Bloomberg Technology
Nvidia Becomes World’s Most Valuable Company
Nvidia Corp. shares rose to an all-time high on Wednesday, with the leader in artificial intelligence chips extending an advance that has cemented its position as one of the most valuable companies in the world. At one point during Wednesday’s trading, a Nvidia had a market cap of about $3.77 trillion, overtaking Microsoft Corp. at $3.66…
Bloomberg Technology
Why the AI Backlash Is Getting Worse
A Texas man has been charged with attempted murder of Sam Altman after he threw a Molotov cocktail at the tech CEO’s home last week. Prosecutors say that the suspect was carrying a document warning that artificial intelligence companies would cause humanity’s “impending extinction.” Sarah Frier joins Stacey Vanek Smith and Max Chafkin on the…
Bloomberg Technology
UK Executives See More AI Job Cuts
Half of UK executives now think AI will mean fewer jobs over the next decade — with young workers expected to be hardest hit. Irina Anghel explains. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here: Get…
Bloomberg Technology
NASA’s Proposed Budget ‘Slap in the Face,’ Nye Says
Bill Nye, also known as “The Science Guy,” and The Planetary Society chief ambassador, calls the proposed budget for NASA a “slap in the face,” especially after all that was accomplished with the Artemis II mission to the moon. He spoke to Bloomberg The Close on Monday. ——– Like this video? Subscribe to Bloomberg Technology…
Why the AI Backlash Is Getting Worse
UK Executives See More AI Job Cuts
NASA’s Proposed Budget ‘Slap in the Face,’ Nye Says
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@craiggmelville
June 26, 2025 at 6:36 pm
This is a dumb bet on Nvidia as the models have a scaling issue and other companies are competing in the AI chip front. They have also lost the GPU gaming side of the market with AMD now with partnerships with Microsoft, Sony and Valve. It’s a mater of time for CUDA to be replaced as the only thing giving team green the lead in AI.