Artificial Intelligence news

Value of Nvidia dropped by billions on Wednesday after president imposed new restrictions on the chip giantThe US Federal Reserve chair, Jerome Powell, warned Donald Trump’s tariffs were generating a “challenging scenario” for the central bank and were likely to worsen inflation.Powell’s comments on Wednesday came US stock markets had already been rattled by a new trade restriction on the chip designer Nvidia. The sell-off picked up as Powell spoke to The Economic Club of

There’s an 80s vibe to this ET-adjacent family adventure with Willem Dafoe and Emily Watson, relying on impressive practical effectsThe Legend of Ochi creates such a complete visual experience that studio heads who have led countless multimillion-dollar trips to the green-screen warehouse should hang their heads in shame when they see it.It’s not that writer-director Isaiah Saxon and his collaborators have abstained, monk-like, from modern technology in assembling this children&rsquo

Shares plunge as firm says H20 chip, designed for Chinese market to comply with controls, now needs special licenceNvidia has said it expects a $5.5bn (£4.1bn) hit after Donald Trump’s administration barred the chip designer from selling crucial artificial intelligence chips in China, sending shares in one of the US’s most valuable companies plunging in after-hours trading.The company said in an official filing late on Tuesday that its H20 AI chip, which was designed specifical