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Nvidia and OpenAI CEOs to attend White House dinner with Trump and Xi
Business News

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.
Wall Street rebounds as Fed rate hike worries ease
Business News

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.
King Charles to urge AI firms not to lose control at Scotland conference
World News

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.
AI must be stopped, says Swedish professor as Anthropic calls for slowdown
Sweden News

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
Meta and Nvidia CEOs push back on calls to slow AI development
Business News

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
AI concerns weigh on Wall Street as tech stocks fall at the start of the week
Business News

AI concerns weigh on Wall Street as tech stocks fall at the start of the week

The New York Stock Exchange began this week's trading on a sour note in a situation where concerns about potential security problems have shaken the AI industry.
Nvidia reportedly considering up to $10 billion stake in Anthropic IPO
Business News

Nvidia reportedly considering up to $10 billion stake in Anthropic IPO

The world’s leading chipmaker Nvidia is considering investing as much as $10 billion in shares in AI company Anthropic’s planned blockbuster listing, reports Reuters.
Nvidia buys AI platform Hugging Face in $13 billion deal
Business News

Nvidia buys AI platform Hugging Face in $13 billion deal

After a period of speculation, it is now clear that Nvidia is buying the AI platform Hugging Face. Price tag: $13 billion, equivalent to 125 billion Swedish kronor
Oil and interest rates jump as Wall Street falls sharply
Business News

Oil and interest rates jump as Wall Street falls sharply

When the price of oil and market interest rates rise, stock prices on Wall Street tend to fall. That old truth also held true on Tuesday
Anthropic signs $35 billion cloud deal with Nvidia-backed Lambda amid capacity shortage
Business News

Anthropic signs $35 billion cloud deal with Nvidia-backed Lambda amid capacity shortage

Nvidia slips slightly in futures after report rally
Business News

Nvidia slips slightly in futures after report rally

Shares in American chipmaker Nvidia are down 0. 6 percent in futures trading on Wall Street after rising 8
Asian stock markets mostly rise as Tokyo gains and Seoul falls
Business News

Asian stock markets mostly rise as Tokyo gains and Seoul falls

Several stock markets in Asia look set to end the week with gains.
Nvidia surges nearly 9% after beating Wall Street forecasts, lifting U.S. stocks
Business News

Nvidia surges nearly 9% after beating Wall Street forecasts, lifting U.S. stocks

Nvidia rose sharply after beating expectations with its latest quarterly report - and the rest of the New York Stock Exchange followed suit.
Stockholm stock market edges higher after strong Nvidia report
Business News

Stockholm stock market edges higher after strong Nvidia report

An unexpectedly strong interim report from American chipmaker Nvidia on Wednesday evening, which exudes optimism about the future of the AI sector, had some impact in Stockholm. The broad OMXS index closed up 0
Nvidia beats expectations as revenue more than doubles, stock rises after hours
Business News

Nvidia beats expectations as revenue more than doubles, stock rises after hours

The American semiconductor giant Nvidia beat analysts' expectations with its quarterly report. The stock rose in after-hours trading
Wall Street edges lower as Nvidia falls ahead of earnings report
Business News

Wall Street edges lower as Nvidia falls ahead of earnings report

The leading indexes on the New York stock market fell on Wednesday. But the moves were small
Huawei bids for major AI data center deal in Egypt, report says
Business News

Huawei bids for major AI data center deal in Egypt, report says

Tech giant Huawei Technologies - Nvidia’s biggest Chinese competitor - has offered to build a new large AI data center in Egypt, as the Trump administration tries to get American companies to come up with a better offer.
Stockholm Stock Exchange edges higher as Boliden and Epiroc rise, H&M falls on downgrade
Business News

Stockholm Stock Exchange edges higher as Boliden and Epiroc rise, H&M falls on downgrade

The Stockholm Stock Exchange rose in a global wave of increased risk appetite. The OMXS index closed up 0
Nvidia’s earnings report could test AI boom concerns as revenue and profit seen doubling
Business News

Nvidia’s earnings report could test AI boom concerns as revenue and profit seen doubling

Forecasts are always beaten. And perhaps that is even more necessary now that the AI halo has become somewhat tarnished
Nvidia ends seven-day losing streak as Wall Street closes higher
Business News

Nvidia ends seven-day losing streak as Wall Street closes higher

Leading Wall Street indexes advanced on Tuesday. The world's largest company, Nvidia, broke a losing streak
Nvidia falls for seventh straight session on Wall Street ahead of earnings report
Business News

Nvidia falls for seventh straight session on Wall Street ahead of earnings report

For the seventh straight trading day, AI giant Nvidia fell on the New York Stock Exchange. Two of the three leading indexes on Wall Street fell on Monday
AI concerns weigh on Stockholm Stock Exchange as ABB falls 2.3 percent
Business News

AI concerns weigh on Stockholm Stock Exchange as ABB falls 2.3 percent

Concerns in the AI sector are weighing on Wall Street - and sending ripples through Sweden. The Stockholm Stock Exchange's broad OMXS index fell 0
Nvidia and Wallenberg Collaborate on AI Supercomputer in Sweden
Business NewsTop News

Nvidia and Wallenberg Collaborate on AI Supercomputer in Sweden

The American tech giant Nvidia is to open an AI center in Sweden. Large Swedish companies such as Astra Zeneca, Saab, SEB and Ericsson will participate in the operations
Wall Street Sees Broad Decline Amid Miner Protests
Business News

Wall Street Sees Broad Decline Amid Miner Protests

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