Nvidia Briefly Worth $1 Trillion Thanks to Ai Boom
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Alphabet joins the $2 trillion market-cap club — and could vault above Nvidia
The Google parent put “doomsday AI search share-loss fears” to bed with its latest earnings report.MarketWatch - Business -
A defense budget of $1 trillion is looming. Here’s how to stop it
Stopping a trillion-dollar Pentagon budget requires mass movement to overcome the arms industry’s hold over Congress.The Hill - Politics -
Meta says revenue will be weak as it spends even more on AI
Push to integrate AI into Meta products boosts financial results, but share prices tumble with weak sales forecast. Meta’s drive to integrate artificial intelligence into its products yielded strong financial results for the second quarter in a ...The Guardian - World -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - World -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - Tech -
Investors Cheer AI Spending Boom in Big Tech---Just Not at Meta
Meta had its worst trading day in 18 months after warning of years of AI investment. Shares of Microsoft and Google parent Alphabet rallied.The Wall Street Journal - Tech -
Nvidia to purchase Run:ai for $700M, further asserting its dominance in the AI stack
Nvidia plans to acquire Run:ai, a Kubernetes-based software provider that helps optimize AI apps and workloads on GPUs.VentureBeat - Tech -
Nvidia stands to benefit as Meta spurs an even greater AI spending spree
Nvidia is among a number of companies expected to benefit from Meta’s loftier capital-expense budget.MarketWatch - Business -
Nvidia supplier SK Hynix reverses losses in first quarter on explosive AI demand
This comes after SK Hynix posted net losses for five consecutive quarters from a slump in the memory chip market.CNBC - Business -
Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions
AI startup Synthesia on Thursday announced the launch of its "Expressive Avatars," AI-generated digital avatars that can convey human emotions.CNBC - Business -
Boomergasms Are Booming
Dating apps from Feeld to Match have become ground zero for aging singles to unlock their newfound sexual appetites—and a bolder sense of self.Wired - Tech -
Trillions of cicadas emerge across U.S.
Trillions of cicadas are emerging in some parts of the country after laying dormant for more than a decade. In Illinois, two broods will co-emerge for the first time in over 200 years. The collective noise from the insects can be as loud as a jet ...CBS News - Top stories -
Is the Beast blender worth it?
The Beast blender is a powerful appliance that’s ideal for making smoothies, milkshakes, sauces and dips. Here’s our full review.NBC News - Top stories -
Nvidia I Sunday on 60 Minutes
One of only five companies to ever surpass $2 trillion in stock market value, computer chip maker Nvidia ushered in the artificial intelligence revolution with its groundbreaking software and graphics processing unit. Bill Whitaker reports, Sunday.CBS News - Top stories -
With YouTube Booming, Podcast Creators Get Camera-Ready
To some, “video podcasts” are a contradiction in terms. That hasn’t made them any less popular.The New York Times - Top stories -
Palestinians thank U.S. students for support as Netanyahu condemns them
As Israel's leader equates U.S. university protests to rallies in Nazi Germany, Palestinian students tell CBS News what the support means to them.CBS News - Top stories - Israel -
Palestinians thank U.S. students for support as Netanyahu condemns them
As Israel's leader equates U.S. university protests to rallies in Nazi Germany, Palestinian students tell CBS News what the support means to them.CBS News - World - Israel -
In Hush Money Trial, Pecker Says Trump Thanked Him for Burying Stories
David Pecker, former publisher of The National Enquirer, testified that Donald J. Trump thanked him for burying stories.The New York Times - Top stories - Donald Trump -
In Silicon Valley, You Can Be Worth Billions and It’s Not Enough
Andreas Bechtolsheim, the first investor in Google, has an estimated $16 billion fortune. He recently settled charges that he engaged in insider trading for a profit of $415,726.The New York Times - Tech -
With Inflation This High, Nobody Knows What a Dollar Is Worth
Strong reactions to rising prices and misunderstandings about the value of money are rampant, our columnist says.The New York Times - Business -
With Inflation This High, Nobody Knows What a Dollar Is Worth
Strong reactions to rising prices and misunderstandings about the value of money are rampant, our columnist says.The New York Times - Top stories -
How much is the state pension worth now?
Payments to pensioners have risen by 8.5% following the government's "triple lock" pledge.BBC News - Top stories -
As ketamine therapy booms, industry insiders worry about patient safety
Ketamine has become a popular alternative treatment for depression and other mental-health ailments — but doctors and regulators are increasingly concerned about its risks.MarketWatch - Business -
Latin American developer outsourcers capitalise on remote work boom
Agencies providing overseas-based staff for US clients have prosperedFinancial Times - World -
Nvidia CEO Jensen Huang personally delivers first DGX H200 to OpenAI
Nvidia CEO Jensen Huang personally delivers the groundbreaking DGX H200 AI processor to OpenAI, heralding significant advancements in AI technology and research capabilities.VentureBeat - Tech -
The timing may be just right to buy Nvidia or other semiconductor stocks
So far this year, the PHLX Semiconductor Index has increased 8.7% (with dividends reinvested), but it has declined 7.7% in April. Meanwhile, shares of industry star Nvidia Inc. have declined 12% this month.MarketWatch - Business -
Richard Cordray to step down from job overseeing $1.6 trillion in federal student loans
The former CFPB director will end his tenure as head of the Office of Federal Student Aid in June.MarketWatch - Business -
Marvel's Spider-Man 2 Lets You Select Classic Suit Variants Again Thanks To New Patch
A patch for Marvel's Spider-Man 2 mistakenly removed the option to use Classic Suit variants in the game. After reports from the community, developer Insomniac Games has released a new patch, version 1.002.004 to be exact, which addresses this ...GameSpot - Tech -
Thank You, Goodnight review – Bon Jovi’s surprisingly devastating ode to lost youth
There’s plenty of great stuff in this documentary to keep super fans happy – but you only need to know 80s banger Livin’ on a Prayer to get emotional as the ageing band break down before your very eyes. Every pop biography has the same dilemma: ...The Guardian - World -
Aya Nakamura thanks fans for support over Olympics racism as she wins awards
French singer dedicates top prizes at Les Flammes ‘to all black women’ after backlash over rumoured Paris show. The French pop star Aya Nakamura, who found herself at the centre of a racist row after rumours she was going to sing at the Paris ...The Guardian - World -
Elon Musk Is a Once-in-a-Lifetime Leader. But Is He Really Worth 250 CEOs?
Tesla's record-breaking CEO pay was voided in court. The board just asked shareholders to vote it in again.Inc. - Business - Elon Musk -
TikTok could soon be sold. Here's how much it's worth.
President Joe Biden has signed legislation that could lead to TikTok being sold or banned. Here's who might buy it — and for how much.CBS News - Top stories - Tiktok -
Tesla among electric carmakers forced to cut prices as market stalls
EV sales have plateaued across the world but the newfound glut of vehicles may just be temporary. Elon Musk became the world’s richest man by evangelising about electric cars – and delivering them by the million. Yet in recent months his company, ...The Guardian - World - Tesla -
Chip sector due a May bounce with Nvidia near ‘trough valuation,’ say Bank of America strategists
The big-tech trade is having a wobble. But chip stocks are due a rebound, say Bank of America strategists.MarketWatch - Business -
Nvidia jumps more than 15% this week. A key reason: what other companies are saying
A week ago, Nvidia had its third-worst day on record. Those losses have now been completely erased and then some.CNBC - Business -
It’s not only AI that hallucinates
Human memory is also fallible but people and machines can learn to complement each otherFinancial Times - Business -
Lions agree to contract extensions with St. Brown and Sewell worth combined $200M, AP source says
The Detroit Lions have invested in their future, keeping a pair of All-Pro players under contract for the next five seasonsABC News - Sports -
PGA Tour players learn how much loyalty is worth in new equity program
Players who stayed loyal to the PGA Tour in the divide with Saudi-funded LIV Golf are starting to find out how much that loyalty could be worthABC News - Sports -
What Is TikTok Worth? Some Say $20 Billion, Others Say $100 Billion
The answer depends partly on whether TikTok bundles the U.S. and international businesses, and if it includes its coveted algorithm.The Wall Street Journal - Tech - Tiktok -
Mark Zuckerberg's net worth plummets by more than $18 billion in Meta stock drop
Meta shares plunged on Thursday, bringing down Mark Zuckerberg's net worth, after the CEO told Wall Street about the many ways his company is losing money.CNBC - Business