The last week was particularly rich in significant events in the technology sector, highlighting important developments on the part of NVIDIA, changes in the cryptocurrency market, and a new legal challenge for Apple. Below is a detailed summary of the most important events, edited by the Investing News Network
.
Table of Contents:
Nasdaq and the New Historical Record
The Nasdaq Composite marked an important milestone, reaching a new all-time high last week.
This result was obtained following the decision of the United States Federal Reserve to keep interest rates unchanged, accompanied by the confirmation of three possible cuts during the year
.
Cryptocurrency trend
The week saw a slight slowdown in the cryptocurrency market, with Bitcoin and Ethereum registering a decrease in their values. In particular, Bitcoin fell to 63.117 US dollars, while Ethereum saw its value drop to
3,297 US dollars.
NVIDIA Innovations at the GPU Technology Conference
Introducing New Products
NVIDIA made its mark at the GPU Technology Conference event, introducing a series of new technologies. Among these, the latest generation of AI chips and an ambitious project for the creation of humanoid robots stand
out.
Project GR00T: NVIDIA’s Ambition
In detail, NVIDIA has unveiled the GR00T project, announcing the creation of a basic model for humanoid robots. These will be developed exploiting the potential of a new computer called Jetson Thor, outlining a future in which humanoid robotics could assume an increasingly central role
in our society.
Apple Struggling with a Legal Battle
The tech giant Apple is facing a new legal challenge. The United States Department of Justice has in fact initiated an antitrust lawsuit against the company, accusing it of adopting anti-competitive practices to preserve its dominant position in the smartphone market
.
This week has once again demonstrated how the world of technology is in constant motion, with developments that can significantly influence both financial markets and people’s daily lives. From Nasdaq setting new records, to fluctuations in the cryptocurrency industry, to NVIDIA’s innovations and Apple’s legal challenges, it’s clear that the technology landscape remains a fertile field for new discoveries and
important legal battles.
