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May 31 (Reuters) – The rally in the shares of Nvidia Corp (NVDA.O) that briefly propelled its market value to the trillion-dollar club saw little participation by retail traders, data showed, the latest sign they were turning cautious due to growing recession fears. Even though the chip designer is one of the top picks for… Continue reading Untitled
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Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source
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LULEA, Sweden, May 31 (Reuters) – The United States and European Union should push the artificial intelligence (AI) industry to adopt a voluntary code of conduct within months to provide safeguards while new laws are developed, EU tech chief Margrethe Vestager said on Wednesday. The European Union’s AI Act, with rules on facial recognition and… Continue reading Untitled
Elon Musk greeted with flattery and feasts during China trip
BEIJING, May 31 (Reuters) – He’s “a pioneer”, “Brother Ma” and some want him to be U.S. president. Billionaire Elon Musk has been showered with praise by the Chinese public during his trip to China and while also securing audiences with three government ministers. Since landing in Beijing on Tuesday, the Tesla Inc (TSLA.O) chief… Continue reading Elon Musk greeted with flattery and feasts during China trip
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JAKARTA, May 31 (Reuters) – A British consortium will invest for about $9 billion in Indonesia’s electric vehicle batteries sector and mining, working with companies such as Glencore and state miner Aneka Tambang, Indonesia’s investment minister told reporters on Wednesday. Reporting by Stanley Widianto Our Standards: The Thomson Reuters Trust Principles. Go to Source
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Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source
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TAIPEI, May 31 (Reuters) – Apple Inc (AAPL.O) supplier Foxconn (2317.TW) said on Wednesday artificial intelligence applications would strongly drive demand for its server business this year but reiterated 2023 overall would be a flat one for the company on global economic woes. Foxconn Chairman Liu Young-way told the company’s annual shareholders meeting the firm… Continue reading Untitled
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May 30 (Reuters) – Jensen Huang, the chief of chipmaker Nvidia Corp (NVDA.O), has joined an elite list of tech executives to head a company worth $1 trillion. Even more unusual is that Huang, 60, is only the second U.S. CEO after Amazon.com Inc’s (AMZN.O) Jeff Bezos, who helmed the retailer until 2021, to hit… Continue reading Untitled
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Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source