-
Kenya's economy faces climate change risks: World Bank
-
Crypto firm accidentally sends $40 bn in bitcoin to users
-
Dow surges above 50,000 for first time as US stocks regain mojo
-
Danone expands recall of infant formula batches in Europe
-
EU nations back chemical recycling for plastic bottles
-
Why bitcoin is losing its luster after stratospheric rise
-
Stocks rebound though tech stocks still suffer
-
Digital euro delay could leave Europe vulnerable, ECB warns
-
German exports to US plunge as tariffs exact heavy cost
-
Stellantis takes massive hit for 'overestimation' of EV shift
-
'Mona's Eyes': how an obscure French art historian swept the globe
-
In Dakar fishing village, surfing entices girls back to school
-
Russian pensioners turn to soup kitchen as war economy stutters
-
As Estonia schools phase out Russian, many families struggle
-
Toyota names new CEO, hikes profit forecasts
-
Bangladesh Islamist leader seeks power in post-uprising vote
-
Japan to restart world's biggest nuclear plant
-
UK royal finances in spotlight after Andrew's downfall
-
Undercover probe finds Australian pubs short-pouring beer
-
New Zealand deputy PM defends claims colonisation good for Maori
-
Amazon shares plunge as AI costs climb
-
Deadly storm sparks floods in Spain, raises calls to postpone Portugal vote
-
Carney scraps Canada EV sales mandate, affirms auto sector's future is electric
-
Lower pollution during Covid boosted methane: study
-
Carney scraps Canada EV sales mandate
-
Record January window for transfers despite drop in spending
-
Mining giant Rio Tinto abandons Glencore merger bid
-
Davos forum opens probe into CEO Brende's Epstein links
-
ECB warns of stronger euro impact, holds rates
-
Greece aims to cut queues at ancient sites with new portal
-
ECB holds interest rates as strong euro causes jitters
-
What does Iran want from talks with the US?
-
Wind turbine maker Vestas sees record revenue in 2025
-
Bitcoin under $70,000 for first time since Trump's election
-
Germany claws back 59 mn euros from Amazon over price controls
-
Germany claws back 70 mn euros from Amazon over price controls
-
Stock markets drop amid tech concerns before rate calls
-
BBVA posts record profit after failed Sabadell takeover
-
UN human rights agency in 'survival mode': chief
-
Greenpeace slams fossel fuel sponsors for Winter Olympics
-
Russia says thwarted smuggling of giant meteorite to UK
-
Heathrow still Europe's busiest airport, but Istanbul gaining fast
-
Shell profits climb despite falling oil prices
-
German factory orders rise at fastest rate in 2 years in December
-
Trump fuels EU push to cut cord with US tech
-
Top US news anchor pleads with kidnappers for mom's life
-
The coming end of ISS, symbol of an era of global cooperation
-
New crew set to launch for ISS after medical evacuation
-
Stocks in retreat as traders reconsider tech investment
-
Fiji football legend returns home to captain first pro club
Nvidia marks Paris tech fair with Europe AI push
Drawing high-powered tech CEOs and a presidential visit, the Vivatech trade fair opened in Paris on Wednesday with a bang as Nvidia boss Jensen Huang announced a major push into Europe.
"In just two years we will increase the amount of AI computing capacity in Europe by a factor of 10," Huang told a packed hall in a southern Paris convention centre, striding around the stage wearing his trademark leather jacket.
He also announced a multi-billion-dollar partnership with French AI champion Mistral AI.
People from around the globe thronged out of packed metro trains into the halls, crammed with stands in blaring colours showing off the latest innovations from startups, tech giants and more traditional firms.
Vivatech regular President Emmanuel Macron was expected later Wednesday, with a walking tour and chats with French tech startups on the agenda.
Around 14,000 startups and more than 3,000 investors were expected in Paris, while organisers forecast total visitor numbers to at least equal last year's 165,000 people.
- Nvidia headlining -
Nvidia's Huang took top billing with an opening presentation of almost two hours that drew bouts of rapturous applause from attendees.
The US firm's tie-up with Mistral will see the companies build a cloud computing platform powered by 18,000 of Nvidia's "Blackwell" high-end chips.
Basing hardware in Europe would offer firms the "strategic autonomy they need", Mistral chief Arthur Mensch told AFP, adding that the project would "strengthen European technological leadership".
Nvidia will also intensify work with existing partners like Germany's Siemens and France's Schneider Electric, Huang said.
And it will help build multiple data centres in seven European countries.
Europe is well behind competitors like the United States and China in building up the computing power needed to power generative artificial intelligence.
The continent hosts "less than five percent of global computing power, whereas we consume 20 percent," French President Emmanuel Macron's office said in a press briefing ahead of the leader's visit to Vivatech.
French digital affairs minister Clara Chappaz said France would "continue to do all we can to make the country the best place in the world to start and develop businesses and build the technology we need".
But she acknowledged that AI in particular "has never been as political as it is today".
- Trade war -
Nvidia has seen export restrictions slapped on its top-performing chips by Washington, with American politicians leery of ceding their country's lead in generative AI.
Remaining high-tech controls on China are at issue in high-stakes trade talks with Beijing.
Huang has warned that the US' superpower rival is nevertheless making swift strides to catch up.
There was little sign of impact from export restrictions on Nvidia's chip sales in its May earnings release.
But the company has warned the braking effect may be larger in the current quarter.
US politics also preoccupies many European tech leaders and policymakers.
Concerns range from Trump's mercurial tariff policy to the continent's ability to stand on its own without US tech giants -- and the massive gap in funding for AI development between the two sides of the Atlantic.
"Sovereignty, which wasn't as important in the conversation just a year or two years ago, has become an absolutely strategic priority," Vivatech managing director Francois Bitouzet told AFP.
Macron is expected to again emphasise "European technological sovereignty" on Wednesday, the Elysee said.
Such remarks from the president would build on his hyping of French and European openness to AI at a Paris global summit in February.
Mistral co-founder Mensch is set to discuss AI with Macron and Huang at a roundtable at the end of the first day of the event, with the three later dining together behind closed doors at the president's Elysee Palace residence.
C.Smith--CPN