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When Nvidia this week said it would take a $2 billion stake in chip design company Synopsys, it was just the latest in a string of massive investments announced by the chipmaker this year. Nvidia has also said it would take a $1 billion stake in Nokia, invest $5 billion in Intel and $10 billion in Anthropic — $18 billion in investment commitments from those four deals, not counting smaller venture capital investments.That doesn’t even include the biggest commitment of all: $100 billion to buy OpenAI shares over a number of years, although there is still no definitive agreement, Nvidia…
Justin Tallis | Afp | Getty ImagesBitcoin’s more than 30% drop from its record high underscores the volatility that has come to characterize the cryptocurrency.Moves from previous cycles not only show how the current price swings are all part of bitcoin’s normal operating pattern but also how they may often precede a rally, according to figures compiled by CoinDesk Data for CNBC.Bitcoin, the world’s largest cryptocurrency, dropped to a low of around $80,000 late last month before staging a rally and falling again this week. When bitcoin dropped to under $81,000, that represented an approximately 36% fall from its all-time…
If you think sport and politics don’t mix, you may want to give Friday’s World Cup draw a miss. Next summer’s tournament will be the biggest FIFA has ever staged. There will be more teams, more games, more fans, more host countries, more host cities, more expensive tickets and more money to be made. It will be about power and glory, with a front three of Lionel Messi, Cristiano Ronaldo and Donald Trump. Make no mistake. Gianni Infantino may be the FIFA president but Trump is the president of the richest and most powerful country in the world and he…
Newcastle United’s new chief executive, David Hopkinson, sees the club being one of the biggest in the world by 2030.Three months to the day since taking on the role at St James’ Park, Hopkinson outlined his medium-term vision in a wide-ranging interview that included fresh information on club’s plans for a new stadium and training ground, owners PIF and the inner workings of the club he labels a “rocket ship” waiting to take off. The 54-year-old, who previously held roles at global giant Real Madrid and US basketball greats New York Knicks, was joined in an in-depth chat by Newcastle’s…
On Yom Kippur, two British Jews were killed at the Heaton Park Hebrew Congregation synagogue in Manchester, during a cruel, antisemitic act of violence. One of them was accidentally shot by police. Later that week, while discussing antisemitism at the dinner table, my teenage son, who frequents a high school in Hackney, London, took out his phone and displayed scores of antisemitic Instagram reels. Numerous AI-generated clips depicted Orthodox Jews in different settings, appearing to be obsessed with money, while other reels denied the Holocaust – questioning, for example, the possibility of preparing six million pizzas in 20 ovens. A…
Ref Watch’s Dermot Gallagher has questioned why referee Thomas Bramall noticed grappling between Rodrigo Bentancur and Dan Burn, but then “ignored” it and needed VAR to help award a penalty.In their draw at St James’ Park, Newcastle were controversially awarded a spot-kick after the Tottenham midfielder was penalised for pulling Burn to the floor, with questions over whether it was a foul. Speaking on a special midweek edition of Ref Watch, Dermot explained: “I think it raises a number of issues. “Just before the corner came in, Thomas Bramall went to the two players and said to Bentancur ‘you’re facing…
Diogo Jota was a key member of Liverpool’s title winning squad last season. GettyLiverpool have paid an emotional tribute to Diogo Jota on what would have been his 29th birthday.Portugal international Jota and his brother André Silva were tragically killed in in a car crash on July 3 in Spain.Liverpool posted a photograph Jota, wearing the Portugal flag around his waist, while holding up the Premier League trophy he won last season.”Today, as every day, we remember Diogo Jota on what would have been his 29th birthday,” the Reds posted on social media.”All of our love, thoughts and prayers continue to…
Israeli forces killed five Palestinians, including two children, after bombing a tent in a previously designated humanitarian zone in Gaza on Wednesday. At least four drone strikes were reported west of Khan Younis in southern Gaza late at night, targeting a makeshift camp for displaced people. The attack occurred outside Israeli-controlled areas of the Gaza Strip, marking the latest violation of the ceasefire. Israel claimed the bombing was in response to an exchange of fire earlier in the day between its troops and Hamas fighters trapped in tunnels in Rafah, who Israel has prevented from moving to western Gaza. The…
KUWAIT: The Ministry of Interior affirmed its commitment to implementing progressive development plans that strengthen national security, enhance sector readiness, and support sustained stability across the community in line with Kuwait Vision 2035.Colonel Fahad Al-Essa, director of traffic awareness at the traffic and operations sector, told Kuwait News Agency (KUNA) that the ministry continues executing comprehensive strategies designed to reinforce security and stability by advancing sector capabilities and adopting a preventive, proactive operational framework.He explained that the ministry prioritizes upgrading infrastructure, expanding smart services, and strengthening community partnerships while building a modern and coherent security system that creates an attractive,…
Chelsea made history before the international break, setting a new WSL record for number of consecutive games unbeaten (34). And yet expressions at the full-time whistle against Liverpool told a different story. A 1-1 draw was met with obvious frustration. “That’s not the performance we wanted to put on the pitch. The performance was not good enough,” Sonia Bompastor reflected, visibly annoyed. “We were not clinical enough.” It was a familiar narrative a few days later when drawing with Barcelona in the Champions League – their fifth game in a gruelling 20-day spell. Clearly the calibre of opponent is different…