Breaking news

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.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

The Future Forbes Realty Global Properties

Foreign Firms Contribute €3.5 Billion To Cyprus Economy In 2023

by THEFUTURE.TEAM

November 12, 2025

Recent Eurostat data reveals that Cyprus remains an outlier within the European Union, where foreign-controlled companies contribute minimally to the nation’s employment figures and economic output. While these enterprises have a substantial impact in other member states, in Cyprus they account for only 10 percent of all jobs, a figure comparable only to Italy and marginally higher than Greece’s 8 percent.

Employment Impact

The report highlights that foreign-controlled companies in Cyprus employ 32,119 individuals out of a total workforce that, across the EU, reaches 24,145,727. In contrast, countries such as Luxembourg boast a 45 percent job share in foreign-controlled firms, with Slovakia and the Czech Republic following closely at 28 percent.

Economic Output Analysis

In terms of economic contribution, these enterprises generated a total value added of €3.5 billion in Cyprus, a small fraction compared to the overall EU total of €2.39 trillion. Notably, Ireland leads with 71 percent of its value added stemming from foreign-controlled firms, followed by Luxembourg at 61 percent and Slovakia at 50 percent. On the lower end, France, Italy, Greece, and Germany exhibit values below 20 percent.

Domestic Versus Foreign Ownership

The data underscores Cyprus’s heavy reliance on domestically controlled enterprises for both employment and economic output. However, it is important to note that certain businesses might be owned by foreign nationals who have established companies under Cypriot jurisdiction. As a result, these firms are classified as domestically controlled despite having foreign ownership or management components.

Conclusion

This analysis emphasizes the unique role that foreign-controlled enterprises play within the Cypriot economy. While their overall impact is limited compared to some EU counterparts, the presence of these companies continues to contribute significantly to the island’s economic landscape.