the ceo of nvidia says artificial intelligence is at a tipping point as revenues surged. and turbulent times for boeing. the boss of its 737 max programme leaves the company. we look at what lies ahead for the plane maker. hello and welcome to asia business report. begin with nvidia which has just reported its highly anticipated earnings for the final quarter of last year. the numbers did not disappoint, with revenue surging 265%. our north american business correspondent has the latest from new york. nvidia is the leading chipmaker in the united states and the third largest company on wall street. so expectations for their

fourth quarter earnings had been skyhigh. estimates were that they would reported earnings of $4.64 a share and around 24.4 billion in revenue. but the company did better than that. earnings came in at around $5 per share and revenue, $22.1 billion. the company says that revenue during this quarter would beat expectations. the company is riding high on enthusiasm over artificial intelligence. their chips are used to power the ai models that are all the rage in the tech industry right now. that is why quarterly results get so much attention. investors look to the performance for clues about how the ai boom is progressing. to hear the chief executive officer tell at one stage, quote, accelerated computing and generative ai have hit the tipping point. demand is surging worldwide across companies, industries and nations.

we spoke with a technology analyst and asked what the nvidia boss said and meant when he said ai was at a tipping point. we are starting to see mainstream usage of ai. when you have product thinners like microsoft office 365, it's co—pilot. when google integrated into its workspace product. when you have these other services starting to use that, you obviously have many start—up companies with spending money to access to the equipment, large companies like meta who use it to drive all kinds of different algorithms within the tools and services that they offer. the other thing you see is that cross industries it is being used in automotive for design, used in telecommunications industries for planning networks. used in mainstream companies to figure out and get insights into data that they have not been able to get before. so his point there is that this is now really starting to hit the kinds of companies across the board, notjust

specialised tech companies and that is a tipping point for the industry. some of the largest customers are in china. how do you see its chinese business evolving as tensions persist? they spoke about the fact that the set of numbers that grew tremendously were hit quite a bit in china this past quarter and much of that was due to restrictions that the us put on that. they are developing products just for the chinese market to address those concerns so there is hope we could see some growth return but it is something we have to watch. on the automotive side they are doing a ton of business in china and that was not impacted at all. other stories making headlines: the us central bank is in no rush to cut interest rates according to the latest minutes from the federal reserve�*sjanuary meeting. most officials are wary about the risk of cutting rates

too quickly and want to see more evidence of inflation tracking towards the target. united airlines will become the first us carrier to do so. it comes after a detailed safety analysis by the company. lies between newark and newjersey and tel aviv more ward one stolbova, will start first, with its non—stop service which will begin later. same with the aviation industry, a major shakeup at one of the world stott terrace pacemakers, boeing. the head of the 737 max programme has been removed effective immediately. we get more from monica miller in the newsroom. certainly a significant move. it is. he is an 18—year veteran with the company and he took over the 737 max programme in 2021 to help revive it after the pandemic. what we're hearing today is

that boeing has made these changes because they are at improving its quality and safety. this comes after that incident injanuary safety. this comes after that incident in january where safety. this comes after that incident injanuary where a door plug dislodged midflight on a brand—new alaska airlines plane. this announcement is being madejust one plane. this announcement is being made just one week before its president is expected to meet with us regulators are looking into this incident and also to look at the future of this line of planes. i have been at the airshow here in singapore all week and they have to say that normally boeing makes an enormous splash at these events, but not this year. take a look. this is the moment where aerospace makers need to shine. they have a captive audience of potential buyers from over 50 countries at this air show. airbus, the world's largest commercial plane maker made a splash as it is a 351,000 took a spin around the expo using sustainable aviation fuel. one glaring omission from the lineup was boeing. no passengerjets were on display after a recent midflight incident where a cabin panel detached from a brand—new alaska

airlines boeing 737 max 90 to get a preliminary investigation us regulators found four critical bolts were missing that were meant to hold the door plug in place. now the future of the family of the 737 max fleet is in question. this is not the first time boeing has faced a safety crisis. in 2018 and 2019 there were two crashes of the 737 max 8 that claimed the lives of 346 people. people who did not notice what they were flying before will notice this time and as an airframe that is something you do not want. you want people to get on the plane and think how nice it is and enjoy their flight safely. boeing used have the reputation of building planes that withstood the test of time. theirfans had a motto — if it is not boeing, i am not going. but that was then and this is now. we asked the spokesperson about what it would take

to regain public trust. the airplane is the most, by far the most scrutinised air plane in the world in the history of aviation. the safest air plane that can be out there that is out there today. i flew on it last week with my family and all the flights i've been on have been full. despite its problems, many airlines rely on the model, in fact, a 737 max departs every 16 seconds around the world and boeing are still receiving orders for the 737 max. most recently from vietnam airways and an indian airline. but there are contenders waiting in the wings. comac, china's homegrown plane, made an international debut at the airshow. it has regulatory approval only in china which means the long—time rivalry between airbus and boeing will continue. but once the approvals come rolling in, that may shakeup the two—way dominance in the skies.

wongkamala bbc news in singapore. wongkamala bbc news in singapore-— wongkamala bbc news in sina-aore. ~ as we heard from monica the plane maker comac has big ambitions. certification is the first main hurdle and it needs to be recognised by the faa and the european authorities in order to be recognised around the world by most authorities. they are not going to buy the air plane until that is done. and they need to convince these airlines that their plane can be operated reliably. it is still early days in operation. there are a few operating domestically in china but the data is not out there yet to validate the operational integrity of this aircraft. operating economics as well. they have to prove that this plane has similar operating economics to the a320 and 737. it is more than just offering a cheaper aircraft, it is also about having airlines be able to make money with the air plane

at the end of the day. if they do not have a reliable and profitable air plane that cannot be considered seriously. but they have a significant and large domestic market that they will be able to get this endeavour off the ground. the domestic market in china is massive and it is back post covid unlike the international market which has been slow to recover. it is growing and will continue to grow and the market is so big it has come back and they will continue to need a320's and 737 is and wide—body aircraft as well although the domestic market is primarily narrow body and this is where this aircraft fits in. they do not necessarily need that much international if you look at how much they build these per year. the production and manufacturing plants are conservative so they do not need much of an international market but from a political perspective they do.

before we go, united airlines will resume flights to israel —— has charged an alleged member of the japanese media for conspiring to traffic nuclear materials. he allegedly tried to sell uranium and plutonium that he believed would be transferred to iran to build a nuclear bomb. faces life if he is convicted. he was deviously get with weapons and drugs charges back in 2022. apple has released an app for tracking sports scores ahead of the new major league soccer season in the united states. is now available to users in the uk, united states and canada. the services chief says the app is designed to use multiple times in a day. it is the technology giant's latest effort to become a major provider of sports content and news. that is it for today on

asia business report. goodbye for now. bbc news — bringing you different stories from across the uk. when darren was diagnosed with bone marrow cancer momah three years ago his life was changed forever. since then has undergone chemotherapy in barnsley and is about to start around of stem cell treatment. it is a lifesaver. it might have been a couple of tablets, things like that. we have been a couple of tablets, things like that.— things like that. we do get better results. _ things like that. we do get better results. he - things like that. we do get better results. he is - things like that. we do get| better results. he is having things like that. we do get i better results. he is having a tour of a _ better results. he is having a tour of a new _ better results. he is having a tour of a new lab _ better results. he is having a tour of a new labjust - better results. he is having a tour of a new labjust off - better results. he is having a tour of a new labjust off the | tour of a new lab just off the m1 in south yorkshire, where his healthy stem cells are being frozen and stored, ready to be re— infused to his body. when we give chemotherapy to somebody to cure their cancer there is a risk we might damage there is a risk we might damage the stem cells or even kill them. so one way of treating cancer, by giving lots of

chemotherapy, is to take these things out of the person first and then give the chemotherapy you want and then a day or two later you put the stem cell back. , . , ., ., back. this centre is thought to be one of— back. this centre is thought to be one of the _ back. this centre is thought to be one of the biggest - back. this centre is thought to be one of the biggest in - back. this centre is thought to | be one of the biggest in europe and since hospitals across des says hospitals across the north of the uk. people arejonathan ross the cells between hospital and the lab ready to deliver treatment at a moment's notice. in yorkshire, and demand for stem cells is high, which means the nhs needs more donors. for more stories _ the nhs needs more donors. fr?" more stories from across the uk, head to the bbc news website. hello. i am stephen with the catch up. tonight, football trolls, £17 million error and does rice really fix a phone? we start with the premier league and, no, not the title race or any transfers — the hunt for online trolls. the bbc has exclusive access to the team tracking down people who send abusive messages to players.

they tackle things like racism and homophobia and say levels of abuse are on the rise. it is something that this branford player knows all about. he told us a few about an incident a few years ago when he was with brighton. "i know where you live and i will come to your house tonight and i will kill you and yourfamily." you can hear a lot more on why do you hate me on bbc iplayer and the podcast is on bbc sounds. a few other stories. a test of one of the uk's nuclear missiles has failed. the second time around that has happened. each test costs around £70 million. next, we have all done it, but don't dry your iphone in rice. that is the new advice from apple. apparently the rice can do more harm than good. and we are told do not use a radiator or a hairdryer either. and he left radio one last week and now it is confirmed thatjordan north is taking over the breakfast

show on capital replacing ronan kemp. he will start in april. and time now for ten seconds of wine. not how quick you can down a glass on a night out, this is someone breaking into a wine factory in spain and spilling loads of expensive wine worth more than £2 million. you are all caught up. have a great night.

hello and welcome to sportsday with me, marc edwards. here is what is coming up on the show. we have an exclusive sit down with the new manchester united co—owner for his thoughts on the manchester united rebuild. the british billionaire says he wants a new stadium, one for united and the north of england. it is about time somebody built a national stadium, in the north. elsewhere, league leaders liverpool leather luton 4—1 to go four points clear at the top of the premier league. could it be ben back bowling? the england captain ben stokes in line to bowl in the fourth test with india.