3 w. ago Gormanston crash as multiple feared dead after smash between bus, truck and car

A major incident has been declared in Gormanston, Co Meath, after a horror crash between a bus, truck and car - with multiple fatalities feared

Events

3 w. ago Gormanston crash as two dead with teen and woman in hospital after three

A major incident has been declared in Gormanston, Co Meath, after a horror crash between a bus, truck and car - with multiple fatalities feared

Events

3 w. ago Nvidia’s earnings results are in and they’re a pulse check on frenzied AI spending

Investors were starting to wonder if the AI craze has been overblown

Politics

3 w. ago ‘AI is going everywhere, doing everything:’ Nvidia beats Wall Street estimates amid market selloff and AI bubble fears

The $5tn firm handily beat expectations, but analysts are awaiting projections for future demand for firm’s AI chipsNvidia shares are rising in after-market trading after the company posted third-quarter earnings that beat Wall Street estimates. All eyes were on Nvidia, the bellwether for the AI industry and the most valuable publicly traded company in the world, as analysts and investors hoped the chipmaker’s third-quarter earnings would assuage concerns about whether the high-flying valuations of AI firms have peaked.“Blackwell sales are off the charts, and cloud GPUs are sold out,” said Jensen Huang, founder and CEO of Nvidia in a press release. “Compute demand keeps accelerating and compounding across training and inference – each growing exponentially. We’ve entered the virtuous cycle of AI. The AI ecosystem is scaling fast – with more new foundation model makers, more AI startups, across more industries, and in more countries. AI is going everywhere, doing everything, all at o...

Politics

3 w. ago ‘We excel at every phase of AI’: Nvidia CEO quells Wall Street fears of AI bubble amid market selloff

Jensen Huang opens earnings call with attempt to dispel concerns after his $5tn firm beat Wall Street expectationsNvidia shares are rising in after-market trading after the company posted third-quarter earnings that beat Wall Street estimates. All eyes were on Nvidia, the bellwether for the AI industry and the most valuable publicly traded company in the world, as analysts and investors hoped the chipmaker’s third-quarter earnings would assuage concerns about whether the high-flying valuations of AI firms have peaked.Jensen Huang, founder and CEO of Nvida, opened the earnings call with an attempt to dispel those concerns. In sum, Huang said, there’s a major transformation happening in AI and Nvidia is foundational to that transformation. Continue reading...

Economics

3 w. ago Nvidia to report earnings amid market selloff and rising fears of AI crash

Company set to beat Wall Street expectations but analysts await projections for future demand for firm’s AI chipsAll eyes are on Nvidia, the bellwether for the AI industry, as analysts and investors hope the chipmaker’s third-quarter earnings assuage concerns about whether the high-flying valuations of AI firms have peaked.A great deal will ride on how confident Nvidia’s chief executive, Jensen Huang, appears in his forward-looking guidance. Analysts and experts say that although they are largely confident Nvidia will beat Wall Street expectations, they are anxiously awaiting news on the status of industry demand for the firm’s AI chips. Continue reading...

Events

3 w. ago Nvidia earnings will shed a light on whether Big Tech is fueling an AI boom or bubble

Computer chipmaker Nvidia is poised to release a quarterly earnings report that is expected to either deepen a recent downturn in the stock market or prompt an ebullient sigh of relief among investors increasingly worried the world’s most valuable company is perched upon an artificial intelligence bubble about to burst

Science

3 w. ago European stocks sink amid fears over tech sector overvaluation

Jensen Huang’s Nvidia is due to release its earnings report on Wednesday.

Politics

3 w. ago Tesla Autopilot 'saved' motorist when it swerved to avoid 75mph head on crash

Clifford Lee was driving down a freeway in New Mexico, US when a truck went onto his lane to overtake a lorry. He feared he would have a head-on crash at 75mph

Events

3 w. ago Bitcoin price falls again as investors' fears grow of major AI crash

Slump comes as Google boss warns no company would be immune from impact

Economics