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Nvidia is usually the company other firms have to respond to. Not the other way around. But on Tuesday, the $4 trillion chipmaker did something rare: It took to X to publicly defend itself after a report suggested that one of its biggest customers, Meta, is considering shifting part of its AI infrastructure to Google’s … Read more
Don’t look now, but high prices might be sucking the sweetness out of Halloween. According to a survey by Shopkick and Trax, while excitement for the holiday is as high as ever, rising costs have shaken shoppers’ candy budgets. In fact, 86% of consumers noticed seeing candy prices increase, while 79% said they had scaled … Read more
The Zion Bank main office in Salt Lake City, Utah, US, on Friday, April 7, 2023. George Frey | Bloomberg | Getty Images Zions Bancorporation lost $1 billion of its valuation in a single day on Thursday after disclosing $60 million worth of loans it had made that were unlikely to be repaid. What led … Read more
Financial institutions are navigating a growing cybersecurity minefield, with data breaches doubling since 2023 and increasingly affecting a company’s market confidence or regulatory standing. According to a report from AInvest, third-party breaches in the financial sector have doubled since 2023. The report also found that the average breach costs hitting $4.8 million, and insider-related incidents … Read more
Hello and welcome to Eye on AI…In this edition: DeepSeek drops another impressive model…China tells companies not to buy Nvidia chips…and OpenEvidence scores an impressive result on the medical licensing exam. Hi, it’s Jeremy here, just back from a few weeks of much needed vacation. It was nice to be able to get a little … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The sight of two giant US Hercules planes disgorging bulletproof cars on to the runway in Nuuk has moved President Donald Trump’s obsession with Greenland into a new, dangerous phase. The US national security adviser, … Read more
Melissa Roxburgh isn’t easily “spooked,” but her new NBC series The Hunting Party had one scene that she wasn’t expecting to affect her. During an exclusive interview with Us Weekly, Roxburgh, 32, referenced a scene where she had “duct tape over” her mouth, adding, “It wasn’t necessarily scary other than I couldn’t breathe. But we … Read more
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