Georgia begins dredging works for Anaklia Deepwater Port
Georgia has officially begun dredging works for the long-awaited Anaklia Deepwater Port after the arrival of the first dredging vessel, marking a sign...
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.
A tourist aircraft crashed near Peru's UNESCO-listed Nazca Lines on Saturday (1 August), killing all 13 people on board, authorities said.
Iranian Foreign Ministry Spokesperson Esmaeil Baghaei has said Tehran is not currently involved in direct talks with Washington about reopening the Strait of Hormuz. U.S. President Donald Trump said negotiations with Iran were to begin on Monday.
U.S. President Donald Trump said late on Saturday he would hold off on a fresh attack on Iran as long as a deal could be reached quickly to halt Iran's nuclear ambitions and reopen the Strait of Hormuz.
Two firefighting helicopters collided while battling a major wildfire in Greece on Sunday, killing two crew members as emergency services continued efforts to contain fires fuelled by extreme heat and dry conditions across Europe.
French Prime Minister Sebastien Lecornu said wildfires that swept across France were now under control. Authorities warned that risks remained as Greece and Spain continued battling active blazes across parts of Europe.
Ford raised its full-year earnings forecast after reporting stronger-than-expected second-quarter adjusted profit, as resilient demand for its vehicles and operational improvements helped offset tariff-related costs.
SK Hynix reported record quarterly profit on Wednesday, but its shares slumped 10 per cent after the South Korean chipmaker fell short of investor expectations built around the artificial intelligence (AI) boom.
Oil prices have fallen more than six per cent as a pause in U.S.-Iran hostilities eased fears of wider supply disruption around the Gulf.
Paramount Skydance agreed to pause its acquisition of Warner Bros Discovery until after a ruling on a challenge by states to the deal, plunging the $110 billion deal into further uncertainty.
China's Foreign Ministry has said it is closely monitoring the United Kingdom's nationalisation of British Steel. Prior to the British government fully taking over the loss-making company on Thursday, it was previously owned by Chinese private steelmaker Jingye.
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