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Jensen Huang is now worth more than Intel

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In today's Techpresso:

💰 Jensen Huang is now worth more than Intel

🤖 Fewer websites are blocking OpenAI’s web crawler

📱 Apple to launch M4-powered Macs and iPad mini

🚧 Fisker's HQ found in disarray with hazardous waste

🎁 + 7 other news you might like

🔮 + 3 handpicked research papers and tools

💰 Jensen Huang is now worth more than IntelLINK

  • Jensen Huang, CEO of Nvidia, has a net worth of $109.2 billion, surpassing Intel's current market value of $96.39 billion, which saw a significant drop following revelations about its financial issues in August.
  • Nvidia's growth, driven by an AI boom and its dominance as a GPU accelerator manufacturer, helped its market cap soar, placing it among the top valued companies worldwide, though its stock has corrected by 10% since its peak.
  • Huang's significant stake in Nvidia, with holdings valued over $100 billion, and his strategic share sales have propelled him to the 11th position on Forbes' real-time billionaires list, close to entering the top 10.
  • 🤖 Fewer websites are blocking OpenAI’s web crawlerLINK

  • OpenAI's web crawlers are facing fewer blocks from major news websites compared to earlier, despite a widespread data-protection rush where publishers attempted to prevent their content from becoming AI training data without consent.
  • The trend of blocking OpenAI's GPTBot saw a decline after the company made a series of licensing agreements with publishers, leading some outlets to revise their robots.txt files and permit GPTBot access.
  • Despite robots.txt not being legally binding, it remains a widely observed standard for web crawler behavior, and OpenAI recognizes the importance of not being blocked to safeguard its future goals and ambitions.
  • 📱 Apple to launch M4-powered Macs and iPad miniLINK

  • This month, Apple is predicted to announce new M4-powered devices, including updated versions of the MacBook Pro, iMac, and Mac mini, before potentially releasing some of them on November 1.
  • The new Mac mini is anticipated to undergo a significant redesign, featuring M4 and M4 Pro chip configurations, a size similar to an Apple TV but slightly taller, and multiple USB-C ports, while retaining an HDMI port and Ethernet connector.
  • Apple may reveal the iPad mini 7 at the end of October, possibly featuring the M2 chip, continuing the trend seen in the recent 11- and 13-inch iPad Air models, though the specific processor has not been confirmed.
  • 🚧 Fisker's HQ found in disarray with hazardous wasteLINK

  • Fisker's former headquarters in La Palma, California, was abandoned in "complete disarray," with items like full-size clay models, vehicles, and apparent hazardous waste materials left behind, leading to a significant cleanup challenge for the landlord.
  • The landlord, Shamrock (La Palma) Properties II, LLC, objects to Fisker's attempt to abandon the lease due to the chaotic state of the premises, facing substantial costs for removal of debris and possible hazardous waste left by the company.
  • Fisker's liquidation plan, amidst these complications, is awaiting confirmation following their bankruptcy filing, while an investigation by the U.S. Securities and Exchange Commission has commenced, further complicating the situation for the bankrupt company.
  • Other news you might like

    Musk's X paid $5 million in fines to the wrong bank, Brazil's Supreme Court said.LINK

    Tesla's Cybertrucks are still being insured by Geico, despite claims.LINK

    Assassin’s Creed publisher Ubisoft reviews ‘strategic options’ amid Tencent buyout report.LINK

    AWS CEO Matt Garman on generative AI, open source, and closing services.LINK

    Apple M1 iMac users report permanent display problem emerging after warranty ends.LINK

    World's first USB4 2.0 cables promise 80Gbps speeds.LINK

    Chinese hackers allegedly hit US wiretap systems to hit broadband networks.LINK

    Latest research and tools

    Instant HTML Preview Bookmarklet: a Chrome bookmarklet that instantly renders a full HTML page, including CSS and JavaScript from your clipboard, also compatible with SVG code, beneficial for use with ChatGPT Canvas.LINK

    QuickPiperAudiobook: converts any text content into a natural-sounding audiobook offline with a single command, offering privacy and ease of use without needing an internet connection.LINK

    Sorbet: a neuromorphic hardware-compatible transformer-based spiking model introduces a design that bridges the gap between advanced machine learning models and energy-efficient neuromorphic computing.LINK


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