Apple Beats Quarterly Expectations as Revenue Rises 12% to $114.48 Billion
Technology giant Apple beat expectations in its quarterly report after the New York Stock Exchange closed on Monday evening.
Business
Apple Regains Title as World’s Largest Company, Overtaking Nvidia in Market Value
Apple is once again the world’s largest company by market capitalization.
Business
Wall Street rises as oil prices fall and AI stocks rally
Another day of falling oil prices and rising AI stocks sent the New York Stock Exchange broadly higher on Tuesday.
Technology
Wall Street Rises as Oil Prices Fall and Anthropic Files to List on Nasdaq
AI company Anthropic’s application to list on the Nasdaq in New York sent industry heavyweights soaring on Monday. Wall Street also rose broadly as oil prices fell.
Business
Meta Seeks $95 Billion Share Issue to Fund AI Investments as Stock Falls
Meta needs a huge cash injection and is asking its shareholders for $95 billion to invest in AI. But the stock continues to fall.
Technology
Germany Partners With Nvidia to Develop AI Models for Industry
Germany has partnered with chip giant Nvidia to drive AI development in industry.
Technology
Volvo Deepens Nvidia Partnership to Advance Self-Driving Technology
Volvo is building more Nvidia technology into its cars. The goal is once again to develop self-driving cars, but Volvo’s data is also intended to make Nvidia’s driving system safer. “The collaboration with Volvo is a huge opportunity for us because no company is more rigorous when it comes to driver safety than Volvo,” says Nvidia CEO Jensen Huang.
Technology
Nvidia CEO Jensen Huang Visits Sweden to Launch Sferical One Supercomputer
Several AI leaders have raised the alarm after so-called AI agents escaped and caused data breaches. Nvidia CEO Jensen Huang is not among them. No Swedish company should ever appear in a newspaper article because of an AI agent incident, he said during a visit to Sweden.
Business
Wall Street Falls as US Inflation Rises and AI Stocks Slide
The New York Stock Exchange fell sharply on Wednesday after new inflation data. Several AI-linked stocks also traded lower.
Technology
Nvidia to Announce $2 Billion in New European Investments Next Week, Jensen Huang Says
Nvidia will announce investments worth billions of dollars in Europe next week, including during a visit to Sweden, CEO and founder Jensen Huang said.
Business
Wall Street Closes Mixed as Meta Rises on New AI Model, Tech Stocks Fall
Trading on Wall Street was mixed on the first day of the trading week. Technology stocks fell, but Meta, which has launched a new AI model, bucked the trend.
Technology
Nvidia CEO Jensen Huang to Visit Stockholm Next Week for Two Events
Jensen Huang, founder of Nvidia, perhaps the most important company in the AI boom, is coming to Stockholm next week.
Business
Oil prices and rising rate fears weigh on Wall Street as AI stocks plunge
Oil prices are rising again, fueling inflation and interest rate concerns in the US. In New York, the stock market was also dragged down by plunging AI stocks.
Technology
Trump and AI leaders agree on self-regulation at White House meeting
US President Donald Trump hosted a meeting with leading figures in the US tech industry at the White House on Tuesday. The topic on the table was the future of AI development and growing demands for regulation.
Technology
Rising US interest rates rattle Wall Street as S&P 500, Nasdaq fall
Market interest rates in the US continue to rise, causing Wall Street to tremble on the first trading day of the week.
Business
Nvidia raises share buyback program by $150 billion to $235 billion
American chipmaker Nvidia is raising the ceiling on its share buyback program - a form of dividend to owners - by $150 billion (equivalent to SEK 1.5 trillion).
Business
Nvidia launches security tools to stop rogue AI agents
The American chip giant Nvidia has launched two different tools to protect against intrusions by so-called AI agents: Nvidia Sentry and Open Shell.
Technology
Trump and Xi praise friendship but announce no breakthroughs after White House talks
Donald Trump and Xi Jinping met and declared friendship and cooperation - but the two world leaders gave no new information on the many disputes that keep the great powers apart. "We have built a friendship, a really strong friendship," Trump said.
World politics
Nvidia and OpenAI CEOs to attend White House dinner with Trump and Xi
Nvidia and OpenAI CEOs Jensen Huang and Sam Altman will attend a dinner with Chinese President Xi Jinping at the White House next week, a source with knowledge of the matter told AFP.
Business
Wall Street rebounds as Fed rate hike worries ease
Wall Street stocks recovered on Thursday after the decline that followed the announcement of a US interest rate hike.
Business
King Charles to urge AI firms not to lose control at Scotland conference
King Charles III will urge tech giants not to "lose control" during a conference in Scotland on Thursday - and ensure that AI is directed toward serving humanity.
World
AI must be stopped, says Swedish professor as Anthropic calls for slowdown
The question of AI as an existential threat to humanity is highly topical. The CEO of AI company Anthropic is calling for a slowdown, but some experts do not believe that is enough. We need a complete stop, says Olle Häggström, professor of mathematical statistics at Chalmers.
Sweden
Meta and Nvidia CEOs push back on calls to slow AI development
Mark Zuckerberg and Jensen Huang, the CEOs of Meta and Nvidia respectively, do not believe that AI development should be slowed down. They are therefore at odds with their competitors on the issue.
Technology