Author: IQ TIMES MEDIA
The biggest beneficiary of the ongoing AI boom, Nvidia has become the first public company to pass the $5 trillion market cap milestone. The company’s shares rose more than 5.6% on Wednesday to as much as $212.19, on the back of news on Wednesday that U.S. President Donald Trump said he expects to discuss the company’s Blackwell chips with Chinese President Xi Jinping on Thursday. Investors are also likely stoked by Nvidia CEO Jensen Huang’s comments on Tuesday that the company expects $500 billion in AI chip sales, and that it is building seven new supercomputers for the U.S. in…
It’s a great week to be Jensen Huang.Nvidia is the world’s first $5 trillion market cap company. Huang’s personal wealth has increased by $17 billion over just the past week. President Donald Trump is hinting that the US could not only open the Chinese market back to Nvidia but might even allow the chipmaker to sell its most advanced product.According to Bloomberg’s Billionaire Index, Huang is now the ninth richest person in the world, behind former Microsoft CEO Steve Ballmer and ahead of Dell CEO Michael Dell.Year over year, Huang’s wealth has increased by $51 billion. As of Wednesday morning,…
Welcome to the third and final day of TechCrunch Disrupt 2025 at Moscone West in San Francisco! The excitement here is still in full swing, and there’s no slowing down. If you thought it was too late to join, think again — there’s still time to register with a 50% discount and be part of the action. Don’t wait a whole year to be at the tech epicenter of the year. Today’s agenda features some of the most anticipated stage sessions, spotlighting insights from trailblazers such as Rohit Patel, director at Meta Superintelligence Labs; Kirsten Green, founding partner of Forerunner;…
Much has been written about the unprecedented impact that the second Trump administration has had on the Centers for Disease Control and Prevention, from massive job cuts and entire programs being wiped out to leadership shake-ups and the undermining of science. But behind every headline, countless stories have gone untold about the real-world impacts that these changes will have on everyday people.I’m a public health expert who spent 18 years as a scientist at the CDC. I see the systematic dismantling of the agency as a significant risk to the country’s ability to keep Americans safe and give medical professionals…
Typically, when a company acquires another, it will absorb the new company’s branding or integrate it with its own identity. Grammarly is doing something different: After acquiring email client Superhuman in July, the company is renaming itself “Superhuman.” Despite the branding change, Grammarly, the product, will continue to be known as it has. However, the company says it is thinking about rebranding products like Coda, a productivity platform it acquired last year, in the long run. The company is also launching an AI assistant called Superhuman Go that’s built into Grammarly’s existing extension. The assistant can provide writing suggestions, give…
Teenagers are trying to figure out where they fit in a world changing faster than any generation before them. They’re bursting with emotions, hyper-stimulated, and chronically online. And now, AI companies have given them chatbots designed to never stop talking. The results have been catastrophic. One company that understands this fallout is Character.AI, an AI role-playing startup that’s facing lawsuits and public outcry after at least two teenagers died by suicide following prolonged conversations with AI chatbots on its platform. Now, Character.AI is making changes to its platform to protect teenagers and kids, changes that could affect the startup’s bottom…
When Phia‘s founders Phoebe Gates and Sophia Kianni decided to build an AI startup, they targeted an area they understood well: online shopping. The founders, who met at Stanford when they were randomly paired up as roommates, understood e-commerce because they had spent hours upon hours trying to find the right items to expand their wardrobe. And AI, they realized, had the potential to help people discover, shop and buy in new ways. They also realized that capability was a market opportunity. “There felt like there was this giant white space for, like, what should we actually buy, and why…
2025-10-29T12:16:12Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Tesla shareholders are set to vote on Elon Musk’s $1 trillion pay plan on November 6. Proxy firms have criticized the massive pay package, leading Musk to brand them “corporate terrorists.” Here’s where major Tesla shareholders stand on the plan to make Musk the world’s first trillionaire. The battle…
Higher prices, less help and a government shutdown all hang over health insurance markets as shoppers start looking for coverage this week.The annual enrollment window for millions of people to pick an individual plan opens Saturday in nearly all states, and a heavy dose of politics weighs on this year’s search.The federal government shut down earlier this month as Democrats in Congress demanded negotiations to extend enhanced tax credits that have helped people buy coverage the past few years. Republicans say they won’t negotiate until Democrats vote to reopen the government.Stuck in the middle are insurance customers, many of whom…
(Reuters) -Merck and Japan’s Eisai said on Wednesday they will shut down a late-stage study testing an experimental combination therapy to treat a type of liver cancer, after interim results showed the treatment was unlikely to improve overall survival.The study tested Merck’s blockbuster drug Keytruda and Eisai’s Lenvima, along with a liver cancer procedure called transarterial chemoembolization (TACE), in patients with unresectable, non-metastatic hepatocellular carcinoma, which is the most common type of liver cancer.This type of cancer is often diagnosed at an intermediate stage, where curative treatments such as resection, ablation or transplant are not viable. However, some patients may…