Business News

Business

Nvidia Unveils Plan to Revolutionize US Tech with AI Supercomputers and Job Creation

Nvidia announces a strategic plan to manufacture AI supercomputers in the US, aiming to create hundreds of thousands of jobs and generate up to $500 billion in AI infrastructure. T...

Business

Meta Advances AI Training in Europe: Leveraging EU User Data for Smarter AI

Meta Platforms Inc. announces the use of EU public content for AI training, focusing on improving understanding of regional languages and cultures, with opt-out options for users.

Business

Goldman Sachs CEO Warns: Rising Recession Risks and Global Economic Slowdown Loom

Goldman Sachs CEO David Solomon warns of heightened recession risks and a potential global economic slowdown, while also commenting on President Trump's gradual approach to trade t...

Business

Elon Musk Predicts AI Will Surpass Human Reasoning Capabilities in the Near Future

Elon Musk predicts AI will soon surpass human reasoning, citing xAI's Grok-3 Mini's perfect scores on tough reasoning tests. This advancement prompts discussions on AI's future imp...

Business

OpenAI Set to Revolutionize AI with Upcoming o3 and o4-mini Models Launch This Week

OpenAI is reportedly launching new AI models, o3 and o4-mini, capable of generating ideas and analyzing data across multiple fields, with outputs requiring user verification for po...

Business

LVMH Reports a 2% Revenue Dip to €20.3 Billion in Q1 Amid Mixed Regional Performances

LVMH reports a 2% revenue decline to €20.3 billion in Q1, with fashion and leather goods leading earnings but wines and spirits facing a sharp drop. Europe shows growth, while othe...

Business

Nvidia Unveils Plan to Revolutionize US AI Infrastructure with Domestic Supercomputer Production

Nvidia announces a strategic partnership to manufacture AI supercomputers in the US, aiming to invest $500 billion in AI infrastructure, create jobs, and boost the economy. The ini...

Business

Meta Expands AI Training to Include EU User Data, Enhancing Cultural and Linguistic Understanding

Meta Platforms Inc. is set to train its AI with EU user data to better understand regional languages and cultures, offering users the choice to opt out. Private messages and under-...