Nvidia races towards $1tn club as AI frenzy drives chip stocks higher
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UK sends Canary Wharf landlord first cladding bill under new powers
Housing department seeks to force Yianis Group to pay £20.5mn towards building safety worksFinancial Times - Business - United Kingdom -
Celebrate that European safe assets have joined the €1tn club
Experience shows that joint financing of public goods worksFinancial Times - World -
AI boom drives global stock markets to best first quarter in 5 years
MSCI index of world stocks rises 7.7% as optimism about US economy offsets expectations of slower rate cutsFinancial Times - Business -
Dow Industrials, S&P 500 Dip to Start Week
Stocks were mostly lower as chip makers came under pressure, after a report that China plans to phase out U.S.-made microprocessors in government computers and servers.The Wall Street Journal - World -
Stocks Finish Lower, Led by Nasdaq
U.S. stocks finished lower, with the S&P 500 creeping further from its recent record highs.The Wall Street Journal - World -
CIOs share how they are harnessing gen AI’s potential at Nvidia GTC
From detecting anomalies in security logs to improving developer productivity through automation of code migrations, CIOs and IT leaders shared how they're harnessing gen AI's potential across a broad base of use cases to achieve productivity gains.VentureBeat - Tech -
Nvidia's AI ambitions in medicine and health care are becoming clear
Applying Nvidia AI chips to health care, whether it's biotechnology, chemicals, or drug discovery is going to be a big business.CNBC - Business -
Pure Storage, Nvidia partner to democratize AI with new infrastructure solutions
Pure Storage and Nvidia collaborate to deliver validated AI infrastructure solutions, empowering enterprises with high-performance data storage and compute capabilities for successful AI deployments at scale.VentureBeat - Tech -
Competitors Plot to Break Nvidia's Grip on AI by Targeting Software
Qualcomm, Google and Intel join a group trying to provide alternative AI software that won't require Nvidia chips.Inc. - Business -
Nvidia has a parade of partners, but these two stocks are my favorite beneficiaries
Jim Cramer reflects on Nvidia's GTC conference and identifies the companies that stand to gain the most through partnerships with the AI chip giant.CNBC - Business -
Eliyan raises $60M for chiplet interconnects that speed up AI chips
Eliyan has raised $60 million in funding for its chiplet interconnect technology that speeds up the processing for AI chips.VentureBeat - Tech -
Chip Company Helping Power AI Raises $175 Million
Gartner estimates artificial intelligence could consume up to 3.5% of the world’s electricity by 2030. Chip manufacturer Celestial AI says its technology can help minimize that demand.The Wall Street Journal - World -
What’s behind Tesla’s stock rally? A short test drive.
A new sales directive is boosting Tesla’s stock on Tuesday.MarketWatch - Business -
How the U.S. is faring against China in computer chip race
The global competition to secure access to semiconductors is perhaps the most vital competition of all the battles for resources on the planet. Economic historian Chris Miller joins CBS News to discuss how lawmakers are addressing the challenge ...CBS News - Top stories - China -
‘Attention is All You Need’ creators look beyond Transformers for AI at Nvidia GTC: ‘The world needs something better’
Seven of the eight authors of the Transformers paper, which led to the gen AI boom, gathered to chat at GTC with Nvidia CEO Jensen Huang.VentureBeat - Tech -
Nvidia triples and Intel doubles generative AI inference performance on new MLPerf benchmark
There are more than 8,500 performance results in the MLCommons' latest benchmark, testing all manner of combinations and permutations of hardware, software and AI inference use cases.VentureBeat - Tech -
SK Hynix, the exclusive partner to Nvidia's most advanced graphic-processor units, plans to invest roughly $4 billion to build an advanced chip-packaging facility in Indiana.
SK Hynix, the exclusive partner to Nvidia’s most advanced graphic-processor units, plans to invest roughly $4 billion to build an advanced chip-packaging facility in Indiana.The Wall Street Journal - World -
Reddit stock charges higher, even as it picks up a neutral rating
Reddit’s stock is continuing its sharp ascent in Tuesday trading, even as an analyst took a sidelined stance on the social-media name.MarketWatch - Business -
IndyCar $1 Million Challenge results: Alex Palou dominates a tame race at The Thermal Club
After a first-lap incident in the first heat, the action was straightforward.Yahoo Sports - Sports -
Apple’s stock has faltered, but a Steve Jobs moment in AI may be on the horizon
Apple is perceived to be behind the curve when it comes to AI. But what if CEO Tim Cook is about to stage his big “Steve Jobs” moment?MarketWatch - Business -
Databricks launches DBRX, challenging Big Tech in the open source AI race
Databricks launches DBRX, a powerful open source AI model that outperforms rivals, challenges big tech, and sets a new standard for enterprise AI efficiency and performance.VentureBeat - Tech -
Infrastructure: from investment backwater to a $1tn asset class
Early movers profited from unloved assets, but higher interest rates and more competition mean windfalls will become harder to achieveFinancial Times - Business -
How the AI potential of Reddit’s user data has helped send its stock soaring
The social-media website’s stock continues to attract investor interest after its closely watched IPO last week.MarketWatch - Business -
Micron’s stock heads for best month in 13 years as bulls see more AI gains ahead
Micron has cemented itself in Wall Street’s eyes as a financial beneficiary of artificial intelligence, and investors are excited about what’s to come.MarketWatch - Business -
It’s time to buy the next leg of the AI story. Think global, says Citi, offering these stock picks.
Citigroup analysts are greenlighting the next round of AI stock buying, but say look beyond U.S. shores.MarketWatch - Business -
Amid Kate frenzy, hospital responds to Catherine's reported medical-records breach
As public interest into Kate Middleton's health intensifies, the London Clinic responds to a report that her medical records were illegally accessed.Los Angeles Times - Entertainment -
Monday Night Club
Alistair Bruce-Ball and guests debate the weekend's football.BBC News - Top stories -
Krispy Kreme soars 40% on deal with McDonald’s to sell its doughnuts nationwide
Krispy Kreme’s stock soared Tuesday, after the doughnut seller said its doughnuts will start becoming available at all of the fast-food giant’s U.S. restaurants.MarketWatch - Business -
Merck’s stock rallies toward a record after FDA OKs arterial-hypertension drug
Merck’s stock rallied into record territory Wednesday, after the drug giant’s treatment for pulmonary arterial hypertension, Winrevair, was approved by the U.S. Food and Drug Administration.MarketWatch - Business -
Millions go hungry as a billion meals binned every day, says UN report
UN Food Waste Index report also finds global food wastage is big contributor to climate crisis. More than a billion meals are thrown away every day, in poor countries as well as rich ones, despite more than 730 million people living in hunger ...The Guardian - World - United Nations -
Nvidia Partner Plans $4 Billion Investment in Indiana
The South Korean memory chip maker is expected to build an advanced-packaging facility in West Lafayette, creating up to 1,000 jobs.The Wall Street Journal - Tech -
Apple Chip Flaw Leaks Secret Encryption Keys
Plus: The Biden administration warns of nationwide attacks on US water systems, a new Russian wiper malware emerges, and China-linked hackers wage a global attack spree.Wired - Tech - Apple -
Waiting for Evan, Putin's 'bargaining chip' in Russian jail
It has been one year since US journalist Evan Gershkovich was arrested in Russia and accused of spying.BBC News - Top stories - Russia -
Rohm Proposes Strengthening Chip Tie-Up With Toshiba
Rohm has proposed strengthening a chip tie-up with Toshiba as international competition intensifies in the semiconductor industry.The Wall Street Journal - World -
Costco and Sam's Club's smaller rival BJ's Wholesale will open more clubs in Southeast
The membership warehouse BJ's Wholesale said it plans to open a dozen clubs this year and 10 to 12 clubs each year going forward.CNBC - Business -
Comex Gold Settles Higher
Gold prices rose, clawing back some of Friday’s losses, with the front-month Comex contract for March settling up 0.8% at $2174.80.The Wall Street Journal - World -
Meet the Tech Company That Had a Better Year Than Nvidia
Super Micro Computer has gone from an obscure server maker to a $60 billion company set to join the S&P 500 Monday.The Wall Street Journal - Tech -
Nvidia unveils Latte3D to instantly generate 3D shapes from text
Nvidia unveiled Latte3D to use generative AI to instantly generate 3D shapes from text.VentureBeat - Tech -
You Too Can Innovate Like Nvidia's Jensen Huang
Here are the top three leadership lessons from the Most Innovative Companies of 2024.Inc. - Business -
Reading FC’s owner leaves 150-year-old football club in crisis
The cautionary tale of Dai Yongge, who bought Reading in 2017, highlights drive for English football regulatorFinancial Times - World