After briefly being anointed king of the stock market, Nvidia has been hit hard. While that could be a warning sign for investors concerned that this year’s rally has relied too heavily on a few big tech names, there are many ways to avoid bubble-like prices while staying broadly invested. Last Tuesday, Nvidia briefly passed … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The financial watchdog in Bermuda, at the heart of the world’s reinsurance sector, is cracking down on life insurers’ investments in affiliates after problems at 777 Partners and its reinsurer based in the British Overseas … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Janet Yellen has urged the EU to join US efforts to curb Beijing’s green technology exports, warning that a glut of cheap Chinese goods could threaten the survival of factories around the world. could threaten … Read more
Image source, Getty Images Image caption, The electricity demand of data centers is expected to double between 2022 and 2026 Item information Author, Chris Baraniuk Role, Technology reporter 4 hours ago There’s a big problem with generative AI, says Sasha Luccioni of Hugging Face, a machine learning company. Generative AI is an energy hog. “Every … Read more