People got rich quick and a reset is coming

Benchmark general partner Bill Gurley on Monday said the artificial intelligence wave is real and a lot of people got rich quick, but he expects a “reset” to come. “When people get rich quick, a whole bunch of people come in and want to get rich too, and that’s why we end up with bubbles,”…

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Cornyn, Casar spar over DHS funding outside Austin airport

Representative Greg Kaiser (D-Texas) canceled Monday’s press conference led by Texas Senator John Cornyn (R), following a spat between the two over Department of Homeland Security (DHS) funding irregularities. Cornyn was delivering meals from Texas-based fast food chain Whataburger to Austin-Bergstrom International Airport Transportation Security Administration (TSA) employees who missed their first full pay day……

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CEO Jensen Huang keynote Blackwell Vera Rubin

At Nvidia’s annual developer conference on Monday, CEO Jensen Huang took the stage to a packed house and said he expects purchase orders between Blackwell and Vera Rubin to reach $1 trillion through 2027. Last year, the company had projections for a $500 billion revenue opportunity between the two chip technologies. Following Nvidia’s earnings report…

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Supreme Court takes up Trump efforts to curtail protections for Haitians, Syrians

The Supreme Court agreed Monday to review the Trump administration’s power to reduce temporary protections for immigrants from countries facing extraordinary circumstances, setting the stage for a high-stakes battle over the president’s immigration crackdown this spring. Until hearing oral arguments in April, the justices will uphold lower rulings that prevent the administration from terminating Syria…

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