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Thousands of New York City nurses were set to return to the picket lines Tuesday as their strike targeting some of the city’s leading hospital systems entered its second day. The walkout, which comes during a severe flu season, involved roughly 15,000 nurses spread out across multiple private hospitals, including NewYork-Presbyterian/Columbia, Montefiore Medical Center and Mount Sinai hospital. The affected hospitals have hired droves of temporary nurses to try to fill the labor gap. Both nurses and hospital administrators have urged patients not to avoid getting care during the strike. The labor action comes three years after a similar strike forced medical facilities…

After six years in the game, Nuuly, the clothing rental service from Urban Outfitters, has done what few thought possible: turned a profit. In an industry full of flashy failures and billion-dollar burns, Nuuly is quietly winning with a strategy that’s shaking up fashion and business. View the full article

Crowds flooded the freshly opened showroom floors on Day 2 of the CES and were met by thousands of robots, AI companions, assistants, health longevity tech, wearables and more. Siemens President and CEO Roland Busch kicked off the day with a keynote detailing how its customers are harnessing artificial intelligence to transform their businesses. He was joined onstage by Nvidia CEO Jensen Huang to announce an expanded partnership, saying they are launching a new AI-driven industrial revolution to reinvent all aspects of manufacturing, production and supply chain management. Lenovo ended the day with a guest star-rich visual banquet dedicated to spotlighting how its AI pl…

Silicon Valley chipmaker Nvidia plans to supply hundreds of thousands of its graphics processing units for projects with South Korean businesses and the government to advance the country’s artificial intelligence infrastructure and technologies. The plan was announced Friday by the government, Nvidia, and some of South Korea’s biggest companies, including chipmakers Samsung Electronics, SK Hynix and auto giant Hyundai Motor, after President Lee Jae Myung met with Nvidia CEO Jensen Huang. At a news conference, Huang said he hopes to export Nvidia’s most advanced AI chips to China, following U.S. President Donald The President’s talks with Chinese President Xi Jinping on …

Jensen Huang has some pointed words for leaders who blame company layoffs on artificial intelligence. “I think the narrative that connects AI to job loss, for many of the CEOs that are doing it, is just too lazy,” the Nvidia cofounder and CEO said in an interview with Channel NewsAsia. “AI has just arrived. How is it possible they’re already losing jobs? How is it possible that AI became productive and useful only six months ago, and they were somehow laying people off two years ago because of AI? “It doesn’t make any sense,” Huang added. “It was just a way for them to sound smart, and I really hate that.” While Huang didn’t name-drop any specific CEOs or comp…

Jensen Huang, the multibillionaire founder and CEO of chipmaking company Nvidia, was recently awarded the Institute of Electrical and Electronics Engineers Medal of Honor. He received the organization’s highest award for his leadership in GPU development and advancing the field of AI. Huang has built the most valuable company in the world. At the IEEE announcement ceremony earlier this year, he reflected on how it all started. Huang said he went into engineering because he always enjoyed solving math and science problems. Drawn to the challenging nature of the work, he studied electrical engineering at Oregon State University, where he became a member of IEEE and …

Jensen Huang left Carnegie Mellon University’s class of 2026 with a message that pushed back against graduation-season anxiety: there’s no better time than now to be starting a career. During a commencement speech on Sunday, the Nvidia CEO told the new grads that “the timing could not be more perfect” to launch a career than right now. “Your career starts at the beginning of the AI revolution,” Huang told the crowd of 5,800 undergraduate and graduate students. This sentiment landed better with Carnegie Mellon grads—the university which is widely recognized as the birthplace of artificial intelligence and robotics—than it did with others. At the University of …

At a recent Stanford Graduate School of Business panel, Nvidia CEO Jensen Huang and California Congressman Ro Khanna discussed some burning topics about artificial intelligence—from innovation and competition to adoption and skepticism. While AI-related job panic has infiltrated different industries, Huang doubled down on his belief that the technology will do more good than harm to the job market. “The narratives of AI destroying jobs is not going to help America,” Huang said. “First of all, it’s just false.” Huang offered the example that the most popular and successful software engineers at Nvidia—the $5 trillion company where agentic AI has been integrated within…

The most anticipated quarterly earnings of the month will be announced on Wednesday, November 19, as AI chip giant Nvidia Corporation (Nasdaq: NVDA) reveals financial results for its 2026 fiscal third quarter. A lot is riding on these results—and not just for Nvidia. Investors are increasingly on edge about a possible AI bubble, and if Nvidia posts good or better than expected earnings, it could give those investors faith that AI infrastructure is on solid ground and has plenty of room to grow. But if Nvidia’s earnings disappoint—or show signs of upcoming weakness—it could spell bad news not just for NVDA stock, but for the stock prices of all companies opera…

Nvidia forecast fourth-quarter revenue above Wall Street estimates on Wednesday, betting on booming demand for its AI chips from cloud providers against the backdrop of widespread concerns of an artificial intelligence bubble. The results from the AI chip leader mark a defining moment for Wall Street, as global markets looked to the chip designer to determine if investing billions of dollars in AI infrastructure expansion had resulted in towering valuations that potentially outpaced fundamentals. The world’s most valuable company expects fiscal fourth-quarter sales of $65 billion, plus or minus 2%, compared with analysts’ average estimate of $61.66 billion, accord…

Nvidia has unveiled DLSS 5, a new PC gaming technology that uses AI to re-render video games in real time. It’s basically a make-it-realistic filter, affecting characters, foliage, textures, and lighting. It’s but another example of how in the age of AI, the world may never be the same. And the gaming community doesn’t quite know what to think yet. While the previous versions of DLSS simply upscaled a game’s resolution using AI, this version turns a tree that looks like a 3D model into a tree that looks like a real tree. It’s a monumental change. And a bold move. Unsurprisingly, the gaming community is fiercely divided. While some embrace the leap in visual fidel…

Investors are feeling less hot about the makers of cooling systems for data centers after the CEO of Nvidia Corp. stoked concerns that demand for their products could dry up. Shares of Modine Manufacturing Co. led declines in this sector, tumbling as much as 21% Tuesday before recovering some of those losses to close about 7.5% lower. Other makers of water-cooled systems and similar products—including Johnson Controls International Plc, Trane Technologies Plc, and Carrier Global Corp.—also fell as much as 6.2% on Tuesday. To blame? The next generation of Nvidia’s computer chips, announced on Monday, which won’t require the same type of cooling systems. That’s be…

Nvidia Corp. (NVDA) on Wednesday reported fiscal first-quarter profit of $58.32 billion. The Santa Clara, California-based company said it had a profit of $2.39 per share. Earnings, adjusted for non-recurring gains, came to $1.87 per share. The results exceeded Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $1.77 per share. The maker of graphics chips for gaming and artificial intelligence posted revenue of $81.61 billion in the period, also topping Street forecasts. Ten analysts surveyed by Zacks expected $78.75 billion. _____ This story was generated by Automated Insights (http:…

Nvidia forecast first-quarter revenue above market estimates on Wednesday, expecting robust demand for its leading AI chips to persist as businesses spend heavily to expand generative artificial intelligence infrastructure. Its shares rose about 1% in choppy extended trading, after closing up 3.7% in regular trading. Nvidia is the biggest beneficiary of a rally in AI-linked stocks, with its shares up more than 400% over the last two years. The company expects revenue of $43 billion, plus or minus 2% for the first quarter, compared with analysts’ average estimate of $41.78 billion according to data compiled by LSEG. Demand has grown unabated for Nvidia’s advanc…

Nvidia indulged all your artificial intelligence fantasies on Tuesday at what was being called the “Super Bowl of AI.” The chip giant’s GPU Technology Conference (GTC) was held at the SAP Center in San Jose on Tuesday, and it was—you guessed it—all about AI. Nvidia founder and CEO Jensen Huang made several large announcements during a two-hour keynote, with plenty of meat to keep AI-hungry consumers and businesses happy. That includes partnerships with large automakers to build autonomous vehicles and even personal AI supercomputers that sit right on your desktop. Here are some of the key announcements from Huang’s keynote: GM partnership: General Motors…

Concerns about an AI bubble and increased competition are weighing on Nvidia as the stock fell to a three-month low on Wednesday. Shares of the Santa Clara, California-based company tumbled more than 3% amid a broader decline for those chipmakers that are key to the artificial intelligence boom. Shares of Advanced Micro Devices and Broadcom were also down 4% and 5%, respectively. In recent weeks, a slew of companies have made moves that could chip away at Nvidia’s domination as the go-to maker of chips for the AI industry. One such company, MetaX Integrated Circuits of China, debuted an initial public offering on Wednesday and surged nearly 700%. BEHIND NVIDI…

CoreWeave plans to reduce the size of its U.S. initial public offering and price its shares below the indicated range, a person familiar with the matter told Reuters on Thursday, dampening expectations that the listing would boost investor appetite for IPOs. The Nvidia-backed cloud services provider is now looking to sell 37.5 million shares, 23.5% less than originally planned, and price them at $40 apiece, well below even the low end of the indicated range, the source added, requesting anonymity discussing confidential information. Nvidia will anchor the CoreWeave IPO at the price with a $250 million order, the source said. The sale would raise about $1.5 billion…

At NVIDIA’s developer conference on Thursday, a large group of energy companies—along with a few technology companies—announced plans to collaborate on building AI models and apps aimed at improving the generation and distribution of electric power. The initiative, called the Open Power AI Consortium, is organized by the Palo Alto-based Electric Power Research Institute (EPRI). Founding members include Nvidia, Microsoft, AWS, and Oracle. Notably absent from the group are all of the leading developers of frontier AI models such as Anthropic, Google, or OpenAI. “This is about getting the right data, and getting it clean, so that it can be used for AI,” Jeremy Rens…