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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…

The healthcare industry faces major challenges in creating new drugs that can improve outcomes in the treatment of all kinds of diseases. New generative AI models could play a major role in breaking through existing barriers, from lab research to successful clinical trials. Eventually, even AI-powered robots could help in the cause. Nvidia VP of healthcare Kimberly Powell, one of Fast Company’s AI 20 honorees, has led the company’s health efforts for 17 years, giving her a big head start on understanding how to turn AI’s potential to improve our well-being into reality. Since it’s likely that everything from drug-discovery models to robotic healthcare aides would be …

All eyes were on Nvidia’s quarterly earnings announcement on Wednesday, as investors looked for signs of weakness indicating that the so-called “AI bubble” is about to deflate. In fact, Nvidia appears to be selling graphics processing unit (GPU) chips for data centers as fast as it can make them. On the call, Nvidia reported better-than-expected revenues of $57 billion for its October-ending quarter, a 62% increase over the same quarter last year. Revenues rose by $10 billion, or 22%, from the prior quarter. Perhaps most importantly, the company projected revenues of $65 billion in the current quarter. As a result, Nvidia shares rose 5% after the earnings were …

Nvidia’s Jensen Huang is one of the tech industry’s longest-serving chief executives, leading the chipmaker since cofounding it in 1993. Now he’s the recipient of a long-standing technology award: the IEEE Medal of Honor, established by a predecessor of the Institute of Electrical and Electronics Engineers in 1917. Huang was named the recipient of the medal (and an accompanying $2 million prize) at the Consumer Electronics Show on January 6 in recognition of his lifetime of work in accelerating computing—the technique of using specialized chips like Nvidia’s graphics processing units to speed specialized operations such as rendering images for video games, crunching …

Nvidia’s Jensen Huang is one of the tech industry’s longest-serving chief executives, leading the chipmaker since cofounding it in 1993. Now he’s the recipient of a long-standing technology award: the IEEE Medal of Honor, established by a predecessor of the Institute of Electrical and Electronics Engineers in 1917. Huang was named the recipient of the medal (and an accompanying $2 million prize) at the Consumer Electronics Show on January 6 in recognition of his lifetime of work in accelerating computing—the technique of using specialized chips like Nvidia’s graphics processing units to speed specialized operations such as rendering images for video games, crunching …

Bringing a new drug to market usually requires a decade-long, multibillion-dollar journey, with a high failure rate in the clinical trial phase. Nvidia’s Kimberly Powell is at the center of a major industry effort to apply AI to the challenge. “If you look at the history of drug discovery, we’ve been kind of circling around the same targets for a long time, and we’ve largely exhausted the drugs for those targets,” she says. A “target” is a biological molecule, often a protein, that’s causing a disease. But human biology is extraordinarily complex, and many diseases are likely caused by multiple targets. “That’s why cancer is so hard,” says Powell. “Because it’s many …

Yesterday, after the stock market’s closing bell, Nvidia Corporation (Nasdaq: NVDA) reported its Q3 2026 financials. Investors were eagerly anticipating the results, as the company is widely seen as a bellwether for the broader artificial intelligence market. Nvidia’s Q3 results were all the more anticipated as fears over an AI bubble have grown in recent months. But those fears seem to be put to bed, at least temporarily. Nvidia didn’t just meet expectations. It beat them. As a result, Nvidia’s stock price is jumping in premarket trading today—and it’s helping lift the stock prices of most other chipmakers and Big Tech giants. Here’s what you need to know. …

Under President The President, it’s becoming clear that doing business with China is fine — under the right, lucrative conditions. In a post on Truth Social, the president said this week that his administration will allow Nvidia to sell one of its most powerful AI chips, the H200, to China. The H200 is said to be up to six times more powerful than the H20, the most powerful chip Nvidia had won approval to sell to China. Washington and Beijing are currently in a tight race to lead AI and robotics research, and are locked in direct competition to apply the technologies in defense and intelligence. The Biden administration and much of Silicon Valley agreed that limitin…

As the year winds down to a close, with just three weeks left on the calendar, Nextdoor may be the next, last, big meme stock of 2025. Here’s why. What happened? On Wednesday, Nextdoor Holdings Inc. (NXDR) shares rose 49% in early trading, the most in over four years, according to Bloomberg. The gains come on the heels of a series of posts on X on Wednesday morning by investor Eric Jackson, founder of EMJ Capital hedge fund, who described the neighborhood-focused site as “one of the most misunderstood platforms in the market” and touted its AI potential: “Nextdoor isn’t a social network. It’s a neighborhood operating system with AI-native revenue,” as well as …

Every day, New Yorkers receive a staggering 2.3 million packages at their doorstop. Nearly 90 percent of those goods snake through the city on trucks that cause traffic congestion and pollute the air on their way. To address the problem, global architecture firm KPF is asking an ambitious question: “What if New York was designed for the perfect delivery?” The answer, which is outlined in the firm’s latest book, Connective Urbanism – New York, features towering distribution hubs, drones, and a hyper-connected logistics network that encompasses the city’s rails and waterways. KPF presents its solution as a provocative speculation designed to start a dialogue about t…

Last night, New Yorkers and viewers across the country tuned in to watch the first general election debate for mayor of New York City. And as far as debates go, this one was charged, full of spats, and came with a direct and thoroughline of questioning that didn’t leave anything off the table. Within minutes, Democrats Andrew Cuomo (who is running as an independent) and Zohran Mamdani, and Republican nominee Curtis Sliwa, made clear that they came not just prepared to share their positions, but also to follow up, push back on criticisms or mistruths, and repeatedly fire well-rehearsed jabs at one another. The trio let viewers know just how different they are—not…

Voters are filling in their ballots today to choose who will lead America’s largest city for the next four years. New York being a center of global finance and business means that its local elections will always attract some degree of attention outside of the five boroughs, but the city’s mayoral race this year has garnered far more national interest than usual. That’s in large part thanks to Zohran Mamdani, the assemblymember from Queens who was virtually unknown outside of New York before he launched his campaign a year ago. Mamdani went viral early in the race with entertaining person-on-the-street videos in the wake of Donald The President’s second pres…

On Thursday October 16, New Yorkers and people across the country who have been watching the city’s mayoral race will tune in as Democratic nominee Zohran Mamdani, former New York Governor Andrew Cuomo, and Republican nominee Curtis Sliwa face off in the first of two mayoral debates, ahead of New York City’s upcoming election on November 4. The debate is set to take place in Manhattan’s Rockefeller Center starting at 7:00 p.m. ET this evening. NBC 4 New York/WNBC, Telemundo 47/WNJU, and POLITICO New York are partnering to host the debate. The hotly contested three-way race is between Mamdani, a state assemblyman; Cuomo, who is running as an independent after losin…

All live poultry markets in New York City and some of its suburbs were ordered Friday to close for a week after the detection of seven cases of avian flu, which has also hit farms nationwide, led to the slaughter of millions of birds and driven up egg prices. Gov. Kathy Hochul said there is no immediate threat to public health and that the temporary closure of bird markets in the city and its Westchester County and Long Island suburbs comes out of an abundance of caution. No cases of avian flu have been detected among humans in New York, officials said. The order came after birds infected with the virus were found during routine inspections of live bird markets in…

The era of subway gate jumping could soon be over. By this fall, 20 stations across the New York City subway system will begin testing new gate systems that aim to make it all but impossible for someone to get through the gate to the subway platform without paying a fare. This week, the Metropolitan Transportation Authority (MTA) announced the planned piloting of four gate control systems as part of its effort to crack down on fare evasion in the subway system. The four systems will be installed in five stations each across the MTA’s subway network to test their effectiveness. In contrast to the conventional turnstile gates seen in many subway stations, the MTA’s …

The New York Stock Exchange announced on Wednesday it will launch an exchange in Texas, increasing competition among listing venues in the state. Several high-profile firms, including Elon Musk’s Tesla and SpaceX, have relocated their headquarters to Texas, attracted by the state’s perceived favorable legal and regulatory environment. The Texas Stock Exchange, a new venture backed by financial giants including BlackRock, Citadel Securities and Charles Schwab, is targeting a 2026 launch after submitting paperwork late last month to operate as a national securities exchange. The New York Stock Exchange and the Nasdaq have dominated the lucrative U.S. listings market…

President Barack Obama famously chided Donald The President in April 2011 during the annual White House correspondents’ dinner. The reality show star had repeatedly and falsely claimed that Obama had not been born in the United States and was therefore ineligible to be president. The President’s demands that Obama release his birth certificate had, in part, made The President a front-runner among Republican hopefuls for their party’s nomination in the following year’s presidential election. Obama referred to The President’s presidential ambitions by joking that, if elected, The President would bring some changes to the White House. Obama then called attent…

Balancing on a railroad-tie-size beam of a platform floating in Spain’s Vigo Bay, Ricardo Tur crouches and points below. Dangling several feet underwater is a pen the size of a garden shed, home to 80 octopuses. I squat too, hoping to glimpse even a single arm—there are 640 of them down there! In my excitement, I lean too far and almost fall in. Tur is a marine biologist who for the past decade has been feeding the octopuses on this batea, the Spanish term for the 65-foot-by-82-foot raft I’m on. The raft’s owner, Carlos Veiga, a short, fit 75-year-old who has fished the planet’s oceans since the Franco era, stands nearby. Around us in this inlet, which contains …

Octopuses are brilliant, emotional, and mysterious. Can they ever be farmed humanely? And if they can, should they be? Fast Company contributor Clint Rainey is the first journalist in the world to be let inside a cutting-edge effort to build the first commercial octopus farm. Exclusive documentary. Coming in 2026. Check out the full article: https://www.fastcompany.com/91448602/octopus-could-be-the-next-commercially-farmed-seafood-should-it-be View the full article

I broke its neck. When making a vase at the potter’s wheel, I torqued its slippery neck clear off the pot as I tried to thin it into a graceful curve. I find vases gratifying to make and their shapes especially pleasing to the eye. But vases also must be handled with particular care because one part of their “body” – the neck – is often so narrow that it can be easily broken. That day at the wheel, I realized that it was not unlike the human neck. Though only a small portion of the human body – about 1% by surface area – our necks have an outsize influence on our psyche and culture. From selfies to formal portraits, the neck positions the head in expressiv…