Business

AI giant Nvidia becomes first company to reach $4 tn in value

Published

21 hours ago

July 9, 2025

Nvidia CEO Jensen Huang, shown here at at the Consumer Electronics Show in January 2025, has seen spectacular growth in his company’s share price amid enthusiasm for artificial intelligence (Patrick T. Fallon)

Nvidia became the first company to touch $4 trillion in market value on Wednesday, a new milestone in Wall Street’s bet that artificial intelligence will transform the economy.

Shortly after the stock market opened, Nvidia vaulted as high as $164.42, giving it a valuation above $4 trillion. The stock subsequently edged lower, ending just under the record threshold.

“The market has an incredible certainty that AI is the future,” said Steve Sosnick of Interactive Brokers. “Nvidia is certainly the company most positioned to benefit from that gold rush.”

Nvidia, led by electrical engineer Jensen Huang, now has a market value greater than the GDP of France, Britain or India, a testament to investor confidence that AI will spur a new era of robotics and automation.

The California chip company’s latest surge is helping drive a recovery in the broader stock market, as Nvidia itself outperforms major indices.

Part of this is due to relief that President Donald Trump has walked back his most draconian tariffs, which pummeled global markets in early April.

Even as Trump announced new tariff actions in recent days, US stocks have stayed at lofty levels, with the tech-centered Nasdaq ending at a fresh record on Wednesday.

“You’ve seen the markets walk us back from a worst-case scenario in terms of tariffs,” said Angelo Zino, technology analyst at CFRA Research.

While Nvidia still faces US export controls to China as well as broader tariff uncertainty, the company’s deal to build AI infrastructure in Saudi Arabia during a Trump state visit in May showed a potential upside in the US president’s trade policy.

“We’ve seen the administration using Nvidia chips as a bargaining chip,” Zino said.

– New advances –

Nvidia’s surge to $4 trillion marks a new benchmark in a fairly consistent rise over the last two years as AI enthusiasm has built.

In 2025 so far, the company’s shares have risen more than 21 percent, whereas the Nasdaq has gained 6.7 percent.

Taiwan-born Huang has wowed investors with a series of advances, including its core product: graphics processing units (GPUs), key to many of the generative AI programs behind autonomous driving, robotics and other cutting-edge domains.

The company has also unveiled its Blackwell next-generation technology allowing more super processing capacity. One of its advances is “real-time digital twins,” significantly speeding production development time in manufacturing, aerospace and myriad other sectors.

However, Nvidia’s winning streak was challenged early in 2025 when China-based DeepSeek shook up the world of generative AI with a low-cost, high-performance model that challenged the hegemony of OpenAI and other big-spending behemoths.

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EU unveils AI code of practice to help businesses comply with bloc’s rules

Published

5 hours ago

July 10, 2025

Associated Press

By KELVIN CHAN, Associated Press Business Writer

LONDON (AP) — The European Union on Thursday released a code of practice on general purpose artificial intelligence to help thousands of businesses in the 27-nation bloc using the technology comply with the bloc’s landmark AI rule book.

The EU code is voluntary and complements the EU’s AI Act, a comprehensive set of regulations that was approved last year and is taking effect in phases.

The code focuses on three areas: transparency requirements for providers of AI models that are looking to integrate them into their products; copyright protections; and safety and security of the most advanced AI systems

The AI Act’s rules on general purpose artificial intelligence are set to take force on Aug. 2. The bloc’s AI Office, under its executive Commission, won’t start enforcing them for at least a year.

General purpose AI, exemplified by chatbots like OpenAI’s ChatGPT, can do many different tasks and underpin many of the AI systems that companies are using across the EU.

Under the AI Act, uses of artificial intelligence face different levels of scrutiny depending on the level of risk they pose, with some uses deemed unacceptable banned entirely. Violations could draw fines of up to 35 million euros ($41 million), or 7% of a company’s global revenue.

Some Big Tech companies such as Meta have resisted the regulations, saying they’re unworkable, and U.S. Vice President JD Vance, speaking at a Paris summit in February, criticized “excessive regulation” of AI, warning it could kill “a transformative industry just as it’s taking off.”

More recently, more than 40 European companies, including Airbus, Mercedes-Benz, Philips and French AI startup Mistral, urged the bloc in an open letter to postpone the regulations for two years. They say more time is needed to simplify “unclear, overlapping and increasingly complex EU regulations” that put the continent’s competitiveness in the global AI race at risk.

There was no sign that Brussels was prepared to stop the clock.

“Today’s publication of the final version of the Code of Practice for general-purpose AI marks an important step in making the most advanced AI models available in Europe not only innovative but also safe and transparent,” the commission’s executive vice president for tech sovereignty, security and democracy, Henna Virkkunen, said in a news release.

Originally Published: July 10, 2025 at 6:44 AM PDT

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Business

AI/R Company Launches AI-Powered Platform to Streamline Corporate Hiring Processes

Published

5 hours ago

July 10, 2025

The Manila Times

With AI/Quick-Match, the AI agent Llia cuts hiring costs by up to 80% and reduces time-to-hire by up to threefold

SAN FRANCISCO, July 10, 2025 (GLOBE NEWSWIRE) — AI Revolution Company (AI/R), a global leader in AI-driven business transformation, has announced the launch of Llia, its next-generation AI agent. Through its flagship product AI/Quick-Match, Llia delivers data-driven hiring decisions, helping companies make smarter, faster, and more cost-effective recruitment choices.

Designed as a “plug-and-play” solution, AI/Quick-Match seamlessly integrates with existing recruitment tools to accelerate hiring, reduce expenses, and ensure better candidate matches. The platform enhances HR teams by aligning talent profiles with organizational needs, automating candidate screening, conducting technical and behavioral interviews, and providing in-depth analytics-transforming the recruitment process from end to end.

“Automating interviews saves recruiters valuable time and delivers more accurate evaluations. With AI-driven insights and data-backed feedback, companies can make more confident hiring decisions. In fact, AI/Quick-Match has been shown to reduce recruitment costs by up to 80% and accelerate the hiring process by up to three times,” explains Maycon Zamunaro, CTO of Invillia, the AI/R company behind the platform. In just one month since its launch, the tool has powered over 1,000 interviews and led to approximately 100 successful hires.

Llia was created to be a natural extension of human teams-an AI agent that connects data, intelligence, and knowledge to support better decision-making and empower organizations.

Soon, three more products will be added to the Llia suite: AI/Team-Management, AI/Onboarding&Training, and AI/Performance-Review, enabling the platform to support every stage of the organizational lifecycle.

According to Alexis Rockenbach, Global CEO of AI/R Company, Llia is redefining how companies approach recruitment and talent management. “Its integrated and highly customizable products allow it to operate across all phases of the employee journey: attraction, retention, management, and development. Llia isn’t just an assistant-it’s a strategic pillar for scaling people and teams,” he states.

About AI/R

AI/R, headquartered in California, is an Agentic AI Software Engineering company that leverages its powerful ecosystem of proprietary AI platforms and hyper-specialized tech brands to drive the global enterprise revolution. Through its proprietary AI platforms and strategic partner platforms, AI/R is reshaping industries and setting new standards for business innovation and productivity. By embedding AI into every aspect of its operations, AI/R’s mission is to make the AI revolution a revolution for everyone, empowering human talent and raising the bar for digital transformation. Let’s breathe in the future.

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Milena Buarque Lopes Bandeira

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