Nvidia boss to meet UK's Technology Secretary

Nvidia has joined the India Deep Tech Alliance, a move that highlights its commitment to fostering innovation in the region. The alliance has also welcomed new members and announced an impressive $850 million pledge to support deep tech initiatives, signaling a strong investment in the future of technology in India.

A recent IDR survey reveals that pay awards in the UK have remained at their lowest level in nearly four years, raising concerns about wage growth and economic stability.

The UK is set to launch a pilot scheme allowing homeless individuals to open bank accounts with the country's five largest banks. This initiative is part of a broader financial inclusion strategy aimed at ensuring that financial services are accessible to everyone, including programs to help domestic abuse victims restore their credit scores.

Six major telecom companies in the UK are joining forces to enhance security measures against phone number spoofing. Over the next year, they will implement new technology aimed at preventing fraudsters from impersonating legitimate organizations, helping to protect consumers from scams.

Ebury, a UK-based cross-border payment firm, is set to increase its workforce in China. This decision comes as local companies are expanding their international trade and the yuan gains traction in global commerce.

Loop Capital has set an ambitious new price target of $350 for Nvidia, significantly up from $250. This bold move suggests a staggering $8.5 trillion valuation for the AI powerhouse, showcasing the firm's confidence in Nvidia's future.

Super Micro has raised its revenue outlook for fiscal 2026, now anticipating at least $36 billion in revenue. This optimistic forecast is driven by a surge in demand for AI-related servers equipped with Nvidia technology.

The White House has announced that Nvidia is prohibited from selling its most advanced AI chip to China, a move that could significantly impact the tech giant's business strategy and the broader AI landscape.

Naver has announced record earnings for the third quarter, driven by significant growth in its AI initiatives. This impressive performance highlights the company's successful strategy in leveraging artificial intelligence to enhance its services and boost revenue.

Gold prices have seen a rebound as investors adopt a risk-off approach in the markets, with many looking ahead to the upcoming US payroll data for further insights.

In a dramatic turn of events, New York City's elite have unleashed a barrage of tactics against Zohran Mamdani's mayoral campaign, employing money, insults, and even scare tactics to thwart his ambitions. The atmosphere is tense as fears of a 'Hot Commie Summer' loom over Wall Street.

The article discusses five key areas where debt is becoming a significant concern in the rapidly growing AI data centre sector. It highlights the challenges and risks associated with financing these facilities, as well as the potential impact on the industry.

China is looking to issue a $4 billion bond, with orders exceeding $65 billion, indicating strong investor interest and confidence in the market.

Toyota has raised its full-year operating profit outlook, thanks to increased volumes and effective cost-reduction efforts. This positive adjustment reflects the company's strong performance and strategic initiatives.