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Nvidia CEO reveals new ‘reasoning’ AI tech for self-driving cars
Jensen Huang also announces at CES new, more powerful Vera Rubin chips that will arrive later this year The billionaire boss of the chipmaker Nvidia, Jensen Huang, has unveiled new AI technology that he says will help self-driving cars think like humans to navigate more complex situations. The world’s most valuable company is to roll…
Global stock markets fall sharply over AI bubble fears
Drop in US, Asia and Europe follows warning from bank bosses that market correction could lie ahead Business live – latest updates Global stock markets have fallen sharply amid concerns that a boom in valuations of artificial intelligence (AI) companies could be rapidly cooling. Markets in the US, Asia and Europe have fallen after bank…
Google plans to put datacentres in space to meet demand for AI
US technology company’s engineers want to exploit solar power and the falling cost of rocket launches Google is hatching plans to put artificial intelligence datacentres into space, with its first trial equipment sent into orbit in early 2027. Its scientists and engineers believe tightly packed constellations of about 80 solar-powered satellites could be arranged in…
Nvidia becomes world’s first $5tn company amid stock market and AI boom
Silicon Valley chipmaker hits $5tn valuation just three months after it was first to break through the $4tn barrier Nvidia has become the world’s first $5tn company as the artificial intelligence industry and wider US stock market boom. Just three months ago, the Silicon Valley chipmaker was the first to break through the barrier of…
Once the AI bubble pops, we’ll all suffer. Could that be better than letting it grow unabated?
The world will be pushed into a recession, but perhaps we can build something more promising from the pieces The world economy hinges on the success or failure of artificial intelligence. It’s becoming apparent that we are probably doomed either way. Employment growth is stuck and wage growth is slowing, especially among low-paying jobs. Loan…
Leading UK tech investor warns of ‘disconcerting’ signs of AI stock bubble
James Anderson voices concern over soaring valuations of artificial intelligence firms A leading British tech investor has described soaring valuations of artificial intelligence companies as “disconcerting”, amid concerns of an AI stock market bubble. James Anderson was an early backer of Tesla, Amazon and China’s Tencent and Alibaba, generating vast returns for Baillie Gifford’s flagship…
Nvidia sets fresh sales record amid fears of an AI bubble and Trump’s trade wars
Despite surpassing Wall Street expectations for its AI chips, company shares drop 2.3% in after hours trading Chipmaker Nvidia set a fresh sales record in the second quarter, surpassing Wall Street expectations for its artificial intelligence chips. But shares of the chip giant still dropped 2.3% in after hours trading, in a sign that investors’…
Is the AI boom finally starting to slow down?
Stocks of firms with big AI pushes tumbled this week, Meta announced an AI hiring freeze, and the first big test of an AI reality check looms Hello, and welcome to TechScape. Just beneath the breathless promotion of AI, cracks are beginning to appear AI lovers grieve loss of ChatGPT’s old model: ‘Like saying goodbye…
The secrets of the world’s richest company – podcast
Nvidia is the world’s first $4tn company – and it just made an astonishing deal with Trump. But who is the company’s founder, Jensen Huang, and what is behind its success? Tae Kim explains It is the richest company in the world, with a market value of $4tn. But while you may know the names…