Nvidia unveils AI breakthroughs at CES 2025, introducing Cosmos models for training robots and cars, advanced gaming chips, and new automotive tech with Toyota, targeting $5B revenue by 2026.
AI to better train robots and cars, as well as new gaming chips dominated Nvidia CEO Jensen Huang's keynote speech at the CES 2025 conference on Monday (January 6) as the world's second most valuable firm expounded upon its potential to expand its business.
Nvidia introduced what it calls Cosmos 'foundation' models that generate photo-realistic video which can be used to train robots and self-driving cars at a much lower cost than using conventional data.
By creating what is known in the tech industry as "synthetic" training data, the models can help robots and cars understand the physical world similar to the way that large language models helped chatbots generate responses in natural language.
The new gaming chips use Nvidia's 'Blackwell' AI technology to give video games movie-like graphics, especially in a field known as 'shaders,' which can help images like a ceramic teapot look more realistic by adding imperfections and fingerprint smudges to its surface.
The new chips also have AI technology to help game developers generate more accurate human faces, an area where players are apt to notice even slightly unrealistic features.
Nvidia also said Toyota Motor will use its Orin chips and automotive operating system to power advanced driver assistance in several models. It did not give details about the models.
Huang expects automotive hardware and software revenue of $5 billion in fiscal 2026, up from an expected $4 billion this year.
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Wall Street ended sharply lower on Tuesday as investors worried about artificial intelligence (AI) creating more competition for software makers, keeping them on edge ahead of quarterly reports from Alphabet and Amazon later this week.
European shares climbed on Thursday, as a relief rally swept through global markets after artificial intelligence (AI) bellwether Nvidia reported strong earnings, while investors awaited the release of delayed U.S. jobs data.
Wall Street closed sharply lower on Thursday, dragged down by steep losses in Nvidia, Tesla, and other artificial-intelligence heavyweights, as investors dialed back expectations for further Federal Reserve interest-rate cuts amid renewed inflation concerns and mixed signals from policymakers.
As competition over artificial intelligence intensifies, U.S. tech leaders are warning that China’s rapid state-backed progress could soon outpace the West, raising concerns that America is losing its technological edge.
Australia confirmed it will repatriate citizens from the MV Hondius cruise ship hit by a deadly hantavirus outbreak, with quarantine on arrival. Spain, France are evacuating nationals as three deaths are confirmed. In the U.S., two passengers have been isolated after testing positive for the virus.
U.S. President Donald Trump on Monday dismissed Iran’s response to a U.S. peace proposal as a “stupid proposal,” saying Tehran failed to commit to abandoning its pursuit of a nuclear weapon, while warning the fragile ceasefire was on “massive life support”.
President Donald Trump called Iran’s response to a US war proposal “totally unacceptable” after Tehran sent its reply through mediator Pakistan, according to IRNA. Qatar’s al-Thani also warned Iran against using the Strait of Hormuz as “a pressure tool”.
Metropolitan Shio of Senaki and Chkhorotsku has been elected the 142nd head of the Georgian Orthodox Church at a meeting of clergy in Tbilisi following the death of longtime Patriarch Ilia II.
A Turkish Airlines plane caught fire in its landing gear tyres after landing at Tribhuvan International Airport on Monday (11 May) morning, temporarily disrupting airport operations, officials said.
The Strait of Hormuz remains a vital maritime chokepoint and serves as the primary artery linking the Persian Gulf to international energy markets. With approximately 20% of global oil and gas shipments transiting this waterway, it is the backbone of energy security for Asia, Europe, and beyond.
China’s exports grew faster than expected in April, as overseas buyers moved quickly to secure supplies amid fears that the conflict involving Iran could drive up global energy and transport costs.
Asian stocks surged to record highs on 7 May as investors priced in growing hopes of a potential Middle East peace deal, while oil prices eased and the U.S. dollar weakened amid shifting global risk sentiment.
Stocks around the world climbed to fresh record highs on Wednesday (6 May), while oil prices fell sharply, after reports suggested the United States and Iran were nearing an agreement to end conflict.
U.S. President Donald Trump has said he will raise tariffs on cars and trucks imported from the European Union to 25% next week, up from the 15% level agreed last year, accusing the bloc of failing to comply with its trade commitments.
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