Trump raises tariffs on South Korea, cites stalled trade deal
U.S. President Donald Trump on Monday announced higher tariffs on South Korean goods, accusing Seoul’s legislature of failing to approve a previousl...
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.
The UN Human Rights Council has condemned Iran for rights abuses and ordered an expanded investigation into a crackdown on anti-government protests that killed thousands, as Tehran warned any military attack would be treated as an all-out war.
Minnesota Governor Tim Walz has activated the state’s National Guard following the fatal shooting of a U.S. citizen in Minneapolis, an incident that has triggered protests and intensified tensions between state and federal authorities.
Spain has faced a string of railway accidents in one week, including one of Europe’s deadliest in recent years, raising questions about whether maintenance investment is keeping pace with soaring passenger demand on the world’s largest high-speed rail network.
Venezuela’s interim president Delcy Rodriguez said on Sunday the country should not fear pursuing energy ties with the United States, as Caracas seeks to expand oil and gas production and attract foreign investment.
More than 1 million customers in the U.S., as far west as Texas, were without power on Sunday (25 January), according to PowerOutage.us. Estimates suggested more than 10,000 flights would be cancelled.
Argentina's economic activity shrunk 0.3% in November compared with the same month last year, marking the first monthly contraction of 2025, data from Argentina's national statistics agency showed on Wednesday.
Wall Street closed sharply lower on Tuesday as global markets fell after U.S. President Donald Trump’s new tariff threats against Europe unsettled investors and revived fears of renewed volatility.
Global markets are rattled after U.S. President Donald Trump threatened new tariffs on eight European countries over Greenland, sending the euro to a seven-week low and raising concerns about renewed transatlantic trade tensions.
Hong Kong and Shanghai will sign a memorandum of understanding next week to establish a cross-border gold trade clearing system, a move aimed at boosting Hong Kong’s role as an international gold trading hub, Financial Secretary Paul Chan said.
Elon Musk is seeking up to $134 billion from OpenAI and Microsoft, arguing that the companies profited unfairly from his early support of the artificial intelligence firm, according to a court filing made public on Friday.
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