Author: Daniel snow

Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. Cheng / AFP) (Photo by I-HWA CHENG/AFP via Getty Images) I-hwa Cheng | Afp | Getty ImagesNvidia on Wednesday announced a slew of partnerships with European countries and companies spanning infrastructure to software as it looks to keep itself at the center of the global artificial intelligence story.Chief Executive Jensen Huang on Wednesday continued his tour of Europe with a keynote at Nvidia’s GTC event in Paris, France, where he laid out some key European partnerships.Nvidia has been keen to position…

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DeepL CEO Jaroslaw “Jarek” Kutylowski.DeepLDeepL on Wednesday said it was deploying one of the latest Nvidia systems that would allow the German startup to translate the whole internet in just 18 days.This is sharply down from 194 days previously., DeepL is a startup that has developed its own AI models for  and competes with Google Translate.Nvidia is meanwhile looking to expand the customer base for its chips — which are designed to power artificial intelligence applications — beyond hyperscalers such as Microsoft and Amazon.It also highlights how startups are using Nvidia’s high-end products to build AI applications, which are viewed as…

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A home is seen for sale on April 24, 2025 in Austin, Texas. Brandon Bell | Getty ImagesMortgage interest rates barely moved at all last week, but demand from homebuyers as well as those looking to refinance a current home loan increased.Total mortgage application volume rose 12.5% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. An additional adjustment was made for the Memorial Day holiday. While the weekly move may seem large, the volume is still quite low historically.The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500…

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