Posts by Amelia Frost
Nvidia’s AI Boom Is Still Accelerating. Its Revenue Could Soon Leave Apple And Google Behind.
Nvidia is on course to become the second-largest U.S. technology company by annual revenue as the artificial intelligence boom drives sales growth at a pace rarely seen for a company of its size. The chipmaker expects revenue to grow about 70% in fiscal 2028, a forecast that would put it well ahead of the roughly…
Read MoreOil Prices Are Boosting Trump’s Investments. The White House Reiterates The Portfolio is Independently Managed.
President Trump’s oil investments have increased in value, a report states. President Donald Trump’s independently managed investment portfolio includes millions of dollars in oil and gas company stock, whose value is rising thanks to higher oil prices driven largely by the Iran war. A report written by Democrats on the Joint Economic Committee states that…
Read MoreOPEC+ Can’t Control Oil Prices Like It Used To. China Is Filling the Power Vacuum.
Six months into the Iran war, OPEC+ is confronting a dramatic shift in the global energy market. The world’s most powerful oil alliance is losing its ability to influence prices while China is emerging as an increasingly important force in determining where crude prices go next. The war has disrupted one of the world’s most…
Read MoreHow Polygon’s Coinme Acquisition Is Poised to Accelerate the Next Generation of Fintech Super Apps
In January 2026, Polygon Labs announced agreements to acquire crypto payments firm Coinme and wallet infrastructure provider Sequence for more than $250 million. The Coinme transaction is expected to close in Q2 2026, pending regulatory approval. The dual acquisition will complete an infrastructure stack that gives banks, fintechs, and enterprises something that hasn’t existed before…
Read MoreChatGPT Chats May Not Stay Private. AI Conversations Are Showing Up in Court.
Conversations with ChatGPT may feel private, but a growing number of court cases are demonstrating that what users tell an artificial intelligence chatbot can become evidence, and in some instances part of the public record. A Washington Post report published Thursday found chatbot conversations cited in at least 12 criminal and civil court cases over…
Read MoreChina Is Building 100,000 Humanoid Robots. They Still Struggle With Basic Jobs.
China has emerged as the overwhelming manufacturing leader in humanoid robots, producing machines that can perform increasingly sophisticated demonstrations. But they still struggle to do many ordinary jobs reliably. A Reuters investigation found a widening gap between China’s massive investment in humanoid robotics and what the machines can actually accomplish in factories and other workplaces.…
Read MoreNvidia Already Dominates The AI Chip Market. Now It Will Reportedly Own Hugging Face Too.
Nvidia has agreed to buy Hugging Face for $12.9 billion, according to multiple reports. The deal would give the world’s dominant AI chipmaker control of one of the most widely used platforms for open-source artificial intelligence models. The agreement was first reported by The Information, citing a person familiar with the deal. CNBC separately cited…
Read MoreCustom AI Chips Are Coming for Nvidia. OpenAI’s Jalapeño Could Be the Biggest Warning Yet.
Nvidia’s dominance of the artificial intelligence chip market is facing a growing challenge as OpenAI and some of the world’s largest technology companies push deeper into custom silicon, potentially threatening one of the chipmaker’s most lucrative businesses. OpenAI’s first in-house AI chip, called Jalapeño, is emerging as the latest test of Nvidia’s grip on the…
Read MoreFed and NASA Among Victims of China-Linked Hackers, FBI And DOJ Say
Some of the most sensitive institutions in the U.S. government, including the Federal Reserve, NASA, the Department of Justice and the U.S. Senate, were victims of computer intrusions linked to a Chinese state-sponsored hacking operation, federal authorities revealed. The Justice Department and FBI announced that they had seized three internet domains used to operate two…
Read MoreCleveland Fed’s Beth Hammack Reiterates Her Call For Rate Hikes, Says ‘Now Is The Time To Act’
Cleveland Federal Reserve President Beth Hammack reiterated her call for a hike of interest rates on Thursday. Speaking from Jackson Hole, where the central bank’s annual symposium takes place, Hammack said “now is the time to act” on the matter. “I believe that we’ve been in an inflationary situation for more than five years. It’s…
Read MoreThe Kansas City Fed President Said Inflation Is ‘Sticky’ And Believes The Central Bank Has Not ‘Broken Through’
Kansas City Federal Reserve President Jeffrey Schmid said inflation is “still stubborn and it’s still sticky,” and the central bank has not yet managed to “break through.” Speaking to CNBC on Thursday, Schmidt, who does not vote on FOMC decisions, added that Fed members will “have our work cut out for us as we move…
Read MoreTrump Claimed All Mines Were Removed From The Hormuz Strait. Allies Are Reportedly Not So Sure.
U.S. allies believe demining efforts from Washington forces have not been fully successful despite President Donald Trump’s claims, according to a new report. Bloomberg detailed that allies believe Iran laid between 80 and 150 mines in the waterway, and not all have been removed or detonated. Trump said on Tuesday that he had “just been…
Read More