Nvidia and Foxconn have announced a partnership to build “AI factories” that will use Nvidia chips for a range of applications, including training autonomous vehicles, robotics, and large language models. This partnership comes as the U.S. imposes further export restrictions on advanced chips to China, affecting Nvidia. Nvidia’s stock market value has soared to over $1 trillion, making it the fifth publicly traded U.S. company to reach this milestone. Foxconn is looking to diversify its business and focus on electric vehicles as a driver of future growth. The two companies had previously partnered to develop autonomous vehicle platforms.
WeWork: reports say firm is filing for bankruptcy
WeWork, once seen as the future of the office, is reportedly considering filing for bankruptcy in New Jersey. The company...