AI spending expected to top $1 trillion in 2 years. That estimate’s way too low if Jensen Huang’s right
“The capex is at a trillion dollars, and it’s growing toward the three to four [trillion-dollar mark],” said Nvidia CEO Jensen Huang.
Oil prices fall as investors hope for U.S.-Iran deal
Iran and the U.S. have made little progress toward a deal since they agreed to fragile ceasefire last month.
Retail investors get direct access to SpaceX IPO through major brokerage platforms
SpaceX’s blockbuster public offering is giving everyday traders access that has traditionally been reserved for Wall Street’s biggest clients.
Quantum stocks soar as U.S. plans $2 billion funding incentives and equity stakes
Quantum computing shares popped as the U.S. government announced plans to award grants to nine firms operating in the space.
Crash signals are getting louder for European stocks, says BofA — Here’s why
European stocks are facing a sharp reversal, according to a key BofA price momentum gauge.
‘Europe doesn’t realize how dangerous it is’: Telecoms CEO warns of U.S. dominance in satellites, AI
Europe is vulnerable with a non-state actor like Starlink having the power to switch off the continent’s connectivity.
Tesla brings ‘Full Self-Driving (Supervised)’ to China after years of delays as local EV rivals race ahead
Tesla’s ‘Full Self-Driving (Supervised)’ capabilities are now available in China, the company said in an X post on Thursday, after years of delays.
UK-Gulf trade deal a ‘monumental achievement,’ Bahrain industry minister tells CNBC
Abdulla bin Adel Fakhro said the deal was a win-win for the U.K. and Gulf states.
AMD to invest $10 billion in Taiwan’s AI industry to advance top-end chips
AMD’s investments will focus on partnerships with companies to “advance” chip packaging and manufacturing required for next-generation AI infrastructure.
Ubisoft shares fall after Assassin’s Creed maker warns of further losses to come
Ubisoft shares fell on Thursday after the Assassin’s Creed maker warned of further losses this year.
