Saturday Night Live aired a hilarious skit in which "Donald Trump" tells "Joe Biden" that he can't return to Mar-a-Lago because Elon Musk is always there. While meant as comedy, there may be some truth to the portrayal.
US GDP grew by 2.3% on an annualised basis in the final quarter, according to the Bureau of Economic Analysis. This was slower than the 2.6% annualised growth expected by economists polled by Reuters. It was also slower than the previous quarter, when growth was 3.1% annualised.
Donald Trump’s administration is considering stricter limits on Nvidia’s H20 chip sales to China, due to DeepSeek AI and growing concerns over the Asian giant’s AI tech advancements. The H20 chips, compliant with US restrictions,
Silicon Valley’s been rattled by a low-cost Chinese AI – with the start-up claiming its DeepSeek technology can emulate the performance of ChatGPT, at a fraction of the cost. Its launch shook share markets and spawned allegations from OpenAI that their Chinese rivals used its work and models to make their artificial intelligence.
The high performance, low cost AI model has sent the tech world and markets into turmoil. But how should marketers react?
In an executive order last week, the Trump administration called for a pause on handing out the funds that are legally set aside under the Inflation Reduction Act and the Bipartisan Infrastructure Law. That includes hundreds of billions of dollars for climate research and infrastructure.
Newsweek tested the two leading chatbot AIs to see how they differed on the most important political events in recent history.
Importantly, several Wall Street analysts have updated or reiterated their forecasts since DeepSeek published its research paper last week, and they all see upside in Nvidia stock from its current price of $128 per share. Gil Luria at D.A. Davidson set his target price at $135 per share, implying a 5% upside.
On Tuesday night, President Donald Trump issued a pardon to Ross Ulbricht, who ran the dark web marketplace Silk Road under the pseudonym “Dread Pirate Roberts.” Ulbricht has been serving a life sentence without parole since 2015, when he was convicted of multiple charges, including the distribution of narcotics.
Deepseek is starting to raise flags as the tech community responds with mockery amid allegations the Chinese startup is copying the copiers.
The arrival of Deepseek, a Chinese AI app, rocked the tech world and currently has US tech bros shaking in their boots.
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever—but the company faced another selloff Wednesday.