Wayve: Nvidia, Uber and Softbank backed EV startup set for global expansion March 3, 2025 British artificial intelligence (AI) startup Wayve, which develops autonomous vehicle systems, has announced plans to accelerate its international expansion by launching a new hub in Stuttgart, Germany. Backed by tech giants Uber and Softbank, the self-driving firm is testing its AI-powered self-driving tech in Germany and the US and plans to secure partnerships with various automakers. [...]
Nvidia faces market test post DeepSeek chaos February 26, 2025 Nvidia is set to release its highly anticipated fourth-quarter earnings today at market close in the US, its first financial update since the emergence of China’s DeepSeek model. With expectations running high, investors will be scrutinising the results for any signs of slowing momentum or continued dominance in the AI boom. DeepSeek’s recent boom sent [...]
Is Deepseek more an attack on Wall Street than an AI innovation? January 30, 2025 The launch of Deepseek has been framed as the AI race’s Sputnik but the timing is dubious and questions are being asked about whether the tech is really as game-changing as its creators claim. Either way, America must stay vigilant, says Mark Minevich It started with a single, seismic headline: China builds an AI model [...]
What is Chinese AI startup DeepSeek? January 27, 2025 Chinese AI startup DeepSeek rapidly gained global attention over the weekend as its seemingly impressive – and cheaper – new AI model sparked a sell off in shares for its global competitors. The tech firm launched its flagship AI chatbot in January, which is capable of delivering high performance while using less advanced hardware. It [...]
Nvidia tanks as Chinese AI startup Deepseek spooks global markets January 27, 2025 Nvidia is on track for the biggest one day loss of any company in history, as Chinese artificial intelligence (AI) startup Deepseek shakes up global tech markets. Nvidia, a key driver of the AI stock boom due to its advanced chips, saw its shares plummet over 14 per cent on Germany’s Tradegate on Monday. The [...]
UK set for AI tech boost as millions of pounds injected after action plan January 15, 2025 The UK’s artificial intelligence (AI) sector has received an average of £200m in private investment daily since July 2024, as global firms rally behind Starmer’s blueprint to turbocharge AI. In the 24 hours that followed the government’s release on Monday, over £14bn of new investment has been reported, with pledges to create over 13,000 jobs [...]
Are American stocks too expensive? January 14, 2025 American stocks are expensive – really expensive. The way analysts measure how expensive stocks are is looking at the ratio of their price to the company’s annual earnings. Goldman Sachs has calculated that even excluding the largest technology companies, US market valuations are at a 20-year peak, currently sitting at a ratio of 19.3 price [...]
Samsung: Profit falls but investors look Nvidia partnership January 8, 2025 Samsung Electronics flagged weaker-than-expected profit for its final quarter of 2024, yet optimism around future high-performance memory sales boosted its stock by 3.4 per cent on Wednesday. In this morning’s report, the company attributed this miss to memory chip prices, soft smartphone demand, and heaving R&D spending. Samsung’s efforts to remain relevant in the AI [...]
Nvidia neck and neck with Apple as world’s most valuable firm as stock rises January 7, 2025 Nvidia‘s stock rose by 3.4 per cent on Tuesday to $149.43 (£118.95) per share bringing it neck-and-neck with Apple, following various launches for the tech giant at the CES in Las Vegas on Monday. At the annual conference, the firm revealed a host of new products from new gaming chips, a personal AI supercomputer and [...]
2025 Predictions for Apple, Microsoft, Tesla, and other tech leaders January 6, 2025 The Magnificent Seven group of leading tech companies: Apple, Nvidia, Microsoft, Amazon, Alphabet, Meta and Tesla, gained a combined 63 per cent in 2024, building on 2023’s strong performance. Deutsche Bank revealed the group generated more profit in 2024 than most national stock markets. However, JP Morgan has projected their contribution to S&P 500 earnings [...]