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Nvidia is world's first $5tn-firm: Shares surge 5%; AI deals drive record valuation

Nvidia has become the world’s first $5 trillion company, driven by immense demand for its AI chips. This valuation surpasses the combined GDP of Japan, the UK, and India, underscoring investor confidence in its AI infrastructure leadership. However, regulators warn of potential market overheating amidst rapid capital flows into the AI sector. Source link

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Russia ignores Trump: Kremlin tests another n-powered weapon – what is Poseidon?

President Putin announced Russia’s successful test of the nuclear-powered ‘Poseidon’ underwater drone, claiming it’s uninterceptable and surpasses the ‘Sarmat’ missile. This follows a recent test of the ‘Burevestnik’ missile, occurring amidst Western pressure over Ukraine and Donald Trump’s call for Russia to end the conflict. Source link

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'Pagla Shahbaz': Kolkata man in lockup strips, dances; held for arms smuggling

A 24-year-old man arrested in an arms smuggling case caused chaos at a south Kolkata police station by stripping and engaging in obscene singing and dancing. Mohammad Shahbaz, known locally as ‘Pagla Shahbaz’, also allegedly threatened officers when they attempted to restrain him. Police have filed a complaint and launched an internal inquiry into the […]

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Nvidia CEO complaints: China shuts us out of ecosystem; urges US to ease restrictions

Nvidia CEO Jensen Huang urged the Trump administration to reconsider AI export restrictions, warning that China’s exclusion of Nvidia from its developer ecosystem hinders U.S. competitiveness. Despite China’s blockade, Nvidia secured significant U.S. Department of Energy contracts, with Huang crediting Trump’s “America First” policies for revitalizing U.S. manufacturing. Source link