OpenAI has claimed a further advance in AI reasoning after its technology successfully tackled an 80-year-old maths problem. The company behind ChatGPT said it had made a breakthrough with a challenge first posed by Hungarian mathematician Paul Erdős in 1946: the planar unit distance problem. The question posed by Erdős is simple to explain. If you take a sheet of paper and add some dots, how many...
OpenAI has claimed a further advance in AI reasoning after its technology successfully tackled an 80-year-old maths problem. The company behind ChatGPT said it had made a breakthrough with a challenge first posed by Hungarian mathematician Paul Erdős in 1946: the planar unit distance problem. The question posed by Erdős is simple to explain. If you take a sheet of paper and add some dots, how many pairs can be the same distance apart? Erdős proposed the number would rise only slightly faster than the number of dots themselves. OpenAI’s model concluded otherwise by drawing on different branches of mathematics to uncover a family of arrangements that break the limit in Erdős’s conjecture. “For nearly 80 years, mathematicians believed the best possible solutions looked roughly like square grids,” OpenAI wrote on X. “An OpenAI model has now disproved that belief, discovering an entirely new family of constructions that performs better.” While the work has excited mathematicians, the broader problem remains unsolved because the AI did not come up with a new answer for how fast the pairs of dots rise, but merely showed that the limit Erdős proposed was too low. OpenAI, which is preparing to float on the US stock market, said the calculations had been made by a general-purpose reasoning model – which breaks down problems into smaller steps – rather than a system trained specifically for mathematics. The startup has been tripped up before by its attempts to solve Erdős’s problems, having hailed a supposed breakthrough last year that was in fact based on already existing literature absorbed by the model. This time, OpenAI’s work has been validated by mathematicians, including Thomas Bloom, a mathematician who maintains the Erdős problems website and criticised OpenAI’s prior Erdős claims. Bloom co-authored a companion paper to OpenAI’s blog post flagging the Erdős achievement. Bloom wrote that the AI system had attained its results by “persevering down paths that a human may...
BING-JHEN HONG Japan's Kawasaki Heavy Industries ( KWHIY ) ( KWHIF ) will collaborate with Nvidia ( NVDA ) to develop solutions that integrate robotics with physical AI and will establish a joint development center in California, Nikkei reported. Medical and mobility fields will be the initial focus of the partnership. Kawasaki Heavy has developed robot assistants for doctors and nurses and is als...
BING-JHEN HONG Japan's Kawasaki Heavy Industries ( KWHIY ) ( KWHIF ) will collaborate with Nvidia ( NVDA ) to develop solutions that integrate robotics with physical AI and will establish a joint development center in California, Nikkei reported. Medical and mobility fields will be the initial focus of the partnership. Kawasaki Heavy has developed robot assistants for doctors and nurses and is also developing a quadruped robot, the report added . Medical support robots move on wheels and use arms to carry specimens and perform other functions. They will use Nvidia's AI technology to enable more advanced tasks, according to the report. Nvidia's simulation technology will be used for Kawasaki's Corleo, a four-legged personal mobility robot under development. AI will also be used for control and environmental recognition. As part of this initiative, Kawasaki is opening a joint development center on Thursday in San Jose, California. The center will house industrial robots and will be used for demonstrations and development with U.S. companies, the report noted. Kawasaki plans to hire AI engineers and other staff locally and expand the center's headcount to dozens of people within a few years, the report added. Besides Nvidia, Kawasaki will work with Analog Devices ( ADI ), Microsoft ( MSFT ), and Fujitsu at the center. Kawasaki will also expand collaboration with AI development companies, universities, and research institutions, the report noted. Nvidia, Kawasaki, Microsoft, Analog Devices, and Fujitsu did not immediately respond to Seeking Alpha's request for comment. In February, Kawasaki had set up a research and development hub for medical robots in Strasbourg, France. Going forward, the company will accelerate efforts to address physical AI at three places globally, including Japan, the report added. Kawasaki will use cutting-edge technology in the U.S. and conduct demonstrations in France and Japan, the report noted. The robotics business is focused on robots inte...
Of those who spoke to the BBC one former gymnast, who won a five-figure payout after developing an eating disorder due to the "culture in the sport", says British Gymnastics' approach to victims of abuse was "a complete failure". Laura - not her real name - said she suffered a year of being bullied and insulted by coaches, being weighed twice a day and pressured to lose weight at just 12 years old...
Of those who spoke to the BBC one former gymnast, who won a five-figure payout after developing an eating disorder due to the "culture in the sport", says British Gymnastics' approach to victims of abuse was "a complete failure". Laura - not her real name - said she suffered a year of being bullied and insulted by coaches, being weighed twice a day and pressured to lose weight at just 12 years old. The 19-year-old subsequently developed anorexia, bulimia and depression - something she and her family blame firmly on her treatment by her gymnastics coaches - and missed almost five months of school. In October 2023, Laura's case was heard and the ICP panel issued the lead coach at Laura's former club with a warning, due to their "serious concerns" about the approach to weighing gymnasts at club. However, despite winning a payout from British Gymnastics, some of the allegations about her treatment were not upheld. "I feel that the ICP process failed me and many other gymnasts," Laura says. "Whilst the compensation I've received through the civil case has proved there was wrongdoing, all I ever wanted was for my coaches to accept accountability and acknowledge that their words and actions were the reason I became ill." Law firm Bolt Burdon Kemp, who represented Laura, says it has more than 40 ongoing claims against British Gymnastics. Laura's mother added: "The whole thing was a shambles. Ultimately, at the heart of this are children - children who ended up with eating disorders or self-harmed because of this culture in the sport." The BBC originally covered Nicole Pavier's story in 2020. The now 30-year-old said she was weighed every day of her gymnastics career and developed serious eating disorders as a result. After years of waiting, the paediatric nurse went through the ICP process last year. "It was horrific," she said. "I wasn't allowed anyone in the room to support me and I wasn't allowed to produce witness statements to corroborate my story. I felt blindsided. "...
Quick Read AMD (AMD) reported Q1 revenue of $10.25B (+38% YoY) with Data Center revenue of $5.78B (+57% YoY), driven by signed hyperscaler commitments including Meta’s 6 GW AMD Instinct GPU deployment, OpenAI’s 6 GW partnership, and Oracle’s 27,000-node MI355X cluster providing multiyear visibility. AMD’s server CPU market opportunity is expected to grow at over 35% annually and reach $120B by 203...
Quick Read AMD (AMD) reported Q1 revenue of $10.25B (+38% YoY) with Data Center revenue of $5.78B (+57% YoY), driven by signed hyperscaler commitments including Meta’s 6 GW AMD Instinct GPU deployment, OpenAI’s 6 GW partnership, and Oracle’s 27,000-node MI355X cluster providing multiyear visibility. AMD’s server CPU market opportunity is expected to grow at over 35% annually and reach $120B by 2030—double the prior outlook—positioning the company to capture share as the MI450 ramp accelerates through 2026-2027. The analyst who called NVIDIA in 2010 just named his top 10 stocks and AMD wasn't one of them. Get them here FREE. AMD (NASDAQ: AMD) has a 24/7 Wall St. price target of $600 over the next 12 months, with the stock currently trading at $447.58. That implies roughly roughly 34% upside, and we are rating the shares buy with high confidence. AMD now combines a hyperscaler-anchored AI roadmap, an inflecting CPU franchise, and guidance that just raised the bar. The bull case now rests on signed hyperscaler commitments and raised guidance. The analyst who called NVIDIA in 2010 just named his top 10 stocks and AMD wasn't one of them.Get them here FREE. Metric Value Current Price $447.58 24/7 Wall St. Price Target $600 Upside ~34% Recommendation BUY Confidence Level High From $343 to $448: AMD's Post-Earnings Reset AMD shares are up 62.79% in the past month and 108.99% year to date, with the most recent session adding 8.1%. Q1 drove the move: $10.25 billion in revenue (+37.85% YoY), EPS of $1.37 beating the $1.29 consensus, Data Center revenue of $5.78 billion (+57% YoY), and free cash flow of $2.57 billion, up 252.96%. Q2 guidance of approximately $11.2 billion, or 46% YoY growth, sealed the rerating. . The Case for $600+ The bull case anchors to Lisa Su's revised server CPU TAM. On the Q1 call she said AMD expects the server CPU TAM to grow at "greater than 35% annually, reaching over $120 billion by 2030", roughly double the prior outlook. Meta's commitment to depl...
Zillow Group (ZG, Z) is facing a challenging environment driven by fragmented real estate listings s Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
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Hyperscalers’ capex boom is closely watched as the ultimate barometer of how long the AI cycle lasts. Nvidia’s earnings show demand broadening and rising faster elsewhere, reducing chipmakers’ overdependence on mega-cap tech. Ivan Feinseth, CIO at Tigress Financial, recaps Nvidia earnings and discusses his outlook on the broader sector as some big tech IPOs loom. (Source: Bloomberg)
Hyperscalers’ capex boom is closely watched as the ultimate barometer of how long the AI cycle lasts. Nvidia’s earnings show demand broadening and rising faster elsewhere, reducing chipmakers’ overdependence on mega-cap tech. Ivan Feinseth, CIO at Tigress Financial, recaps Nvidia earnings and discusses his outlook on the broader sector as some big tech IPOs loom. (Source: Bloomberg)
Five people have been arrested as part of a police investigation into allegations that fake independent candidates were used to influence the outcome of a local election in Tameside. Greater Manchester police said four men and a woman, aged between 23 and 47, were arrested on suspicion of fraud offences on Thursday morning in the Ashton-under-Lyne area. The force said the arrests related to the “p...
Five people have been arrested as part of a police investigation into allegations that fake independent candidates were used to influence the outcome of a local election in Tameside. Greater Manchester police said four men and a woman, aged between 23 and 47, were arrested on suspicion of fraud offences on Thursday morning in the Ashton-under-Lyne area. The force said the arrests related to the “process of how candidates were put forward and represented in the ward, and if this adhered to the relevant legislation and electoral procedures”. The Mill, a Manchester-based publication, had investigated claims that individuals were encouraged to stand as independent candidates in the St Peter’s ward election in May to split opposition votes and benefit Labour. Atta Ul-Rasool, the Labour candidate, won the St Peter’s ward seat with 177 votes more than Ahmed Mehmood, an independent candidate, and was the only Labour candidate to win a seat in Tameside. Two other independent candidates, Marie Fairhurst and Muhammad Ali, received a combined 291 votes. The Mill reported that both candidates had little visible campaign presence and did not respond to attempts to contact them during the election campaign. After the result, the Tameside Correspondent reported that Fairhurst said she had not been aware she was standing as a candidate. Kaleel Khan, a councillor who managed Mehmood’s campaign, told the Mill he intended to challenge the election result at Tameside council. No charges have been brought. The police investigation continues.
J Studios/DigitalVision via Getty Images Mortgage rates ticked up this week but kept fluctuating in a narrow range for the month, according to the latest Freddie Mac ( FMCC ) Primary Mortgage Survey. 30-year fixed-rate mortgages averaged 6.51% as of May 21, up from 6.36% last week and down from 6.86% in the same period a year ago. 15-year fixed-rate mortgages averaged 5.85%, up from 5.71% last wee...
J Studios/DigitalVision via Getty Images Mortgage rates ticked up this week but kept fluctuating in a narrow range for the month, according to the latest Freddie Mac ( FMCC ) Primary Mortgage Survey. 30-year fixed-rate mortgages averaged 6.51% as of May 21, up from 6.36% last week and down from 6.86% in the same period a year ago. 15-year fixed-rate mortgages averaged 5.85%, up from 5.71% last week and below the year-ago level of 6.01%. "As rates fluctuate, aspiring buyers should remember that by shopping around for the best mortgage rate and getting multiple quotes, they can potentially save thousands," said Sam Khater, Freddie Mac's chief economist. Here is a look at the one-month mortgage rate movements: Source: Freddie Mac More related to Mortgages Housing demand remains strong even with rate volatility - analyst Bond market selloff may be just the beginning - TS Lombard's Blitz Mortgage demand down to lowest level in five weeks
Getty Images In my view, one of the most important dynamics that we have to watch out for in the stock market of 2026 is how lopsided the recent rally has been. While AI-linked hardware and semiconductor stocks have driven virtually all of the market’s gains, most sectors remain in huge decline, especially software, internet, and retail stocks. To me, this is a critical juncture for us to go again...
Getty Images In my view, one of the most important dynamics that we have to watch out for in the stock market of 2026 is how lopsided the recent rally has been. While AI-linked hardware and semiconductor stocks have driven virtually all of the market’s gains, most sectors remain in huge decline, especially software, internet, and retail stocks. To me, this is a critical juncture for us to go against the tide and diversify our portfolios by selectively picking strong companies in these oversold sectors to protect against downside in the S&P 500 ( SP500 ), and within the retail space, Ralph Lauren Corporation ( RL ) is a standout pick. The high-end apparel maker has seen its share price flatten this year, broadly underperforming the S&P 500 despite very strong growth performance in a tough macro. That said, the stock jumped ~10% after reporting blockbuster fiscal Q4 results , which could signal the beginning of a turnaround in this stock. Data by YCharts I last wrote a Buy article on Ralph Lauren in February, when the stock was trading at ~$340 per share. Since then, Ralph Lauren has continued to bleed downward while the rest of the stock market rallied - despite the fact that, in my view, the company has clearly differentiated its sales performance versus struggling retail peers. I reiterate my Buy opinion here. As a refresher for investors who are newer to Ralph Lauren, here are the top reasons to be long on this stock: Ralph Lauren exhibits best-in-class comp sales in a tough macro. The company’s double-digit comps growth stands in stark contrast to many apparel makers that have struggled even to maintain positive growth, which illustrates the global cachet of its brand and the effectiveness of its execution. Appealing at multiple price points. Ranging from the higher-end Purple Label to the mid-range Polo Ralph Lauren, the company has achieved what few fashion/apparel companies have: appealing to a wide price range in the market with multiple successful brands. As...
Leia em português Investors are selling the largest exchange-traded fund tracking Latin American stocks at the fastest pace in years as mounting political uncertainty across the region and the artificial-intelligence trade in Asia prompt money managers to rethink their exposure. BlackRock’s $4.5 billion iShares Latin America 40 ETF recorded $235 million in withdrawals as of Wednesday, putting it o...
Leia em português Investors are selling the largest exchange-traded fund tracking Latin American stocks at the fastest pace in years as mounting political uncertainty across the region and the artificial-intelligence trade in Asia prompt money managers to rethink their exposure. BlackRock’s $4.5 billion iShares Latin America 40 ETF recorded $235 million in withdrawals as of Wednesday, putting it on track for its biggest weekly outflow since December 2021. Stock markets from Brazil to Colombia have lagged the broader emerging-market region as a global bond selloff and Asia’s booming AI bets pressure investors to shift capital away from the region. “Recent spikes in US treasury yields is supporting the dollar and putting incremental inflation pressure on the region. This might be easing the enthusiasm for potential rate cuts,” said Malcolm Dorson , senior portfolio manager of the Global X Brazil Active ETF and head of EM strategy. “At the same time, the AI trade has continued to suck capital out from all corners of the world.” On top of external factors, investors are also grappling with local political risks tied to elections across the region. In Brazil, the region’s largest economy, recent polls showed President Luiz Inacio Lula da Silva reclaiming his lead in in the upcoming presidential race as Senator Flavio Bolsonaro lost support amid revelations about his ties to a central figure in the country’s biggest banking fraud scandal. Read more: Brazil Assets Sink as Bolsonaro Tied to CEO in Bank Scandal The nation’s Ibovespa stock index fell 2% in dollar terms after Intercept Brasil published the audio messages on May 13 showing Bolsonaro sought millions of dollars from Vorcaro for a film about his father. So far in May, the index is down 6.4%, compared to a 4.7% advance for the MSCI EM Index. “In terms of politics, we’re still months away from the election and volatility was to be expected,” said Dorson, adding that external factors could be driving most of the outf...
Key Points Micron hasn't split its stock since 2000. Micron's profits and revenues are soaring thanks to a major shortage of memory chips. 10 stocks we like better than Micron Technology › After any stock experiences a major (and apparently durable) rise, it's almost inevitable that some people will start discussing the possibility that the company will consider a stock split. Case in point: A yea...
Key Points Micron hasn't split its stock since 2000. Micron's profits and revenues are soaring thanks to a major shortage of memory chips. 10 stocks we like better than Micron Technology › After any stock experiences a major (and apparently durable) rise, it's almost inevitable that some people will start discussing the possibility that the company will consider a stock split. Case in point: A year ago, Micron(NASDAQ: MU) was trading for around $100 per share, a price that's relatively accessible to retail investors. Now, however, after it has risen by more than 600% in just 12 months to over $700 per share, such a move seems more reasonable. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » So, could Micron be splitting its stock soon? It has been a long time since Micron split its stock It has been more than 25 years since Micron's last stock split. In May 2000, it split its stock 2-for-1, following another 2-for-1 split in 1995. Stock splits were a lot more common back then, and there's no indication of how Micron will act now. However, once a stock nears $1,000, the general mood of most management teams is to enact a stock split. This makes it more affordable for the company to include stock options in employee compensation plans; otherwise, options contracts (which are usually for 100 shares) would be quite expensive to hand out. So, can Micron keep running to $1,000 per share? I think it can. Micron is a memory chip producer, and the supply of server memory chips is essentially sold out, and future production has been bought in advance, thanks to insatiable AI data center demand. Even regular PC memory, which used to be quite cheap, has skyrocketed in price due to the supply crunch. This has allowed Micron and its peers to radically boost their prices, so its revenues and profits are soaring. ...
The Avantis International Large Cap Value ETF is seeing unusually high volume in afternoon trading Thursday, with over 2.2 million shares traded versus three month average volume of about 137,000. Shares of AVIV were off about 0.6% on the day. Components of that ETF with the highest volume on Thursday were Nebius Group, trading up about 16.4% with over 13.6 million shares changing hands so far thi...
The Avantis International Large Cap Value ETF is seeing unusually high volume in afternoon trading Thursday, with over 2.2 million shares traded versus three month average volume of about 137,000. Shares of AVIV were off about 0.6% on the day. Components of that ETF with the highest volume on Thursday were Nebius Group, trading up about 16.4% with over 13.6 million shares changing hands so far this session, and Lloyds Banking Group, down about 1.6% on volume of over 12.5 million shares. Carnival is lagging other components of the Avantis International Large Cap Value ETF Thursday, trading lower by about 2.4%. VIDEO: Thursday's ETF with Unusual Volume: AVIV The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.