trend became synonymous with Gen Z and Gen Alpha kids trying to impress their peers at school, it was largely the product of savvy marketing by The Buy Guide, a group of three millennial shopping influencers who began singing the product's praises in 2017 before partnering with Stanley in 2020 to help promote it to new audiences.

"In-the-know millennial moms caught on," Lewis said. "Stanley is one of the rare cases where it trickled down from millennials to Gen Zers — and then, of course, Gen Alpha, who have millennial parents, jumped on it as well."

Though the Pew data suggested that users ages 35 to 49 were slightly more likely to upload videos than their 18- to 34-year-old peers, it's difficult to say what role older users are playing in sparking trends. Part of that comes down to the nature of TikTok itself. Munger pointed out that while someone could find that they're being served a lot of content made by older creators, other users could find the opposite to be true. Lewis, for her part, hasn't noticed a change. "My FYP is still entirely Gen Zers doing funny things, talking about trends, talking about things they're buying," Lewis said, referring to her For You page.

Some people, though, have noticed a clear uptick in Y2K and 2000s nostalgia on the app, which harks back to a time when millennials were children or teenagers. In a piece for Wired, Jason Parham pointed to a recent glut of "Mean Girls" and "The Sopranos" videos as evidence of the dawning reality, per one of his coworkers, that "the olds are in charge now."

Leslie Horn Petersen, a millennial mother of two and my coworker, admitted these trips down memory lane were part of why she loves using TikTok. Recently, she's been following a creator who posts images created using Kid Pix, a primitive drawing game that launched in the late 1980s as a child-friendly alternative to Microsoft Paint. "I remember having it in the computer labs at school," she said.

It really comes down to the quality of the algorithm.

The revival of fashion and digital culture from the turn of the millennium has been primarily driven by Gen Z, experts told me, but the growing millennial audience can help take those trends mainstream. As Munger sees it, this desire to participate in youth culture is part of what makes the millennial generation — and this particular moment in TikTok's evolution — unique. And we can probably chalk it up to the fact that many millennials, at least economically speaking, are still trapped in a kind of perpetual young adulthood.

"There's a connection between the well-documented millennial tendency to not be able to progress through the life cycle for various economic, mostly material, reasons," he said. "That has made them more interested in youth culture for a longer period of time than might have been the case for previous generations." The same could be said of Gen Z, which would explain the generations' shared fascination with a time before smartphones and round-the-clock news. "It just comes back to, we all do yearn for simpler days," Lewis said.

The Gen Z users I spoke with didn't seem particularly concerned about an influx of olds. Gelfond, the UC Santa Barbara student, welcomes it. He uses TikTok to keep up with politics and current affairs and appreciates the wider variety of content that has become available as more politicians, subject-matter experts, and other verified sources sign up. "Since the development of it generating a larger millennial user base, I've enjoyed it more," he said. "You can still view dance videos and social-media influencers and things like that," he added, "but you now also have the option of viewing more mature content."

Sullivan, the comedian, sees the increased intergenerational chatter as mostly good-spirited. "I've seen this trend of older people making TikToks that are really funnily edited or dramatic and intense, and all the comments are Gen Zers being like, 'Pop off, queen!'" she said. "I've never seen any Gen Z be like, 'There's too many older people on this app.'"

While TikTok is clearly moving into a new chapter, a lot is still up in the air. At the moment, pretty much everything rests on what happens with the US TikTok ban, which will ban the app outright if parent company ByteDance doesn't sell the stateside version of the app to a domestic owner within the next year.

For an app that hinges in such a large part on the eerie mind-reading powers of its algorithm, Lewis stressed, even the less drastic of these two outcomes could dramatically change users' experience of the app. "It really comes down to the quality of the algorithm," she said. "If the user experience never wavers, then I think they're fine." But if changes to the company result in a worse algorithm, she said, "I don't know."

Emilie Friedlander is a journalist and editor from Brooklyn, currently based in Philadelphia. She co-hosts The Culture Journalist, a podcast about culture in the age of platforms. 

• Google Classrooms is a free learning platform created by Google.
• Anyone with a Google account can make a Google Classroom — not just teachers or students.
• Google classrooms is used by more than 150 million people worldwide.

Google Classroom is a free learning platform created by Google with the purpose of making it easier to not only create assignments but also simplifying the distribution and grading.

Google Classroom has grown significantly since its humble beginnings in August 2014. More than 70 million G Suite for Education users were on it by August 2017, and its popularity exploded even further when the COVID-19 pandemic hit. By 2021, it had reached more than 150 million students and educators.

Google Classroom lets you share announcements, host virtual lessons, and even create interactive questions for YouTube videos.

While Google Classroom can be used by anyone, if you are creating a classroom at a school for students you must use Google Workspace for Education.

Here's everything you need to know to get started.

How to make a Google classroom

Despite its power, creating a Google classroom is surprisingly straightforward. It can be completed in just 3 steps.

1. Go to classroom.google.com
2. Click on the add button, which looks like a plus (+) sign, and click Create class.

1. Fill in a name for the class and click Create.

Quick tip: The same screen where you can fill in a class name is also where you can include a section, room number, and class subject.

How to use Google Classroom

Once your Google Classroom is created, you now need to add content to it and invite students.

Adding content to your Classroom

Under the Classwork tab, click Create. In this menu, you have the ability to create an assignment, quiz, question, or add material or topics, which are like section headings.

Google Classroom will then provide two blank fields and prompt you to enter a title and assignment instructions for students. You can create assignments from Google's suite of programs, including Google Docs, Google Slides, and Google Sheets, or you can attach links, documents, or YouTube videos to the assignment.

You can also share photos with students using Google Photos.

After you create the assignment, you can set a due date, assign it to specific students or all students, and even post a rubric.

Inviting students or teachers to your Classroom

Navigate to the People tab and click on the Invite teachers or Invite students tab as applicable. Then enter their email address(es) and click Invite.

Alternatively, you can have students join your class by using the Class code.

1. Navigate to classroom.google.com
2. Click on the add button, which looks like a plus (+) sign, and click Join class.
3. Input the class code you received from your teacher and click on the blue Join button in the top right corner of the window.

Quick tip: Students can also join a Classroom through an invite link. Click on the three vertical dots to the right of the Class code field and click Copy class invite link.

How to unenroll from a Google Classroom

If you wish to leave or otherwise unenroll from a Google Classroom, that is accomplished in a quick two-step process.

1. Go to classroom.google.com
2. Click on the three vertical dots beside your class's name.
3. Click Unenroll and then Unenroll in the confirmation window that appears.

How to archive a Google Classroom

As a teacher, you have the ability to archive a Google Classroom when you no longer need it, for example, when the semester is over.

1. Go to classroom.google.com
2. Click on the three vertical dots beside your classroom's name.
3. Click Archive and then Archive again in the confirmation window that appears.

Quick tip: Classrooms must be archived first prior to deletion. If you want to permanently delete a classroom, archive it and then go to Archived classes, click the three dots, and click Delete and then Delete again in the confirmation window that appears.

• Powerful AI systems could become heavily guarded in the future, says ex-Google CEO Eric Schmidt.
• Schmidt expects the systems to be "surrounded by barbed wire and machine guns" in army bases.
• The US and China have been competing fiercely to maintain their lead in the AI race.

Former Google CEO and chairman, Eric Schmidt thinks that "extremely powerful" AI systems will be heavily guarded by governments in the future.

"Eventually, in both the U.S. and China, I suspect there will be a small number of extremely powerful computers with the capability for autonomous invention that will exceed what we want to give either to our own citizens without permission or to our competitors," Schmidt told Noema Magazine in an interview published Tuesday.

"They will be housed in an army base, powered by some nuclear power source and surrounded by barbed wire and machine guns," he added.

Schmidt was Google's CEO and chairman from 2001 to 2011 before he handed the reins back to the company's co-founder Larry Page. Thereafter, he served as the search giant's executive chairman and technical advisor before finally departing the company in early 2020.

Since then, the 69-year-old has taken a strong interest in AI and studying its impact on society.

Besides investing in AI upstarts like Amazon-backed Anthropic, he co-authored "The Age of AI" with the late diplomat Henry Kissinger and MIT's dean of computer science Daniel Huttenlocher. The book details some of the risks and opportunities that AI will bring.

Representatives for Schmidt didn't immediately respond to requests for comment from BI sent outside regular business hours.

Though it may seem far-fetched today, Schmidt's prediction could materialize given how competitive countries already are when it comes to maintaining their lead in the AI race.

For instance, the US has exerted a tighter grip on its technology exports to China, limiting the sales of AI chips made by companies like Nvidia.

Likewise for China, which has been working to minimize its reliance on US-made chips. Chinese officials have asked domestic tech giants like Alibaba and TikTok parent company ByteDance to buy locally-made AI chips instead, per The Information.

"We are rapidly approaching what we call a 'two tech stack divide,' where in essence, each country, the US and China, are effectively walling off or ring-fencing their tech stacks from each other," TPW Advisory founder, Jay Pelosky told BI.

• A man in Texas purchased a new house only to find a squatter and her goat still living there.
• He bought the San Antonio property for $175,000 from a woman who was about to foreclose.
• Squatting is a concern from some lawmakers, though there are no official nationwide statistics on it.

When Daniel Cabrera purchased a five-bedroom property in San Antonio, he didn't expect to find the previous inhabitant still living there along with her aggressive pet goat.

Cabrera, a professional homebuyer, purchased the property for $175,000 from a woman who was about to foreclose, Fox News reported.

He gave her the cash for the property and secured her an extra 10 days to move out and find a new place, but after those days were up, he couldn't get in touch with her.

When Cabrera showed up to take over the property, he found that it was still being lived in, and an angry goat was protecting the front door.

"I tried approaching the door, and it was a pretty big goat," he told Fox News. "It wasn't friendly either. I couldn't get past the damn goat."

Cabrera had to file for an eviction to get the woman out of the house.

Five months later, he returned to the property with the police, a locksmith, and a removal company but found that the goat was running around inside, Realtor.com reported.

"The goat ran right into the police officer, got him pretty good in the leg, then he nailed my dad, too, " Cabrera told Fox News. "We had animal control come out because the police just didn't know what to do with the goat."

He managed to take control of the property, and the goat was eventually picked up by the previous owner's son, per Realtor.com.

The next day, Cabrera found the previous inhabitant on a mattress in the driveway, he told the outlet.

Cabrera is not the only person dealing with unwanted house guests, with instances of squatting appearing in the news numerous times in recent months.

A couple in New York became embroiled in a legal battle after a squatter moved into their $2 million home before they had a chance to move in themselves.

Another group of squatters lived in a vacant Beverly Hills mansion for five months. The group made money from the home by hosting parties with entry fees of between $500 and $1,500, before the house was transferred back to the previous owner.

Such incidents have prompted backlash from some lawmakers, though there are no official nationwide statistics to show whether squatting is on the rise.

In Florida, Gov. Ron DeSantis signed a bill in March that he said aimed to provide homeowners with "remedies against squatting," as well as increasing penalties on squatters.

"We are putting an end to the squatters scam in Florida," DeSantis, who previously ran to be the Republican candidate for the 2024 Presidential election, said.

The problem, however, is not unique to the US.

According to The Guardian, the Advisory Service for Squatters, a squatter's rights group in the UK, has seen a rise in the number of inquiries from people considering squatting since the COVID pandemic.

In April, British chef Gordon Ramsay found one of his restaurants occupied by squatters. The group of squatters told Business Insider they wanted to turn the restaurant into a "community space" in one of London's wealthiest areas.

• Chicago's basic income program helped Jennette Fisher, 46,  secure an apartment.
• Participants received $500 a month for a year, no-strings-attached.  
• Chicago is set to restart the program, joining 100+ similar pilots across the US.

Jennette Fisher and her 11-year-old daughter Sophia moved into a new apartment in January. Fisher is still setting up the furniture, but her Chicago suburb is starting to feel like home.

"It was every single thing that I prayed for," she told Business Insider.

Fisher, 46, was a participant in the City of Chicago's Resilient Communities Pilot. The guaranteed basic-income program provided 5,000 families with $500 a month no-strings-attached for a full year, beginning in summer 2022. Selected participants experienced economic hardship from the pandemic and had household incomes at or below 250% of the federal poverty line. That means participants like Fisher would've had to make less than $45,775 to qualify as a family of two.

For Fisher and her daughter, the cash was "a Godsend," and the help they needed to secure housing. Although she's no longer receiving payments, Fisher said the support allowed her to move out of temporary domestic violence shelters and sign a lease.

"It took such a weight off," Fisher said. "If I wouldn't have had that money, I don't know what would have happened."

Participants across the country have told BI they spent basic income money to pay rent, afford groceries, pay off debt, and support their children.

In April, Chicago announced that it will restart it's basic income program. The city has allocated $32 million to project, but has not yet specified when the next cash payments will begin, or how many participants are set to benefit. The renewed Chicago program will join a wave of over 100 basic-income pilots that have been launched since 2019.

Funding for the program will primarily come from The 2021 American Rescue Plan Act, a federal pandemic recovery budget that has been used to finance GBI pilots across the US. The federal government requires that all APRA funds must be spent by December 2026.

Policy advocates and economic security experts have told BI that basic income's widespread success gives insight into future poverty solutions. Basic income differs from traditional social services like SNAP and rental assistance because it allows participants, like Fisher, to choose how to spend their money.

"The lessons from those pilots are infusing the whole ecosystem of support," Teri Olle, director for Economic Security California, said. "People are really seeing the power of those pilots, and the power of giving people money and trusting them."

Fisher is still worried about costs, but Chicago basic income gave her 'a brand new start'

When Fisher began receiving basic income, she felt immediate relief. She said she "never gave up" trying to build a better and safer life for herself and her daughter.

She used some of her first payment to take Sophia to dinner and Chuck E. Cheese. They hadn't been since one of Sophia's childhood birthday parties, and it meant a lot to Fisher that they could celebrate together.

Because Fisher was living between various Chicago domestic violence shelters before she signed for her apartment, she said it has been difficult to hold a job. She's also not sure she can work again due to mental health reasons and is currently in the application process for disability benefits.

With basic income payments, Fisher was able to afford daily expenses and buy the clothes and shoes she and her daughter needed. The money also put her in a position to start renting her new apartment. Having her own place with Sophia is "everything she ever wanted."

Fisher is still doing her best to get by. She has to pay rent and only receives a few hundred dollars a month total from SNAP for food. She has health insurance through Medicaid, and the benefits help pay for an addiction recovery program she's enrolled in.

Right now, she estimates she lives on less than $700 a month, an amount that comes through Sophia's father's Social Security check. However, Fisher said she doesn't receive any form of child support.

She is still stressed about expenses but said Chicago's GBI program offered her "a brand new start."

Going forward, Fisher is excited to keep getting settled in their new home. Sophia starts sixth-grade next fall, and the pair are hoping to see Fisher's family, whom they haven't been able to visit in years.

"Stability is the number one thing I want," Fisher said.
"Stability, peace, happiness, and no drama."

Have you benefited from a guaranteed basic-income program? Are you open to sharing your story? If so, reach out to this reporter at allisonkelly@businessinsider.com.

• An online meme about a fake Mossad agent called "Eli Copter" the lampoons the helicopter crash of Iran's president.
• But it's been cited repeatedly by several media sources, including Russia's state TV.
• Missing the joke, Russian TV host Vladimir Solvoyov cited the name to back up his criticism of Israel.

An online joke about Iranian President Ebrahim Raisi being killed in a helicopter crash by a Mossad agent named "Eli Copter" has fooled several media outlets — including Russian state TV host Vladimir Solovyov.

In a Monday episode of Solovyov's show, the host cited the meritless claim in an attempt to imply that the Israeli government was to blame for the death of Raisi.

Raisi, 63, died on Sunday in a helicopter crash alongside several senior officials in northwest Iran, with state media saying the vehicle struck a mountainside.

The Iranian leader died amid heavy fog and bad weather at the scene of the crash, making it difficult for rescue teams to find his downed helicopter and determine his condition at the time.

While there is no evidence that foul play was involved, some online have tried to pin the incident as an assassination carried out by Israel or the US.

An Israeli official said Tel Aviv was not involved in the crash, which Solovyov challenged.

"When Israel says: 'No, no, it was not us.' Hold on, if it was you, would you admit it?" he said, per a translation by Russia Media Monitor.

He aired a clip of a political analyst, Daniel Haik, speaking on the French broadcast of Israeli TV channel i24 News of a rumor that the Mossad agent "Eli Copter" was involved in Raisi's death.

That makes Solovyov a major piece of a misinformation chain that originated from a meme on Twitter parodying the word "helicopter."

Several people reporting about Raisi's death seemed to have missed the joke. A Hamas-affiliated Telegram channel named Correspondent of the al-Qassam Brigades cited the faux moniker in an initial report, though it deleted the message afterward, per France24News.

Haik later quoted the Hamas message on i24, saying that the involvement of "Eli Copter" was a rumor that couldn't yet be confirmed.

French daily Libération reported that i24 apologized for the live TV error and promised to work to prevent further such mistakes.

A spokesperson for i24 did not immediately respond to a request for comment sent outside regular business hours by Business Insider.

But that didn't stop Solovyov's show from using the clip of Haik to back up his criticism of the US and Israel, as he implied they might be responsible for Raisi's death.

Solovyov is seen as one of Russia's most prominent propagandists for the Kremlin, and habitually pushes aggressive, pro-war rhetoric against the West.

Russia, an ally of Iran, offered condolences to Tehran after Raisi's death, calling the now-deceased president a "true friend" and an "outstanding politician."

Both nations have been deepening their economic ties since Moscow invaded Ukraine, which has increasingly alienated Russia from the global economy. Sanctioned by Washington, they agreed last year to start trading in local currencies instead of the US dollar.

According to the Observatory of Economic Complexity, run by the MIT Media Lab, trade between the two countries was worth about $2 billion in 2021.

An analysis by the Center for European Policy Analysis in January estimated that trade between them may have risen to $4.9 billion.

• Nvidia announced it is shipping its new Blackwell AI chip next quarter amid high demand.
• CEO Jensen Huang highlighted the strong interest in both Blackwell and current Hopper chips.
• Nvidia's shares surged, driven by a 262% revenue increase and a 10-for-1 stock split announcement.

Nvidia just announced it's shipping its hot new AI chip, Blackwell, this quarter — and they're already getting snapped up.

"People want to deploy these data centers right now," CEO Jensen Huang told Yahoo Finance on Wednesday.

"They want to put our GPUs to work right now, and start making money and start saving money. And so that demand is just so strong," Huang added, referring to graphics processing units.

Customers buying Blackwell chips span the gamut of Big Tech, including Amazon Web Services, Google, Meta, Microsoft, OpenAI, and Tesla, among others, Nvidia said in March.

Huang said Blackwell chips will start shipping in the second quarter, with production ramping up in the third quarter. Data centers should be up and running on the chips by the fourth quarter.

The demand isn't just for Nvidia's hotly anticipated Blackwell AI chip — first unveiled in March — but also for the company's current Hopper chip.

With such high demand, Nvidia is going to produce new chip generations yearly, instead of every other year.

"I can announce that after Blackwell, there's another chip. We're on a one-year rhythm," Huang said on the earnings call.

Revenue surge and a stock split

Huang's comments came on the back of another blockbuster quarter for Nvidia. The Santa Clara, California-based company reported a 262% surge in first-quarter revenues from a year ago, to $26.04 billion — well over analyst estimates of $24.65 billion.

The results are not just a flash in the pan.

Nvidia's chips have been in such demand that Huang had to assure stakeholders back in February that the company is allocating them "fairly."

Nvidia's share price has ballooned thanks to this demand, surging 150% in the past 12 months and 92% this year to date. On Wednesday, the stock breached $1,000 per share for the first time on the back of its gangbuster quarterly report.

On Wednesday, Nvidia announced a 10-for-1 stock split, effective next month, and upped its quarterly dividend by 150% from $0.04 to $0.10 per share.

"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," said Huang on the earnings call.