From Nvidia to OpenAI, Silicon Valley woos Westminster as ex-politicians take tech firm roles | Artificial intelligence (AI)

When the billionaire chief executive of AI chipmaker Nvidia threw a party in central London for Donald Trump’s state visit in September, the power imbalance between Silicon Valley and British politicians was vividly exposed. Jensen Huang hastened to the stage after meetings at Chequers and rallied his hundreds of guests to cheer on the power…

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Plunges Below $90K as AI Bubble Worries Weigh on Tech Stocks

Artificial intelligence-focused stocks are coming under pressure on Friday, dragging tech-related equities and bitcoin BTC$88,906.74 lower during the early U.S. session. Chipmaker Broadcom (AVGO), the ninth largest asset by market cap, tumbled 10% despite strong earnings as its outlook disappointed investors’ lofty expectations. The Nasdaq index was down over 1% in the first hour of…

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