Jensen Huang, CEO of Nvidia talks about quantum computing on stage at Nvidia GTC Paris on Wednesday 11 June, 2025.Arjun Kharpal | CNBCNvidia CEO Jensen Huang is growing more bullish about quantum computing — and he expects they’ll start solving real-world problems in the coming years.”Quantum computing is reaching an inflection point,” Jensen declared during his keynote speech at Nvidia’s GTC Paris developer conference Wednesday.Quantum computers are machines that use the laws of quantum mechanics to solve problems too complex for classical computers, which store information in bits (ones and zeroes).Quantum computers use quantum bits, or “qubits,” which can be…
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Hong Kong’s national security police have a new target in their sights: gamers.In a stern warning issued Tuesday, they effectively banned a Taiwanese video game they described as “advocating armed revolution,” saying anyone who downloaded or recommended it would face serious legal charges. The move comes as the authorities continue to tighten control over online content they consider a threat to the Chinese city.“Reversed Front: Bonfire” is an online game of war strategy released by a Taiwanese group. Illustrated in a colorful manga style, players can choose the roles of “propagandists, patrons, spies or guerrillas” from Taiwan, Mongolia and the…
Job seekers at a job fair hosted by the Metropolitan Washington Airports Authority to support federal workers looking for new career opportunities, at Ronald Reagan Washington National Airport in Arlington, Virginia, on April 25, 2025.Ting Shen/Bloomberg via Getty ImagesWhile the unemployment rate in the U.S. is still fairly low, data shows it’s not uncommon to see individuals job hunting for extended periods of time.The unemployment rate remained flat at 4.2% in May, the Bureau of Labor Statistics reported Friday.However, over the past six months, it’s become “drastically harder to find a job,” whether you’re entering the job market for the…
Traders work on the floor of the New York Stock Exchange on June 10, 2025. NYSE The U.S. stock market appears a little too optimistic. All three major indexes climbed Wednesday, with the S&P 500 and Nasdaq Composite enjoying their third consecutive session in the green. The S&P, in fact, is around 2% away from its all-time high, which it reached in February.That’s despite the shadow of U.S. President Donald Trump’s “reciprocal” tariffs still haunting the economy. As the 90-day tariff pause ticks down, America, so far, has just one deal, struck with the U.K., and an agreement with China…
Andrea Orcel, chief executive officer of Unicredit, in London, UK, on Thursday, Nov. 23, 2023. Bloomberg | Bloomberg | Getty ImagesUniCredit CEO Andrea Orcel on Wednesday told CNBC that the share price of potential takeover target Commerzbank is currently too prohibitively expensive for a merger deal.UniCredit has built a surprise stake in Commerzbank of 28% since September through derivatives and has the European Central Bank’s authorization to hold up to 29.9% in the lender.When asked by CNBC’s Annette Weisbach whether the Italian bank would proceed with an acquisition offer at premium to Commerzbank’s current share value, Orcel said, “At this [share]…
Germany, Lower Saxony, Grohnde, Grohnde Nuclear Power Plant.Westend61German start-up Proxima Fusion on Wednesday announced it had raised 130 million euros ($148 million) in a record funding round, with investors hopeful the company can soon develop the world’s first commercial nuclear fusion power plant.The Series A financing round, which was co-led by investors Cherry Ventures and Balderton Capital, represents the largest private fusion investment round in Europe to date.The buzz around nuclear fusion has kicked into overdrive in recent years. Advocates say the technology, which is the process that powers the sun and stars, can play a pivotal role in the…
Even though school is out for at least a week, students kept coming on Wednesday morning, the day after a deadly school shooting in Austria stunned the country.Instead of going into the modern buildings of their high school, they walked across the street to a protected gathering spot, well cordoned off from mourners, well-wishers and reporters.“What’s really important now is to talk, to be silent together, to listen,” said Paul Nitsche, 51, an evangelical pastor who teaches religion at the school and who was standing on the street in front of the mourning area.On Tuesday, a former student killed or…
“Rapid skills change and knowledge turnover may mean formal degrees are more rapidly out of date,” according to PwC’s 2025 Global AI Jobs Barometer report.Nd3000 | Istock | Getty ImagesEmployer demand for formal degrees is declining for all jobs, but more quickly for jobs exposed to artificial intelligence, according to the 2025 AI Jobs Barometer report by professional services firm PwC published last week.”AI helps people rapidly build and command expert knowledge … which could make formal qualifications less relevant,” according to the report which analyzed close to a billion job ads and thousands of company financial reports across six continents.The technology…
“I regret some of my posts about President @realDonaldTrump last week. They went too far,” Elon Musk said on the X social media platform.Alex Wroblewski | Afp | Getty ImagesTech billionaire Elon Musk on Wednesday said he regretted some of the social media posts he made about U.S. President Donald Trump last week during an explosive public dispute with his former close ally.The feud dissolved a tight partnership that had propelled Musk to spearhead the budget-slashing Department of Government Efficiency under Trump’s second administration, fueling market concerns over the outlook for the tech tycoon’s Tesla and SpaceX businesses.”I regret some…
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