Author

admin

Browsing

Syntheia Corp. (‘Syntheia’ or the ‘Company’) (Syntheia.ai), CSE SYAI, a leading provider of conversational AI solutions for inbound telephone call management, proudly announces 10,000 subscribers for its AssistantNLP platform ahead of Management’s expectations by nine months.

Originally, management had set a milestone of obtaining 10,000 subscribers for the year 2025. Management is pleased to report that it achieved 100% its internal forecast within less than two months from commencement of going live. This milestone is significantly ahead of schedule and forecast by nine months. Management has revised its original internal subscriber forecast of 10,000 subscribers for 2025 and now aims to achieve approximately 100,000 subscribers by end of 2025.

Uniquely uncovered and not anticipated is that the businesses subscribing to our platform often require translation assistance as English is their second language. So in addition to business efficiencies offered by Syntheia, our subscribers are also benefiting from Syntheia as their automated AI receptionist by eliminating the language barrier that challenges many small and medium businesses today in North America.

We achieved a very significant milestone in record time and now have adjusted our yearly subscription outlook significantly by a factor of 10 to 100,000 subscriptions by the end of the year. In 2025, we look to aggressively build our community, introduce new offering and ultimately monetize on the community that we have built,’ commented Tony Di Benedetto, Chief Executive Officer of Syntheia.

About Syntheia

Syntheia is an artificial intelligence technology company which is developing and commercializing proprietary algorithms to deliver human-like conversations. Our SaaS platform offers conversational AI solutions for both enterprise and small-medium business customers globally.

Cautionary Statement

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This news release contains certain ‘forward-looking information’ within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’, ‘may’, ‘will’, ‘would’, ‘potential’, ‘proposed’ and other similar words, or statements that certain events or conditions ‘may’ or ‘will’ occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Forward-looking statements in this news release include, but are not limited to the Company’s mission and business objectives and the Company’s efforts to grow its subscriber base, brand awareness, customer base and sales. Readers are cautioned that forward‐looking information is not based on historical facts but instead reflects the Company’s management’s expectations, estimates or projections concerning the business of the Company’s future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made.

Although the Company believes that the expectations reflected in such forward‐looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements. Please refer to the Company’s listing statement available on SEDAR+ for a list of risks and key factors that could cause actual results to differ materially from those projected in the forward‐looking information. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward‐looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.

Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

The securities of the Company have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250321135594/en/

For further information, please contact:

Tony Di Benedetto
Chief Executive Officer
Tel: (844) 796-8434

News Provided by Business Wire via QuoteMedia

This post appeared first on investingnews.com

Copper prices surged past US$10,000 per metric ton on Thursday (March 20), hitting a five month high as traders scrambled to secure supply ahead of potential US tariffs on the base metal.

London Metal Exchange (LME) copper futures climbed sharply in early trading, reflecting a combination of supply constraints, rising demand and uncertainty surrounding trade policy.

US President Donald Trump has ordered a probe into the national security implications of copper imports, raising concerns that a 25 percent tariff could be imposed, similar to levies already placed on aluminum and steel.

The potential for such tariffs has triggered a wave of preemptive buying, particularly in the US, where traders are paying record premiums to acquire copper before any duties take effect. The spread between New York Comex futures and the LME price widened to more than US$1,254 this week, exceeding February’s high of US$1,149.

Tariff threat complicating copper trade

If the US imposes a 25 percent tariff on copper imports, analysts say the price gap between Comex and LME copper could widen even further, potentially surpassing US$2,000.

StoneX analyst Natalie Scott-Gray told the Financial Times that this would further distort global copper trade, creating strong incentives for suppliers to shift even more metal to the US market.

Wei Lai, deputy trading head at Zijin Mining Investment Shanghai, told Bloomberg that “a round of cross-regional repricing triggered by potential US tariffs’ is unfolding. The rush to divert supply to the US is leaving other regions short of the metal, while also boosting investor confidence in copper as a lucrative commodity.

Beyond tariffs, the copper market is facing broader supply-side challenges. Processing fees for copper smelters have reached historic lows, raising concerns about the long-term viability of some refining operations. An oversupply of smelting capacity — particularly in China — has made it difficult for copper smelters to maintain profitability.

Commodities trading giant Glencore (LSE:GLEN,OTC Pink:GLCNF) recently announced it would halt operations at its Philippine copper smelter, citing “increasingly challenging market conditions” as processing fees collapsed.

More smelters could shut down if the situation persists, further tightening copper supply and boosting prices.

While trade policy is a key factor driving copper’s price surge, broader macroeconomic trends are also playing a role. Expectations of rising demand from Germany’s major infrastructure and military spending initiatives, as well as stimulus measures in China, are supporting bullish sentiment for the metal. Furthermore, some investors are diversifying away from US tech stocks, shifting funds into gold and industrial metals as a hedge against economic volatility.

During the recent Prospectors & Developers Association of Canada convention, Adrian Day, president of Adrian Day Asset Management, explained why US tariffs on copper imports would be a bad idea.

‘Logically, if you’re worried that we need a lot of copper in the US and we’re not producing enough, the last thing you want to do is put tariffs on shipments from abroad,’ Day explained. ‘I suspect, that the people making a recommendation will recommend no tariffs, and they’ll recommend encouraging domestic production, and so on.’

Rising copper prices boost China’s Zijin

The positive impact of higher copper prices is already being felt across the mining sector.

Zijin Mining Group (OTC Pink:ZIJMF,SHA:601899), China’s largest metals producer, reported a 52 percent jump in profit last year, driven by increased output and soaring prices for copper and gold. The company posted net income of 32.1 billion yuan (US$4.4 billion), with revenue climbing 3.5 percent to 303.6 billion yuan.

Despite these gains, Zijin recently lowered its copper output target for 2025 by about 6 percent to 1.15 million metric tons, citing regulatory hurdles and geopolitical challenges that have slowed its overseas expansion. Resistance to Chinese acquisitions in western markets has also played a role in the company’s revised projections.

Market waits for copper probe results

For now, the outlook for copper is uncertain as traders await the results of the US tariff investigation.

While final recommendations are unlikely to come until later this year, major investment banks, including Goldman Sachs (NYSE:GS) and Citigroup (NYSE:C), expect 25 percent import duties on copper by the end of 2025.

In the meantime, copper prices are likely to remain volatile.

As of midday Thursday (March 19), LME copper was trading just below US$10,000, with other base metals showing mixed performance. Aluminum remained slightly higher, while nickel remained steady.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

The big news of the week came on Wednesday (March 19) when the US Federal Reserve’s Federal Open Market Committee (FOMC) convened for its March decision on whether to adjust its benchmark Federal Funds rate.

Given the economic uncertainty surrounding US President Donald Trump’s economic and trade policies, it has been widely expected that the FOMC would maintain the rate at 4.25 to 4.5 percent, which is what they did.

In his press statements, Fed Chairman Jerome Powell said inflationary numbers were somewhat stuck, citing tariffs raising consumer prices as a reason for the stagnant figures. However, he also indicated that the committee believed the effect would be largely transitory and that data showed the economy was strong and job markets were balanced. Because of this, he expects that the FOMC will still make two rate cuts in 2025 as previously planned.

Sticky inflation isn’t limited to the United States. North of the border, Statistics Canada reported on Tuesday (March 18) that the consumer price index ticked up to 2.6 percent in February, versus a more modest 1.9 percent increase in January.

The agency cited the end of the tax holiday implemented by the federal government in December as the primary source of the rise, as tax is included in CPI data. It also indicated the rise was moderated by slower price increases in gasoline.

Newly sworn-in Canadian Prime Minister Mark Carney, who replaced former Prime Minister Justin Trudeau, is expected to dissolve parliament this Sunday (March 23) and announce an election for April 28 or May 5. The election would occur amid a growing trade war between the US and Canada and shortly after a new round of global tariffs from the US is set to take effect on April 2.

For his part, Carney met with the premiers on Friday (March 21) to discuss opening up trade between the provinces and working to create a more unified Canadian economy. Currently, trade between provinces faces restrictions on many goods, from natural resources to alcohol and dairy products.

Markets and commodities react

In Canada, markets were largely positive this week. The S&P/TSX Venture Composite Index (INDEXTSI:JX) gained 2.57 percent during the week to close at 637.79 on Friday (March 14), the S&P/TSX Composite Index (INDEXTSI:OSPTX) was up 1.7 percent to 24,968.49 and the CSE Composite Index (CSE:CSECOMP) dropped 0.4 percent to 123.20.

After seeing sharp declines in recent weeks, US equity markets were up slightly this week. The S&P 500 (INDEXSP:INX) gained 0.6 percent to close the week at 5,667.57 and the Nasdaq 100 (INDEXNASDAQ:NDX) rose 0.42 percent to 19,753.97. The Dow Jones Industrial Average (INDEXDJX:.DJI) saw the largest gains adding 1.27 percent to 41,985.36.

Gold held above the US$3,000 mark this week and set a new all time high at US$3,053 following the Fed’s rate announcement. Overall, the gold price gained 1.23 percent over the week to US$3,021.85 per ounce at 4:00 p.m. EDT Friday. The silver price went the opposite direction, losing 2.35 percent during the period to US$33.03.

In base metals, the copper price broke through US$5 per pound this week, gaining 4.69 percent to close out Friday at US$5.12 per pound on the COMEX. Meanwhile, the S&P GSCI (INDEXSP:SPGSCI) was up 1.18 percent to close at 558.21.

Top Canadian mining stocks this week

So how did mining stocks perform against this backdrop? We break down this week’s five best-performing Canadian mining stocks below.

Data for this article was retrieved at 4:00 p.m. EDT on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market capitalizations greater than C$10 million are included. Companies within the non-energy minerals and energy minerals sectors were considered.

1. BCM Resources (TSXV:B)

Company Profile

Weekly gain: 136.36 percent
Market cap: C$12.99 million
Share price: C$0.13

BCM Resources is an exploration company working to advance its flagship Thompson Knolls project in Utah, United States.

The greenfield copper, molybdenum, gold, and silver project in Utah’s Great Basin consists of 225 federal unpatented lode mining claims and two state section leases covering an area of 2,242 hectares.

Exploration of the project area began in the 1970s, when a US Geological Survey aerial survey identified a prominent magnetic anomaly. In the 1990s, follow-up work was conducted at the target.

BCM carried out its last drill program at the property in 2023. At the time, the company announced that one drill hole encountered a significant mineral intercept of 0.66 percent copper, 0.12 grams per metric ton (g/t) gold and 7.4 g/t silver over 155.4 meters starting at a depth of 621.8 meters. The sample also contained eight intervals with greater than 1 percent copper over 24.3 meters.

The company received approval from the Bureau of Land Management for a plan of operation to continue drilling at the project. In a July 2024 update, the company released data from an analysis of the project’s porphyry-skarn system by the Colorado School of Mines, which it plans to use to prepare for the drilling at the site.

Although the company did not release news this week, shares were up alongside a surging copper price.

2. KWG Resources (CSE:CACR)

Company Profile

Weekly gain: 100 percent
Market cap: C$31.99 million
Share price: C$0.03

KWG Resources is a chromite and base metals exploration company focused on moving forward at its Ring of Fire assets in Northern Ontario, Canada. It does business as the Canadian Chrome Company.

The firm’s properties consist of the Fancamp and Big Daddy claims, along with the Mcfaulds Lake, Koper Lake and Fishtrap Lake projects. All are located within a 40 kilometer radius, and according to the company are home to feeder magma chambers containing chromite, nickel and copper deposits.

KWG is currently working with local First Nations to improve transportation to the region through the development of road and rail links. The company announced on November 7 that it had signed a memorandum of agreement with AtkinsRealis Canada in its capacity as a contractor representing the Marten Falls and Webequie First Nations.

The agreement will allow AtkinsRealis temporary access rights over some mineral exploration claims in support of work permits for an environmental assessment for the design, construction and operation of a multi-use, all-season road between the proposed Marten Falls community access road and the proposed Webequie supply road.

Once completed, the link will provide improved access to communities and mining companies in the region.

KWG released a pair of news releases this week. On Tuesday, the company announced the closing of the second tranche of a private placement; the company raised gross aggregate proceeds of C$422,614.32 between the two rounds. It followed the news on Friday with the announcement of a proposed private placement for proceeds of up to C$5 million.

3. Sterling Metals (TSXV:SAG)

Company Profile

Weekly gain: 60 percent
Market cap: C$33.97 million
Share price: C$0.08

Sterling Metals is an exploration company working to advance a trio of projects in Canada.

Over the past year, its primary focus has been on exploration at its brownfield Copper Road project in Ontario. The 25,000 hectare property has hosted two past-producing copper mines and has the potential for larger intrusion-related copper mineralization.

On January 15, Sterling announced results from a 3D induced polarization and resistivity survey that covered an area of 5 kilometers by 3 kilometers and revealed multiple high-priority drill-ready targets.

The company intends to use the survey results, along with historical exploration, to inform a drill program at the site.

The company’s other two projects consist of Adeline, a 297 square kilometer district-scale property with sediment-hosted copper and silver mineralization along 44 kilometers of the strike, and Sail Pond, a silver, copper, lead and zinc project that hosts a 16 kilometer long linear soil anomaly and has seen 16,000 meters of drilling. Both properties are located in Newfoundland and Labrador.

The most recent news came on Monday (March 17), when Sterling announced it had upsized its private placement for the second time. The expanded round will see gross proceeds of up to C$1.6 million.

4. Star Diamond (TSXV:DIAM)

Company Profile

Weekly gain: 60 percent
Market cap: C$33.97 million
Share price: C$0.08

Star Diamond is an exploration and development company working to advance its flagship Fort à la Corne diamond district in Saskatchewan, Canada.

The property is located 60 kilometers east of Prince Albert, Saskatchewan. Previously a joint venture with Rio Tinto, Star Diamond acquired Rio Tinto’s stake in the project in March 2024 in exchange for 119.32 million shares in Star Diamond, resulting in Rio Tinto holding a 19.9 percent ownership position in the diamond junior.

Fort à la Corne has seen extensive exploration of kimberlite deposits, including geophysical surveys, large-diameter drilling and micro- and macro-diamond analyses.

The Star-Orion South diamond project, the most advanced project area in Star Diamonds’ portfolio, is located within the district.

In 2018, the company released a PEA for Star-Orion South, which reported a resource of 27.15 million carats of diamonds from 200.16 million metric tons with an average grade of 14 carats per 100 metric tons. The inferred resource is 5.18 million carats from 72.08 million metric tons, with an average grade of 7 carats per 100 metric tons.

At the time, the company estimated a post-tax NPV of C$2 billion, an IRR of 19 percent and a payback period of 3 years and 5 months.

On January 9, Star Diamond announced that a 70.7 million share block held by a former project partner had been sold, with 61.12 million shares purchased by an international investor interested in diamonds.

The company’s most recent news came on February 27, when it announced that it had closed the second tranche of its private placement for gross proceeds of C$230,000, adding to the C$335,000 from the first tranche it closed on February 18. The funds will be used as working capital. According to the announcement, Star Diamond is discussing funding for a pre-feasibility study with potential investors.

5. Cordoba Minerals (TSXV:CDB)

Company Profile

Weekly gain: 58.62 percent
Market cap: C$35.01 million
Share price: C$0.46

Cordoba Minerals is an exploration company working to advance its flagship Alacran project in Colombia.

The 20,000 hectare property hosts copper, gold and silver mineralization across five deposits: Alacran, Alacran North, Montiel East, Montiel West and Costa Azul. The project is a 50/50 joint venture with JCHX Mining Management (SHA:603979).

A feasibility study for the project released in February 2024 demonstrated an after-tax net present value of US$360 million with an internal rate of return of 23.8 percent and a payback period of three years.

The mineral resource estimate for the Alacran deposit and historical tailings reported an indicated resource of 99.46 million metric tons of ore with an average grade of 0.41 percent copper, 0.24 g/t gold and 2.65 g/t silver. Contained metal totals 904.53 million pounds of copper, 765,400 ounces of gold and 8.47 million ounces of silver.

The company’s most recent news came on January 10, when it reported that it had closed a US$10 million bridge financing deal with JCHX.

FAQs for Canadian mining stocks

What is the difference between the TSX and TSXV?

The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

How many companies are listed on the TSXV?

As of June 2024, there were 1,630 companies listed on the TSXV, 925 of which were mining companies. Comparatively, the TSX was home to 1,806 companies, with 188 of those being mining companies.

Together the TSX and TSXV host around 40 percent of the world’s public mining companies.

How much does it cost to list on the TSXV?

There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

How do you trade on the TSXV?

Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

Article by Dean Belder; FAQs by Lauren Kelly.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Investors have closely watched Nvidia’s week-long GPU Technology Conference (GTC) for news and updates from the dominant maker of chips that power artificial intelligence applications.

The event comes at a pivotal time for Nvidia shares. After two years of monster gains, the stock is down 15% over the past month and 22% below the January all-time high.

As part of the event, CEO Jensen Huang took questions from analysts on topics ranging from demand for its advanced Blackwell chips to the impact of Trump administration tariffs. Here’s a breakdown of how Huang responded — and what analysts homed in on — during some of the most important questions:

Huang said he “underrepresented” demand in a slide that showed 3.6 million in estimated Blackwell shipments to the top four cloud service providers this year. While Huang acknowledged speculation regarding shrinking demand, he said the amount of computation needed for AI has “exploded” and that the four biggest cloud service clients remain “fully invested.”

Morgan Stanley analyst Joseph Moore noted that Huang’s commentary on Blackwell demand in data centers was the first-ever such disclosure.

“It was clear that the reason the company made the decision to give that data was to refocus the narrative on the strength of the demand profile, as they continue to field questions related to Open AI related spending shifting from 1 of the 4 to another of the 4, or the pressure of ASICs, which come from these 4 customers,” Moore wrote to clients, referring to application-specific integrated circuits.

Piper Sandler analyst Harsh Kumar said the slide was “only scratching the surface” on demand. Beyond the four largest customers, he said others are also likely “all in line looking to get their hands on as much compute as their budgets allow.”

Another takeaway for Moore was the growth in physical AI, which refers to the use of the technology to power machines’ actions in the real world as opposed to within software.

At previous GTCs, Moore said physical AI “felt a little bit like speculative fiction.” But this year, “we are now hearing developers wrestling with tangible problems in the physical realm.”

Truist analyst William Stein, meanwhile, described physical AI as something that’s “starting to materialize.” The next wave for physical AI centers around robotics, he said, and presents a potential $50 trillion market for Nvidia.

Stein highliughted Jensen’s demonstration of Isaac GR00T N1, a customizable foundation model for humanoid robots.

Several analysts highlighted Huang’s explanation of what tariffs mean for Nvidia’s business.

“Management noted they have been preparing for such scenarios and are beginning to manufacture more onshore,” D.A. Davidson analyst Gil Luria said. “It was mentioned that Nvidia is already utilizing [Taiwan Semiconductor’s’] Arizona fab where it is manufacturing production silicon.”

Bernstein analyst Stacy Rasgon said Huang’s answer made it seem like Nvidia’s push to relocate some manufacturing to the U.S. would limit the effect of higher tariffs.

Rasgon also noted that Huang brushed off concerns of a recession hurting customer spending. Huang argued that companies would first cut spending in the areas of their business that aren’t growing, Rasgon said.

This post appeared first on NBC NEWS

Nvidia CEO Jensen Huang on Thursday walked back comments he made in January, when he cast doubt on whether useful quantum computers would hit the market in the next 15 years.

At Nvidia’s “Quantum Day” event, part of the company’s annual GTC Conference, Huang admitted that his comments came out wrong.

“This is the first event in history where a company CEO invites all of the guests to explain why he was wrong,” Huang said.

In January, Huang sent quantum computing stocks reeling when he said 15 years was “on the early side” in considering how long it would be before the technology would be useful. He said at the time that 20 years was a timeframe that “a whole bunch of us would believe.”

In his opening comments on Thursday, Huang drew comparisons between pre-revenue quantum companies and Nvidia’s early days. He said it took over 20 years for Nvidia to build out its software and hardware business.

He also expressed surprise that his comments were able to move markets, and joked he didn’t know that certain quantum computing companies were publicly traded.

“How could a quantum computer company be public?” Huang said.

The event included panels with representatives from 12 quantum companies and startups. It represents a truce of sorts between Nvidia, which makes more traditional computers, and the quantum computing industry. Several quantum execs fired back at Nvidia after Huang’s earlier comments.

A third panel included representatives from Microsoft and Amazon Web Services, which are also investing in quantum technology and are among Nvidia’s most important customers.

Nvidia has another reason to embrace quantum. As quantum computers are being built, much of the research on them is done through simulators on powerful computers, like those that Nvidia sells.

It’s also possible that a quantum computer would require a traditional computer to operate it. Nvidia is working to provide the technology and software to integrate graphics processing units (GPUs) and quantum chips.

“Of course, quantum computing has the potential and all of our hopes that it will deliver extraordinary impact,” Huang said on Thursday. “But the technology is insanely complicated.”

Nvidia said this week that it will build a research center in Boston to allow quantum companies to collaborate with researchers at Harvard and the Massachusetts Institute of Technology. The center will include several racks of the company’s Blackwell AI servers.

Quantum computing has been a dream of physicists and mathematicians since the 1980s, when California Institute of Technology professor Richard Feynman first proposed the idea behind a quantum computer.

While classical computers use bits that are either 0 or 1, the bits inside a quantum computer — qubits — end up being on or off based on probability. Experts predict that the technology will be able to solve problems with massive amounts of possible solutions, such as deciphering codes, routing deliveries or simulating chemistry or weather.

No quantum computer has yet beat a computer at solving a real, useful problem. But Google claimed late last year that it discovered a way to do error correction.

One question at the panel centered around whether quantum computing might one day threaten companies like Nvidia that make computers based on transistors.

“A long time ago, somebody asked me, ‘So what’s accelerated computing good for?’” Huang said at the panel. Accelerated computing is a phrase he uses to refer to the kind of GPU computers that Nvidia makes.

“I said, a long time ago, because I was wrong, this is going to replace computers,” he said. “This is going to be the way computing is done, and and everything, everything is going to be better. And it turned out I was wrong.”

This post appeared first on NBC NEWS

For the mayor of London, it’s clear that the rush of Americans applying for British citizenship is connected to the return of Donald Trump to the White House.

Americans applied for British citizenship in record numbers last year, according to Britain’s Home Office, with a big spike in applications logged during the final quarter — a period coinciding with Trump’s reelection.

Speaking at the MIPIM real estate conference in Cannes, France, last week, Khan recalled teasing former Canadian Prime Minister Justin Trudeau during Trump’s 2017-21 presidential term: “I wanted all the Americans who were leaving America. And he was saying, no, he wanted all the Americans leaving America.”

Now that Canada is very much in Trump’s crosshairs — the US president has repeatedly said the country should become America’s “51st state” — Khan believes London has the stronger hand: “I suspect those Americans are probably not choosing Canada and choosing London.”

More than 6,000 Americans applied for British citizenship in 2024, the most since the Home Office began tracking applications two decades ago. Around 1,700 of those applied during the last three months of the year, almost 40% more than in the same period in 2023.

There is no love lost between Trump and Khan. In a high-profile spat in 2019, Trump called Khan a “stone-cold loser” after the mayor criticized Britain’s decision to invite Trump for a formal state visit.

Khan, London’s mayor since 2016, wrote in The Observer newspaper ahead of the visit that it was “un-British to be rolling out the red carpet” for a US president who amplified the views of the far-right. And the year before, Khan gave his permission for protesters to fly a 20-foot-tall “Trump baby” balloon near Britain’s Houses of Parliament during Trump’s first presidential visit to the United Kingdom.

During a state visit, foreign leaders are welcomed to Britain by the reigning monarch and are treated to a carriage procession to Buckingham Palace and a grand banquet. Last month, Prime Minister Keir Starmer — who, like Khan, belongs to Britain’s center-left Labour Party — handed Trump an invitation from King Charles III for the second state visit.

“America is a superpower,” he said. “Just like we feel the ripples of hope and optimism from America, we can often feel the ripples of hatred and negativity.”

Still, the mayor’s approach to Trump appears softer this time around.

“I wish President Trump all the best,” he said, stressing that the two countries are “best mates.” “I hope he’s a successful president. I love America. I love American culture, American people, American politics, American businesses and so, of course, I wish him well.”

But Khan did not rule out allowing another “Trump baby” balloon to fly over London during the president’s next visit, saying he would respond to any applications from protesters “based on (their) merits.”

“Satire and humor and protest are quintessentially British — and actually American —traits,” he said. “Watch ‘Curb Your Enthusiasm.’”

This post appeared first on cnn.com

Hamas fired rockets at Israel from Gaza Thursday, the militant group’s first response to Israel’s renewed offensive in the Strip that shattered the two-month-old ceasefire.

Three projectiles were fired at central Israel, the Israeli military said. One was intercepted and two “fell into an open area,” with no casualties reported.

Hamas’ military wing, the Al-Qassam Brigades, confirmed it had launched an attack, saying it had “bombed the city of Tel Aviv deep inside the occupied territories with a barrage of M90 rockets” in retaliation for Israel’s attacks this week on Gaza that killed hundreds.

The rockets are the first to be fired from Gaza since Israel this week broke the ceasefire with Hamas that had held since January, first bombarding the Strip with airstrikes on Tuesday before launching a ground offensive a day later.

Israel also came under fire overnight from Yemen’s Houthi rebels. The Iran-back militia said it fired a ballistic missile at Israel in response to Israel’s renewed war in Gaza – the second it has fired since the ceasefire collapsed. Israel’s military said it intercepted the missile.

Israel blames the new fighting on Hamas for refusing to accept revised ceasefire terms. Hamas, in turn, has accused Prime Minister Benjamin Netanyahu of unilaterally upending the truce and putting hostages “at risk of an unknown fate.”

Netanyahu faced fury from protesters in Jerusalem on Wednesday as thousands gathered outside Israel’s parliament, the Knesset, to oppose the renewed fighting.

Protesters have accused Netanyahu of restarting the war in order to solidify his governing coalition, which has long threatened to collapse due to divisions over the war in Gaza.

Swiftly after Tuesday’s airstrikes, which Gaza’s health ministry said killed more than 400 people, far-right minister Itamar Ben-Gvir said he would be returning to Netanyahu’s coalition. He had quit the government in January as Israel agreed to a ceasefire in Hamas.

At a National Security Ministry meeting on Thursday, Ben-Gvir said he was “happy to return after two months of respite.”

Ben-Gvir’s return to government will come as a boon to Netanyahu, who has to pass Israel’s next budget before a March 31 deadline or face fresh elections.

Israel continued to pound Gaza overnight – killing at least 59 people, according to Palestinian officials – after it announced “targeted ground activities” earlier Wednesday.

The military said it had retaken the Netzarim Corridor, a strip of land that splits Gaza in half, dividing the central Gaza City and northern areas from the southern parts of the Strip that borders Egypt.

This is a developing story and will be updated.

This post appeared first on cnn.com

Sudan’s army is close to taking control of the Presidential Palace in Khartoum from the paramilitary Rapid Support Forces, state TV reported on Thursday, in a significant milestone in a two-year-old conflict that threatens to fracture the country.

The RSF quickly took the palace and most of the capital at the outbreak of war in April 2023, but the Sudanese Armed Forces have in recent months staged a comeback and inched towards the palace along the River Nile.

The RSF, which earlier this year began establishing a parallel government, maintains control of parts of Khartoum and neighboring Omdurman, as well as western Sudan, where it is fighting to take control of the army’s last stronghold in Darfur, al-Fashir.

The taking of the capital could hasten the army’s full takeover of central Sudan, and harden the east-west territorial division of the country between the two forces.

Both sides have vowed to continue fighting for the remainder of the country, and no efforts at peace talks have materialized.

The war erupted amid a power struggle between Sudan’s army and the RSF ahead of a planned transition to civilian rule.

World’s largest humanitarian crisis

The conflict has led to what the UN calls the world’s largest humanitarian crisis, causing famine in several locations and disease across the country. Both sides have been accused of war crimes, while the RSF has also been charged with genocide. Both forces deny the charges.

The fight for the Presidential Palace has raged over the past several weeks, with the RSF fighting fiercely to maintain control, including via snipers placed around surrounding downtown buildings. Its leader, Mohamed Hamdan Dagalo, instructed troops earlier this week not to give up the palace.

Late on Wednesday into Thursday morning, explosions could be heard from airstrikes and drone attacks by the army targeting central Khartoum, witnesses and military sources told Reuters. The army has long maintained the advantage of air power over the RSF, though the paramilitary group has shown evidence of increased drone capabilities recently.

On the Telegram messenger app, the RSF said its forces were making advances towards the Army General Command, also in central Khartoum, and eyewitnesses said the force was attacking from southern Khartoum.

The army’s advance in central Sudan since late last year has been welcomed by many people, who had been displaced by the RSF, which has been accused of widespread looting and arbitrary killings, and of occupying homes and neighborhoods.

The RSF denies the charges and says individual perpetrators will be brought to justice.

Hundreds of thousands of people have returned to their homes in Central Sudan, though late on Wednesday activists in Omdurman warned that some soldiers have engaged in robbery. The military has routinely denied such allegations.

This post appeared first on cnn.com

A French researcher was denied entry to the United States after US authorities found messages about President Donald Trump on his phone, a French government official said on Thursday.

France’s minister of higher education and research Philippe Baptiste said that the researcher was traveling to a conference near Houston earlier this month when US authorities found that his phone “contained exchanges with colleagues and friends in which he expressed a personal opinion on the Trump administration’s research policies.”

The researcher was then denied entry to the US and expelled from the country, Baptiste said.

The French ministry of higher education and research said that he worked in the field of space research, and that the incident took place on March 9.

“Freedom of opinion, free research, and academic freedom are values that we will continue to proudly uphold,” Baptiste said in a statement.

“I will defend the right of all French researchers to adhere to these values, while respecting the law, regardless of the country in which they find themselves,” he added.

“If an individual has material discovered on their electronic media that raises flags during an inspection, it can result in further analysis. Claims that such decisions are politically motivated are completely unfounded,” Hilton Beckham, CBP Assistant Commissioner of Public Affairs, said in a statement.

This is a developing story and will be updated.

This post appeared first on cnn.com

The government of Israel’s Prime Minister Benjamin Netanyahu has voted to dismiss Ronen Bar, the chief of Israel’s Shin Bet internal security service.

The vote in the early hours of Friday local time could still be subject to appeals by Israel’s Supreme Court.

“The government has now unanimously approved Prime Minister Benjamin Netanyahu’s proposal to terminate the term of Shin Bet head Ronen Bar,” the Prime Minister’s Office said in a statement Friday.

“Ronen Bar will end his role as Shin Bet head on April 10, 2025, or when a permanent Shin Bet head is appointed – whichever comes first,” it added.

It came after Netanyahu met with Bar last week and informed him that he would propose his removal.

In a video statement released on Sunday, Netanyahu said his “ongoing distrust” of Bar had led to the move. “At all times, but especially in such an existential war, the prime minister must have full confidence in the head of the Shin Bet,” Netanyahu said.

Netanyahu added that removing Bar would be necessary for achieving Israel’s war goals in Gaza and “preventing the next disaster.” The prime minister has frequently criticized the agency, placing blame on its leaders for the security lapses that led to the Hamas October 7, 2023, attacks that killed more than 1,200 people.

Shin Bet, which is in charge of monitoring domestic threats to Israel, conducted an internal investigation that determined that the agency had “failed in its mission” to prevent the attacks. But it also blamed policies enacted by Netanyahu’s government as contributing factors, such as politicians’ visits to the Al Aqsa compound in Jerusalem, “the treatment of prisoners, and the perception that Israeli society has been weakened due to the damage to social cohesion.”

Shin Bet is reported to have recently opened an investigation into allegations that members of Netanyahu’s office inappropriately lobbied on behalf of Qatar – something his office denies.

On Wednesday, the office of Attorney General Gali Baharav-Miara sent a letter to Netanyahu saying that the government could not fire Bar without the approval of a special committee.

Netanyahu responded with a letter on Thursday, saying Baharav-Miara was “exceeding her authority” and “giving legal opinions and instructions to the government in violation of Supreme Court rulings.”

Bar released a statement just hours before his dismissal saying the vote by Netanyahu’s cabinet “was hastily convened, contrary to every basic legal rule dealing with the right to be heard and contrary to the position of the legal adviser to the government.”

Netanyahu has previously removed both Bar and the head of the Mossad intelligence service, David Barnea, from the negotiating team engaging in indirect talks with Hamas regarding the Gaza ceasefire and hostage deal.

Opposition politicians have criticized Netanyahu’s targeting of Bar, claiming it is politically motivated.

“The dismissal of the head of the service at this time, at the initiative of the prime minister, sends a message to all those involved, a message that may jeopardize the optimal outcome of the investigation. This is a direct danger to the security of the state of Israel,” Bar said in his statement Thursday.

This post appeared first on cnn.com