Fed Officials Say Rate Cuts Could Be Considered If Inflation Does Not Spiral
According to ChainCatcher, citing Jinshi News, Federal Reserve official Goolsbee stated that if there are signs in September or later in the fall indicating that the economy is not caught in an inflationary spiral, the Federal Reserve could consider cutting interest rates.
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Jensen Huang: We will stop supplying chips to customers developing unsafe AI software; AI infrastructure shortage will persist for several years
Nvidia CEO Jensen Huang stated that if a customer develops unsafe AI software, Nvidia will stop supplying chips to that client. However, there are limits to how the company judges how others use Nvidia’s technology, and communication would take place before any supply is cut off. Huang also remarked that concerns about AI security risks in the market are greater than the actual situation. Regarding AI infrastructure demand, he noted that the supply-demand imbalance will persist for several years, saying, “It will eventually reach a balance, but that isn’t the case today.”
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