Lloyd Lee

1 week ago | businessinsider.com | Sarah Gray |Lloyd Lee |Katherine Li |Henry Blodget

The moment Nvidia CEO Jensen Huang had the floor during the company's first-quarter earnings call on Wednesday, the executive knew there was one thing on everyone's mind: China. The question of the day for Nvidia's earnings was how big of a hit would the chipmaker take as a result of the Trump administration's export restrictions on H20 chips. The short was that it's big, but not big enough to shake Wall Street's confidence in Nvidia's position as an AI juggernaut.

1 week ago | businessinsider.com | Sarah Gray |Lloyd Lee |Henry Blodget

Gov. Ron DeSantis signed a bill on Tuesday that would recognize gold and silver as legal tender in the state, paving a path for Floridians to use the commodities in payment transactions. The bill, HB 999, starts the process of allowing government or private entities, such as businesses, to voluntarily accept gold and silver as a form of debt payment.

1 week ago | businessinsider.com | Chris Kaye |Lloyd Lee |Henry Blodget

The submersible expert who once warned OceanGate CEO Stockton Rush against taking passengers on the Titan submersible told Business Insider that viewers of two upcoming documentaries on the 2023 fatal Titan implosion will see how Rush was a man "hell bent on glory." Karl Stanley, who rode inside the Titan in 2019, told BI in a recent email that he is a "major participant" in the upcoming BBC documentary "Implosion." The documentary will give an in-depth look at the events leading up to the...

1 week ago | businessinsider.com | Chris Kaye |Lloyd Lee |Henry Blodget

Waymo recently demonstrated why the company believes it's necessary to have lidar and other sensors beyond cameras in order to deliver a safer robotaxi service. During a presentation at Google I/O on Wednesday, co-CEO Dmitri Dolgov showed a few situations in which Waymo's proprietary lidar and imaging radar system can detect pedestrians before cameras pick them up. Waymo's current fifth-generation autonomous car is equipped with five lidars, six radar sensors, and 29 cameras.

1 week ago | businessinsider.com | Chris Kaye |Lloyd Lee |Henry Blodget

Ahmed Shubber, a 25-year-old founder from Connecticut, wants to compete with the Caterpillars of the construction industry by building the Tesla of bulldozers. Shubber's company, Lumina, has been operating in stealth since 2021 and has since grown to a team of 26 people and raised an $8 million seed round, according to the founder. On Wednesday, Shubber demonstrated Lumina's first prototype, the Moonlander, in San Francisco.