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Nvidia, the chip giant and the world’s most valuable company, reported record profits for its latest quarter on Wednesday as demand for AI computing continues to soar. “Global token demand has grown absolutely exponentially,” CEO Jensen Huang said in a post-earnings conference call with analysts. “I think we’re all seeing a situation where even GPUs that have been in the cloud for six years are completely consumed and prices are going up.” The company reported revenue of $68 billion in its most recent quarter, up 73% from a year ago, with $62 billion of that coming from its data center…
Big tech companies are expected to meet with President Donald Trump at the White House next week and sign a pledge to provide their own power to artificial intelligence data centers. Amazon, google, Meta, microsoft,xAI, oracle White House officials confirmed this to CNBC on Wednesday.”Under this bold initiative, these large companies will build, install and buy their own power supplies for new AI data centers, ensuring Americans’ electricity bills don’t rise as demand increases,” White House Press Secretary Taylor Rogers told CNBC. Fox News first reported the development. In his State of the Union address on Tuesday, President Trump said…
Nvidia Corp. Chief Executive Officer Jensen Huang speaks at the 2026 CES event in Las Vegas, Nevada, USA, Tuesday, January 6, 2026. Siemens and NVIDIA announced an expansion of their strategic partnership to develop industrial and physical AI solutions to bring AI-driven innovation to industrial workflows. Photographer: Bridget Bennett/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesNvidia The company reported 11 consecutive quarters of more than 55% revenue growth as major technology companies brought more of its AI chips to market. Already the world’s most valuable publicly traded company, its growth is now reaccelerating.Nvidia said in its earnings report Wednesday…
Kiev hopes that progress in the talks in Geneva will pave the way for direct talks between the Russian and Ukrainian leaders.listen to this article | 4 minutesinformationRussia launched a barrage of missile and drone strikes across Ukraine overnight, injuring at least eight people, ahead of the latest high-level talks between Kiev and Washington, now in their fifth year, aimed at ending the war.Kyiv Mayor Vitali Klitschko said the latest attack on the capital early Wednesday damaged a nine-story residential building in the Darnitsky district and caused fires in homes and garages elsewhere in the city.Recommended stories list of 4…
Fabio Wardley has criticized the possibility of Oleksandr Usyk facing elite kickboxer Rico Verhoeven.Verhoeven is widely regarded as the best heavyweight kickboxer in the world and dominated Promotion Glory before relinquishing the kickboxing crown following an impressive championship reign dating back to 2013. Usyk is a two-time undisputed heavyweight champion, having defeated both Anthony Joshua and Tyson Fury twice. The Ukrainian has not boxed since knocking out Daniel Dubois at Wembley Stadium last year. fascinate This content is provided by fascinatecookies and other technologies may be used. To view this content, you must allow cookies. You can change the settings…
Anthropic announced Wednesday that it has acquired Vercept, an AI startup with deep roots among the big names in Seattle’s tech scene. The acquisition is the latest since Anthropic acquired coding agent engine Bun in December to help expand Claude Code. Vercept had been creating tools for more complex agent tasks, such as Vy, a computer-based agent product in the cloud that could operate remote Apple MacBooks. Vercept is one of many startups working to reimagine personal computers for the age of AI agents. As part of the deal, Anthropic will discontinue Vercept’s products on March 25th. The startup is…
President Trump proposes a new retirement plan in a match with the federal government. Who benefits?
Millions of workers without access to 401(k)s or other workplace retirement plans could have a new way to invest and a government match of up to $1,000 a year under President Donald Trump’s proposal.”Half of working Americans still don’t have access to a retirement plan with matched employer contributions,” President Trump said in Tuesday’s State of the Union address. “To address this egregious disparity, I am announcing that next year, my administration will give America’s often forgotten workers access to the same kind of retirement benefits available to all federal employees. We will provide contributions of up to $1,000 each…
According to HSBC, “software is already eating up AI” and will continue to do so, but the bank is ignoring recent market concerns about the sector being replaced by artificial intelligence. Software stocks tumbled earlier this month as widespread concerns that AI could make the software-as-a-service (SaaS) business model obsolete led to a selloff and warnings of an impending “SaaSpocalypse.” However, HSBC analysts said in a note on Tuesday that they do not expect software to be usurped by AI, but rather will be a major beneficiary of its developments. Consumer AI platform developers such as Google’s parent company Alphabet,…
Hong Kong Reuters — A Hong Kong court on Thursday sentenced the father of a wanted democracy activist to eight months in prison under the city’s national security law for attempting to cancel his insurance policy and withdraw funds. Kwok In-san, 69, was found guilty on February 11 of “attempting to deal directly or indirectly with funds, other financial assets or economic resources” belonging to a “fugitive” under the city’s own National Security Law (also known as Article 23). He is the first person in the city to be charged and convicted of this crime. He pleaded not guilty and…
As rugby league’s takeover of Las Vegas gets into full swing, Sky Sports’ Megan Wellens takes you behind the scenes of the hectic opening days…Once I got over the initial jet lag (I’m not kidding, I haven’t gotten over it yet), my first job in Las Vegas was to see the sights, and 17,000 steps later I had completed just that. Now, this isn’t my first time coming to Las Vegas. I came here 10 years ago when I was 19 years old, and what I felt this time was that rugby league was in full swing. Sky Sports Rugby…