Nvidia Unveils New AI Products at GTC Event

Nvidia Unveils New AI Products at GTC Event

On Tuesday, the company’s CEO Jensen Huang announced a wide-ranging set of partnerships and products that enable this latest wave of artificial intelligence services—all powered by Nvidia’s semiconductors. “Generative AI’s incredible potential is inspiring virtually every industry to reimagine its business strategies and the technology required to achieve them,” Huang said during the Nvidia (ticker: … Read more

Bitcoin Prices Slips. The Fed Decision Will Be a Key Moment for Cryptos.

5 Reasons Bitcoin's Price Is Soaring Amid the Bank Panic. One Is Key for Stocks.

Bitcoin and other cryptocurrencies settled lower Tuesday after a rally that carried digital assets to their highest point since last summer. While the Federal Reserve decision Wednesday is the next key catalyst, cryptos show signs of fundamental strength. The price of Bitcoin has fallen 2% over the past 24 hours to $27,750 after the largest … Read more

Researchers 3D printed this cheesecake

Researchers 3D printed this cheesecake

(CNN) Researchers have been pushing the limits of 3D printing for decades, using the manufacturing technique to churn out consumer goods such as furniture and shoes, human organs and even a rocket. But can the industrial technology be applied to make a fully baked dessert that can be fabricated in your home kitchen? Engineers at … Read more

Nvidia announces tech for speeding up chip design at AI conference

Nvidia announces tech for speeding up chip design at AI conference

March 21 (Reuters) – Nvidia Corp (NVDA.O) Chief Executive Jensen Huang on Tuesday unveiled a new product for speeding up the design of semiconductors as it rolled out an array of new artificial intelligence technologies based around its chips and software. Huang made the remarks at GTC, the company’s annual conference for software developers. Analysts … Read more

Janet Yellen signals further US support for deposits at smaller banks

Janet Yellen signals further US support for deposits at smaller banks

Janet Yellen has signalled further US government backing for deposits at smaller American banks if needed, a shift that seeks to protect parts of the country’s banking system struggling in the recent financial turmoil. After signs that panicked depositors pulled savings out of regional banks in recent days, the US Treasury secretary said guarantees offered … Read more

Treasury Secretary Yellen says the government could backstop more deposits if necessary

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US Treasury Secretary Janet Yellen testifies before the Senate Finance Committee on the proposed budget request for 2024, on Capitol Hill in Washington, DC, March 16, 2023. Andrew Caballero-reynolds | Afp | Getty Images Treasury Secretary Janet Yellen said Tuesday the government is ready to provide further guarantees of deposits if the banking crisis worsens. … Read more

5 things to know before the stock market opens Tuesday, March 21

5 things to know before the stock market opens Tuesday, March 21

Here are the most important news items that investors need to start their trading day: 1. Relief rally UBS’ “shotgun wedding” with Credit Suisse might have done the trick, at least for now, as U.S. equities markets rallied Monday following the latest moves to shore up the global banking system. Now, Wall Street’s focus is … Read more

UBS-Credit Suisse deal puts Switzerland’s reputation on the line

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UBS agreed on Sunday to buy its embattled domestic rival Credit Suisse for 3 billion Swiss francs ($3.2 billion) as part of a government-backed, cut-price deal. Swiss authorities and regulators helped to regulate the agreement, which came amid fears of contagion to the global banking system after two smaller U.S. banks collapsed in recent weeks. … Read more

EV batteries lack repairability leading some insurers to junk whole cars after even minor collisions

EV batteries lack repairability leading some insurers to junk whole cars after even minor collisions

American Conservation Coalition founder Benji Backer discusses the pros and cons of electric vehicles and green energy on ‘Kennedy.’  A scratched or slightly damaged electric battery might be enough for some insurers to write off entire cars, as for many electric vehicles there is no way to repair battery packs after collisions.  As a result, … Read more