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Pay workers 'as much as possible': Nvidia's Jensen Huang
Pay workers 'as much as possible': Nvidia's Jensen Huang "I pay my employees as much as I can," said Nvidia CEO Jensen Huang, head of the US artificial intelligence hardware giant that is the world's most valuable company. Companies should pay workers "as much as possible", Nvidia boss Jensen Huang said on Tuesday (Jun 2) ahead of a trip to South Korea, where Samsung Electronics recently averted a strike by making an agreement on bonuses with its union. Huang, head of the US artificial...
Warren invites Nvidia CEO Jensen Huang to Senate hearing on China AI chip sales
Nvidia CEO Jensen Huang is being invited to testify before the Senate Banking Committee on June 11 as Sen. Elizabeth Warren, D-Mass., sharpens her focus on the chipmaker's China sales, export controls and role at the center of the global AI boom. "Appearing as a witness will give you an opportunity to testify about NVIDIA's views on U.S. export control laws and regulations and NVIDIA's business in China," Warren wrote in a letter first obtained by CNBC. She asked Huang to confirm his...
Fox News AI Newsletter: AI girlfriend dumps Hollywood filmmaker
IN TODAY'S NEWSLETTER:- Oscar-nominated filmmaker disappointed his AI girlfriend dumped him- AI layoffs may be backfiring on companies- Nvidia CEO Jensen Huang warns China has ‘all the chips they need’ despite US bansBAD BREAK-UP: Dating in the digital era isn't easy, as one Oscar-nominated filmmaker learned the hard way. Paul Schrader, the screenwriter of Martin Scorsese classics like "Taxi Driver" and "Raging Bull," revealed in a Facebook post that he had dabbled in developing an "AI...
Fox News AI Newsletter: Sanders bill would seize 50% of stock in OpenAI, Anthropic for sovereign wealth fund
IN TODAY’S NEWSLETTER:- Bernie Sanders unveils plan to take 50% stake in AI companies for government wealth fund- College grads expect to earn $80,000 a year, but the math isn’t mathing- Jensen Huang says Nvidia's new RTX Spark chip will reinvent the PCSOCIALIST SHARE-UP: Democratic socialist Sen. Bernie Sanders, I-Vt., is arguing that the federal government should establish a sovereign wealth fund that's financed by taking possession of half of the stock in AI giants like OpenAI, Anthropic...
Fox News AI Newsletter: Sanders bill would seize 50% of stock in OpenAI, Anthropic for sovereign wealth fund
IN TODAY’S NEWSLETTER:- Bernie Sanders unveils plan to take 50% stake in AI companies for government wealth fund- College grads expect to earn $80,000 a year, but the math isn’t mathing- Jensen Huang says Nvidia's new RTX Spark chip will reinvent the PCSOCIALIST SHARE-UP: Democratic socialist Sen. Bernie Sanders, I-Vt., is arguing that the federal government should establish a sovereign wealth fund that's financed by taking possession of half of the stock in AI giants like OpenAI, Anthropic...
AI Is Slowing Down
If you liked this piece, you should subscribe to my premium newsletter. It’s $70 a year, or $7 a month, and in return you get a weekly newsletter that’s usually anywhere from 5,000 to 18,000 words, including vast, detailed analyses of NVIDIA, Anthropic and OpenAI’s finances, and the AI bubble writ large (updated to version 3.0 last week). My Hater's Guides To the SaaSpocalypse, Private Credit and Private Equity are essential to understanding our current financial system, and my guide to how...
H-1B hiring boost: Nvidia offers top salaries despite slowdown in foreign recruitment
At a time when many technology companies are cutting jobs, slowing recruitment and reducing sponsorship of foreign workers, Nvidia appears to be moving in the opposite direction. The artificial intelligence chip giant has continued to aggressively hire overseas talent through the H-1B visa programme. Federal filings show Nvidia secured certification for around 1,200 H-1B positions during the first two quarters of fiscal 2026, up from roughly 1,000 during the same period a year earlier.
Alphabet's plan to sell $80 billion in stock to fund its AI buildout isn't all bad
Alphabet bulls fought the down tape all day on Tuesday, taking the glass-half-full view of the company's plans to sell a massive amount of stock to fund its artificial intelligence buildout. The cloud and search giant announced late Monday that it plans to raise $80 billion through a stock offering, including a $10 billion investment by Berkshire Hathaway . It's the latest step in an aggressive effort by big tech companies to secure future funding for AI infrastructure.
Federal data on H-1B visa reveals how much base pay Nvidia offers its employees
Federal data on H-1B visas reveals how much Nvidia is paying foreign workers across key roles, underscoring the chipmaker’s determination to attract top talent despite a broader slowdown in tech immigration, according to a report by Business Insider. While rivals like Google and Amazon have back on sponsorship amid the Trump administration’s crackdown, Nvidia obtained certification for roughly 1,200 H‑1B positions in the first half of fiscal 2026 which is up from 1,000 a year earlier. As per...
Meta is trying to sell AI agents to businesses in latest effort to diversify away from ads
Meta's effort to push beyond ads and to make money from artificial intelligence is now targeting the red-hot market of AI agents. The company said Wednesday that a new Meta Business Agent feature can be used across apps like WhatsApp, Messenger and Instagram to respond to customer inquiries, recommend products and book appointments. It will be included in a business-focused subscription tier for Meta One, which the company introduced last week as a way to package premium services for...