Nvidia’s GTC 2024: Bold AI Promises Fail To Impress Investors

by THEFUTURE.TEAM

March 19, 2025

Nvidia’s annual GTC conference, a key event for AI, robotics, and autonomous systems, wrapped up with CEO Jensen Huang laying out an ambitious vision for the future. However, despite unveiling next-gen chips and high-profile partnerships, Nvidia’s stock took a hit—falling over 3% as investors remained unimpressed.

Key Announcements From GTC

Next-Gen AI Chips: Nvidia introduced the Blackwell Ultra GPU, set to launch in late 2024, boasting more memory to support larger AI models. The Vera Rubin architecture, launching in 2026, will significantly improve chip-to-chip data transfer, a critical factor for large-scale AI applications. Vera Rubin Ultra is planned for 2027, followed by Feynman Architecture in 2028.
AI-Powered Robotics: Huang highlighted a $50 trillion opportunity in industrial AI and robotics, with Nvidia’s GR00T N1, a foundation model for humanoid robots featuring advanced reasoning capabilities. The framework includes Newton, an open-source physics engine developed with Google DeepMind and Disney Research.
Silicon Photonics for AI Factories: Nvidia’s Quantum-X Photonics chips, launching later this year, will connect millions of GPUs across multiple locations while significantly cutting power consumption. Spectrum-X chips will follow in 2026.
Enterprise AI and Desktop LLMs: Nvidia unveiled DGX desktop AI computers, powered by Blackwell Ultra, enabling developers to run large language models on workstations. Manufacturers include Dell, Lenovo, and HP.
GM Partnership for AI-Driven Cars: Nvidia will collaborate with General Motors to integrate AI into next-generation cars, robots, and factories. GM will use Nvidia’s Omniverse 3D platform to simulate assembly lines and deploy Nvidia’s AI technology in its autonomous driving systems.

Market Reaction

Despite these advancements, investors weren’t convinced. Nvidia’s stock dropped over 3%, reflecting broader concerns after a volatile month that erased billions from its market cap. While Nvidia’s roadmap is ambitious, the market appears to be weighing execution risks and AI sector competition.

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The Future Forbes Realty Global Properties

Tourism Recovery And Expansion: Larnaca Poised For New Growth

by THEFUTURE.TEAM

January 6, 2026

Strong Momentum Ahead Under Cyprus EU Presidency

Larnaca celebrated its most successful tourism season in recent years and is gearing up to build on that success in the coming year. With the added advantage of Cyprus holding the EU Council Presidency during the first half of the year, industry leaders are confident that the city’s tourism performance will soar even higher.

Robust International Inflows and Market Shifts

Marios Polyviou, Chairman of PASYXE Larnaca, highlighted notable increases in visitor arrivals from Israel, Poland, and Germany, while growth from the United Kingdom remained more modest. “Early indicators for this year are positive, with progressive booking trends that suggest 2026 will also mark another successful tourism season,” Polyviou noted. His remarks underscore strong optimism within the local industry, laying the groundwork for a continued upward trajectory in visitor numbers.

Impressive December Performance and Strategic Outreach

Following the trend of recent years, December saw hotel occupancy rates climb to approximately 70%, a significant performance boost over 2024. The sustained uptick in demand was evident in the days leading up to the New Year, with both international and local tourists—particularly Cypriot visitors drawn by attractive hotel offers—bolstering occupancy figures. Leading markets include not only Germany and Israel but also the Scandinavian countries and the United Kingdom.

International Promotions and Forthcoming Exhibitions

Local tourism authorities are currently focused on the international stage, preparing for participation in major tourism exhibitions. PASYXE and ETAP Larnaca will showcase Larnaca’s offerings at the upcoming Berlin exhibition, one of the largest alongside London’s event. This campaign will be further amplified through targeted social media outreach, reinforcing the city’s reputation as a top tourism destination.

Ambitious Hotel Developments Fueling Future Growth

Looking ahead to 2026, two significant hotel projects are set to transform Larnaca’s hospitality landscape. One is a boutique hotel in the heart of the city’s Agios Lazarou district, and the other is the luxurious Palm Beach development, valued at €100 million and scheduled for completion by October 2026. This mixed-use project will encompass a five-star hotel with 164 rooms, upscale ground-floor residences, a tower of apartments, diverse dining and entertainment facilities, a wellness center, modern conference spaces, and underground parking. The portfolio also includes the Waterfront Residence—a four-story building with 20 apartments—as well as the Seabreeze Tower, a ten-floor residential building behind the hotel, and The Beach House Residences featuring luxury villas.

Expanding Hospitality Offerings

According to data from the Larnaca Regional Administration Authority processed by ETAP Larnaca, an additional 27 tourism units, predominantly through the conversion of existing buildings, are expected in the coming years. When combined with the two new hotel projects, these developments will contribute nearly 900 additional beds to the region’s portfolio, reinforcing Larnaca’s position as a burgeoning tourism hotspot.

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