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Nvidia sells $11 billion of next-gen Blackwell AI chips in ‘fastest product ramp in our company’s history’

Nvidia (NVDA) said Wednesday that its latest Blackwell AI chips have reached full-scale production, generating $11 billion in revenue during its fourth quarter. “We delivered $11.0 billion of Blackwell architecture revenue in the fourth quarter of fiscal 2025, the fastest product ramp in our company’s history,” said Nvidia CFO Colette Kress in comments released with […]

Business & Finance

UK businesses cut jobs at fastest pace since 2009 bar the pandemic, survey finds

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK businesses are cutting jobs at the fastest pace since the financial crisis, excluding the pandemic, as rising costs reignited stagflation fears in the British economy, according to a closely watched survey. The S&P Global […]

Business & Finance

India may have fastest growing e-commerce sector

Investors may want to consider adding exposure to the world’s second-largest emerging market. According to EMQQ Global founder Kevin Carter, India’s technology sector is extremely attractive right now. “It’s the tip of the spear of growth [in e-commerce] … not just in emerging markets, but on the planet,” Carter told CNBC’s “ETF Edge” this week. His […]

Business & Finance

Growth in complex debt hits fastest pace since 2007

This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to get the newsletter delivered every weekday morning. Explore all of our newsletters here Today’s agenda: EU farm subsidy reform; Syrian asylum claims put on hold; FT Business Book of the Year; Christie’s dinosaur […]

Politics

Solar power is the fastest growing energy source. Our climate change projections need to catch up.

When the satellites zoomed in, you could see the panels gleaming from space. Pairing images taken miles above the Earth with Chinese customs records, BloombergNEF solar analyst Jenny Chase and her team discovered this year that the rooftops of homes and factories across Pakistan are blanketed with solar panels. Catching their own government by surprisePakistanis […]

Science

Google’s Sycamore quantum computer chip can now outperform the fastest supercomputers, new study suggests

Quantum computers can outpace our fastest classical computers in very specific areas, a groundbreaking experiment suggests. Google Quantum AI researchers have discovered a “stable computationally complex phase” that can be achieved with existing quantum processing units (QPUs), also known as quantum processors. This means that when quantum computers enter this specific “weak noise phase,” they […]