Investors wanted Nvidia to keep AI mania going and the Fed to stick to the script. But all that wasn’t enough to drive correction fears away.

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Donald Trump has gone on a bizarre rant about offshore wind turbines, claiming they are driving whales “a little batty” and killing them “in numbers never seen before”. The former US President made the claim, which is rooted in a climate sceptic conspiracy theory, at a rally in South Carolina this week. There, he was taking aim at President Joe Biden’s regulations to impose speed limits on speed boats, vowing to overturn the rules on “day one” should he be voted in. Trump told the South Carolina crowd that the “Biden speed limit” would “demolish the charter fishing business, crush boat manufacturers and desecrate your cherished Low Country traditions.” That was when he got sidetracked by whales and wind turbines, or “windmills”, as he prefers to call them. “The windmills are driving them crazy. They’re driving the whales a little batty. And they are washing up on shore in levels never seen before.” It comes days after Trump praised Rishi Sunak for rolling back several key UK climate change promises. He congratulated the Prime Minister for “recognising this SCAM before it was too late”. As for this week's speech, it isn't the first time Trump has gone to war with wind turbines. In 2019, he suggested that wind turbines cause cancer, which is a lie. Months later, he attacked renewable energy again, suggesting that wind power doesn’t work when it’s not windy. This is also untrue. Wind-powered electricity supply isn’t affected by wind not blowing all the time because energy is stored for when it's needed. The US Department of Energy website even says that it's not a problem. At Trump's South Carolina rally, he was likely trying to appeal to a vocal community of misinformed protestors. In February, thousands of people gathered at New Jersey’s Point Pleasant beach to demand authorities pause offshore wind projects in response to recent whale deaths. Since 2023, 10 whales have washed ashore on the New York and New Jersey coastlines. Conspiracy theorists claim the noise created by wind turbines has been messing with the whales’ navigation systems. The National Oceanic and Atmospheric Administration has called the deaths “unusual mortality events”, and said there is no link between the wind turbines and whale deaths. “It’s just a cynical disinformation campaign,” Greenpeace oceans director John Hocevar told to USA Today. That’s hardly going to stop former President Trump though, is it? Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

A US startup is set to unveil an AI-powered device that it claims could replace smartphones. Humane’s AI Pin, which launches today, will clip directly to a person’s clothes and is expected to feature a projector to turn any surface into a screen. An embedded camera and microphone means it could function as a wearable smartphone without a screen, with its creators say has been “built from the ground up for AI”. Leaks suggest the AI Pin will cost $699 and require a $24-per-month subscription fee to access AI models developed by Microsoft and OpenAI, which may include a version of the viral ChatGPT chatbot. Documents obtained by The Verge suggest it will come with two “battery boosters”, a “personic speaker”, and will be powered by a Qualcomm Snapdragon processor. It will also be able to summarise your email inbox, translate languages and come with an “AI DJ”. Humane did not respond to a request for comment but has announced that it will unveil the AI Pin on 9 November. A version of the device was revealed earlier this year at Paris Fashion Week, with models wearing a small square box on the lapels of their clothes. Humane co-founder Imran Chaudhri, who spent 22 years at Apple as a designer before forming his own startup, also gave details about how the clip will function in a TED talk in May. A demonstration showed the tech founder receiving a phone call through the device, using its laser-projected display to turn his palm into an interactive screen. “We believed that artificial intelligence would be the driving force behind the next leap in device design,” he said. “[The AI Pin] is completely standalone. You don’t need a smartphone or any other device to pair with it... It interacts with the world in the way that you interact with the world – hearing what you hear, seeing what you see – while being privacy first and safe, and completely fading into the background of your life.” Humane describes the experience as “screenless”, “seamless” and “sensing”. In a press release earlier this year, Humane co-founder Bethany Bongiorno said: “Our relationship with technology is changing profoundly, becoming even more personal as our devices morph into extensions of our bodies, minds and hearts.” Read More Elon Musk’s new AI bot will help you make cocaine which proves it’s ‘rebellious’ ChatGPT update allows anyone to make their own personalised AI assistant How Elon Musk’s ‘spicy’ Grok compares to ‘woke’ ChatGPT The mystery AI device that could replace your phone

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Larry Ellison, the world’s fourth-richest person, exercised expiring options and sold $640 million of Oracle Corp. shares this