3 minutes
Scottish investment trusts are among investors caught up in Nvidia’s stock price collapse in the wake of the Jensen Huang scandal. FTSE 100 listed Scottish Mortgage Investment Trust and Baillie Gifford US Growth Trust have significant holdings in the chipmaker which has also been a huge suppor
2 minutes
The FTSE 100 rose 0.48% this morning as hopes of a de-escalation in the Middle East helped offset renewed pressure on technology stocks following fresh concerns surrounding Nvidia. US President Donald Trump said it was “highly unlikely” that he would launch new strikes on Iran, lifting h
3 minutes
Scottish Building Society has become the first UK lender to go live on a new artificial intelligence platform that lets it run generative AI without customer data leaving its own environment, according to the financial technology provider SBS. The society, a long-standing SBS client, runs the SBS AI
1 minute
Fuelled by the AI boom, Nvidia is experiencing a staggering estimated profit of 1,000% on the sale of each H100 GPU, with a street-price between $25,000 and $30,000 (around £19,600 to £23,500).
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