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Nvidia Becomes World's First $5 Trillion Company

Slashdot.org - 9 hours 3 min ago
Nvidia became the world's first $5 trillion company on Wednesday after its stock climbed 5% in early Wall Street trading to push its market capitalization to $5.13 trillion. The Silicon Valley chipmaker reached the milestone three months after hitting $4 trillion and three years after it was valued at roughly $400 billion before the debut of ChatGPT. Nvidia chief executive Jensen Huang said Tuesday that Nvidia had secured half a trillion dollars in orders for its AI chips over the next five quarters. The stock had already gained 5% on Tuesday and added more than $200 billion to its market value. President Donald Trump said Wednesday he planned to discuss Nvidia's Blackwell chip with China's President Xi Jinping when the two leaders meet later this week. Nvidia's latest generation of graphics processing units is not currently available in China because of US export controls. The company's shares have risen more than 85% in the past six months.

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Accelerating discovery with the AI for Math InitiativeAccelerating discovery with the AI for Math InitiativeVP, Science and Strategic InitiativesSenior Director, GenAI Strategy

GoogleBlog - 9 hours 29 min ago
The AI for Math Initiative brings together five of the world's most prestigious research institutions.The AI for Math Initiative brings together five of the world's most prestigious research institutions.
Categories: Technology

Gates Retreats From 'Doomsday' Climate View, Prioritizes Aid To Poorest Countries

Slashdot.org - 9 hours 29 min ago
Bill Gates is retreating from his earlier warnings about climate change. The Microsoft co-founder now argues that what he called the "doomsday view of climate change" has caused the climate community to focus too heavily on near-term emissions goals and divert resources from addressing poverty and disease in the world's poorest countries. In a blog post, Gates wrote that climate change will have serious consequences but will not lead to humanity's demise. He acknowledges that some climate advocates will call him a hypocrite given his own carbon footprint and his 2021 book warning that climate change could be as deadly as COVID-19 by mid-century and five times as deadly by 2100. The poorest countries receive less than 1% of rich countries' budgets at their highest level and that this share is shrinking as wealthy nations cut aid and low-income countries struggle with debt, he wrote. Rising temperatures are now inevitable and that the current consensus suggests Earth's average temperature will be between two and three degrees Celsius higher than 1850 levels by 2100.

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Senator Blocks Trump-Backed Effort To Make Daylight Saving Time Permanent

Slashdot.org - 10 hours 29 min ago
An anonymous reader quotes a report from Politico: Sen. Tom Cotton wasn't fast enough in 2022 to block Senate passage of legislation that would make daylight saving time permanent. Three years later, he wasn't about to repeat that same mistake. The Arkansas Republican was on hand Tuesday afternoon to thwart a bipartisan effort on the chamber floor to pass a bill that would put an end to changing the clocks twice a year, including this coming Sunday. [...] A cross-party coalition of lawmakers has been trying for years to make daylight saving time the default, which would result in more daylight in the evening hours with less in the morning, plus bring to a halt to biannual clock adjustments. President Donald Trump endorsed the concept this spring, calling the changing of the clocks "a big inconvenience and, for our government, A VERY COSTLY EVENT!!!" His comments coincided with a hearing, then a markup, of Scott's legislation in the Senate Commerce Committee. It set off an intense lobbying battle in turn, pitting the golf and retail industries -- which are advocating for permanent daylight saving time -- against the likes of sleep doctors and Christian radio broadcasters -- who prefer standard time. "If permanent Daylight Savings Time becomes the law of the land, it will again make winter a dark and dismal time for millions of Americans," said Cotton in his objection to a request by Sen. Rick Scott (R-Fla.) to advance the bill by unanimous consent. "For many Arkansans, permanent daylight savings time would mean the sun wouldn't rise until after 8:00 or even 8:30am during the dead of winter," Cotton continued. "The darkness of permanent savings time would be especially harmful for school children and working Americans."

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Early Reports Indicate Nvidia DGX Spark May Be Suffering From Thermal Issues

Slashdot.org - 13 hours 29 min ago
Longtime Slashdot reader zuki writes: According to a recent report over at Tom's Hardware, a number of those among early buyers who have been able to put the highly-coveted $4,000.00 DGX Spark mini-AI workstation through its paces are reporting throttling at 100W (rather than the advertised 240W capacity), spontaneous reboots, and thermal issues under sustained load. The workstation came under fire after John Carmack, the former CTO of Oculus VR, began raising questions about its real-world performance and power draw. "His comments were enough to draw tech support from Framework and even AMD, with the offer of an AMD-driven Strix Halo-powered alternative," reports Tom's Hardware. "What's causing this suboptimal performance, such as a firmware-level cap or thermal throttling, is not clear," the report adds. "Nvidia hasn't commented publicly on Carmack's post or user-reported instability. Meanwhile, several threads on Nvidia's developer forums now include reports of GPU crashes and unexpected shutdowns under sustained load."

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