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Nvidia continues to expand its footprint in open source AI on two fronts: acquisitions and new model releases. The semiconductor giant announced Monday that it has acquired SchedMD, a leading developer of the popular open source workload management system Slurm. Nvidia said it will continue to operate the program, designed for high-performance computing and AI, as open source, vendor-neutral software. Slurm was originally founded in 2002, and SchedMD was founded in 2010 by lead Slurm developers Morris Jette and Danny Auble. Oubre is the current CEO of SchedMD. Terms of the deal were not disclosed. Nvidia declined to comment on…
Broadcom CEO Hock Tan.lucas jackson reuterIn at least one corner of the artificial intelligence market, sentiment is clearly negative. broadcom, coreweave and oracleAll three companies closely tied to building AI infrastructure had another rough day on Wall Street on Monday after falling sharply last week. Coreweave made its market debut in March, and while all three stocks have continued their solid gains since the start of the year, recent trends suggest investors are concerned about whether their returns are commensurate with their spending. “We definitely need an ROI to continue to fund this AI investment,” Matt Wiziler, head of late-stage…
I found my new favorite grab and go bag at Kate Spade Outlet. Now it’s only $44! Introducing the Phoebe Mini Top Handle Crossbody, aka the perfect mini crossbody bag that won’t weigh you down. Crafted from beautiful polished grained leather and gold hardware with a magnetic snap and turnlock closure for a timeless look. A versatile piece with a removable (adjustable) crossbody strap and classic top handle to keep your hands free. Of course, you can’t go wrong with classic black, but a fun two-tone neutral leopard is also a great option. Either way, everything is currently a whopping…
Jefferies upgrades Fastenal from hold to buy Jefferies says the stock is optimally positioned for 2026. “We upgrade Fastenal to Overweight, with an upside price target of $14.” JPMorgan upgrades Dollar General from Neutral to Overweight JPMorgan calls Dollar General stock a “consistent compounder.” “DG is positioned to deliver multi-year same-store sales of 2-3%(+), supported by the company’s new store waterfall and store refurbishment/renovation, as well as company-specific initiatives including discretionary reset and value valet.” Macquarie launches Pony AI to outperform Macquarie says the Chinese robotaxi company’s share price has room for further upside. “Pony’s strategy to rapidly deploy robotaxis…
Colin Angle, co-founder and CEO of iRobot, speaks at the Prime Air delivery drone unveiling event on Wednesday, June 5, 2019, in Las Vegas, Nevada, USA. Joe Baglowitz | Bloomberg | Getty ImagesColin Angle, co-founder and former CEO iRoboton Monday called the company’s move to declare bankruptcy “deeply disappointing” and “nothing short of a tragedy for consumers.”The robot vacuum cleaner pioneer announced Sunday that it has filed for bankruptcy protection after years of financial difficulties and will be taken private by financier and major supplier Shenzhen Picea Robotics Co., Ltd.”Today’s outcome is extremely disappointing. And it was avoidable,” Angle told…
My Top 10 to Watch for Monday, Dec. 15 1. The S&P 500 was headed higher as Wall Street awaited key economic data this week. November employment statistics and October retail sales figures will be released on Tuesday morning. The consumer price index for November will be released on Thursday. Meanwhile, the club that owns Nike will announce its financial results after the final bell on Thursday. 2. Broadcom stock rose slightly this morning after getting hammered last week with a misinterpreted quarterly earnings report. UBS views Friday’s decline as a buying opportunity. In my Sunday column, I said that…
The impact of AI on our social media feeds has not gone unnoticed by one of America’s top dictionaries. Amid the onslaught of content that has swept the web over the past 12 months, Merriam-Webster announced Sunday that its word of the year for 2025 is “slop.” According to the dictionary, the term is defined as “low-quality digital content, typically produced in large quantities by artificial intelligence.” “Like slime, sludge, and mud, slop has the wet sound of something you don’t want to touch. Slop seeps into everything,” the dictionary says, adding that in an age of AI anxiety, it’s…
Hong Kong — Hong Kong’s former media mogul Jimmy Lai has been found guilty of two national security charges and a lesser charge of sedition in a landmark two-year trial widely seen as a sign of the decline in Hong Kong’s freedoms under Beijing’s rule. Mr. Lai, 78, an upstart billionaire, is one of the most high-profile critics of Beijing who was indicted under a sweeping security law imposed on the semi-autonomous city in 2020, following months of massive and sometimes violent pro-democracy protests. He founded Apple Daily, a fiercely pro-democracy tabloid known for its harsh coverage of the Chinese…
Kris Jenner shares rare birthday photo of grandson Mason and Reign Disickkris jenner shows off some cute moments of their grandchildren. to celebrate kourtney kardashian and scott disicksons of mason disick and rain disickOn her birthday, Dec. 14, the Kardashian matriarch shared a bunch of rarely seen photos of her new 16-year-old and 11-year-old. “Happy birthday to our birthday twins, my wonderful grandsons, Mason and Lane! ” Chris wrote in a Dec. 14 Instagram post. “You both have your own magic and just being who you are makes our family so proud. I feel infinitely grateful and blessed to be…
Investors are moving away from Big Tech, but not from the stock market. Instead, they are increasing their exposure elsewhere. Deutsche Bank strategists noted last week that the average stock price of the S&P 500 has risen since Oct. 29, when the benchmark hit an intraday high. That’s despite the index still trading just below that mark. “The performance of the sector as a whole is inversely related to its position in late October,” Deutsche said. In fact, the sectors that performed best at the time were those with the least exposure to Big Tech and artificial intelligence. Since Oct.…