Discover Daily by Perplexity Nvidia's GPU Delay, Google's Legal Setback, and Market Jitters, plus Warhol's $26M Digital Portrait
Aug 6, 2024
NVIDIA faces a major setback with delays in its Blackwell GPUs, crucial for the AI industry, impacting tech giants like Microsoft and Google. Meanwhile, Google grapples with a significant antitrust ruling that could reshape its market position. The volatility in global stock markets is spurred by recession fears, adding to the tech turmoil. On a lighter note, Andy Warhol's rediscovered digital art hits the spotlight, fetching an impressive $26 million at auction.
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Warhol's Digital Art
- Andy Warhol's digitally-created portrait of Debbie Harry, made in 1985 using a Commodore Amiga, is now valued at $26 million.
- This rediscovered artwork highlights an intersection of art and early computer technology.
Market Sell-Off
- Global stock markets experienced a significant sell-off, with major indices like the Dow Jones, S&P 500, and Nasdaq declining sharply.
- Investors sought the safety of bonds due to recession fears and uncertainty surrounding the Federal Reserve's policy response.
Google's Antitrust Setback
- A U.S. judge ruled Google violated antitrust law by abusing its monopoly in web searches, particularly through default search engine agreements.
- This decision could reshape the online search landscape and impact other antitrust cases against tech giants.