i'm steve lai. nvidia has unveiled its lastest chip that could transcend generative ai technology to the next level. the new processor could scale up the company's dominance in the chip—making industry. our north american business correspondent erin delmore has the details. nvidia unveiled its new graphics processing unit at a developers conference in california on monday. it's meant to build on the successes of the company's existing gpu �*s which are in demand all over the world. nvidia makes powerful chips that are used to develop a high technology and the blackwell is expected to allow more advanced ai models to be built. it's also expected to be built. it's also expected to be built. it's also expected to be a boon for the tech company which has written ai enthusiasm to the top of the markets. at nvidia's develop conference and monday, the ceo called generative ai the defining technology of our time. some of the biggest names

in tech are expected to use blackwell gpus and we expect to see the technology in action later this year. bob o'donnell from technalysis research was at the event in san jose, california. with all the anticipation built up for nvidia's latest product, he says it wasn't your typical technology conference. the atmosphere was like a rock concert — the atmosphere was like a rock concert i— the atmosphere was like a rock concert. i haven't seen something like this in the tech industry— something like this in the tech industry in quite some time. some — industry in quite some time. some people were making analogies to the early days of steve — analogies to the early days of steve jobs types of presentations, but the buzz was in the _ presentations, but the buzz was in the air— presentations, but the buzz was in the air and the whole feel of the — in the air and the whole feel of the event was very much like a concert— of the event was very much like a concert and jensen was a rock stat _ a concert and jensen was a rock stat i_ a concert and jensen was a rock stat i have _ a concert and jensen was a rock star. i have to say, i have seen _ star. i have to say, i have seen and _ star. i have to say, i have seen and present many, many times— seen and present many, many times in— seen and present many, many times in the past, but this was clearly— times in the past, but this was clearly his— times in the past, but this was clearly his moment and he was soaking — clearly his moment and he was soaking it _ clearly his moment and he was soaking it up. the company is on top — soaking it up. the company is on top of— soaking it up. the company is on top of the world right now and ever— on top of the world right now and ever but he wanted to know, hey, _ and ever but he wanted to know, hey, what — and ever but he wanted to know, hey, what are they going to do? as you _ hey, what are they going to do? as you said, they have this new gpu, _ as you said, they have this new gpu, which— as you said, they have this new gpu, which is the latest ship to accelerate ai, and then

importantly but not quite as sexy— importantly but not quite as sexy and _ importantly but not quite as sexy and not quite as well understood, they have this software innovation that are going — software innovation that are going to _ software innovation that are going to help make the process of companies using generative ai of companies using generative at which— of companies using generative ai which in turn use their chips _ ai which in turn use their chips easier, and that is going to be — chips easier, and that is going to be a — chips easier, and that is going to be a big _ chips easier, and that is going to be a big deal for them in the — to be a big deal for them in the tong _ to be a big deal for them in the long run stop at the rock ster— the long run stop at the rock star with _ the long run stop at the rock star with his black leather jackets, _ star with his black leather jackets, no doubt. tell us a bit about— jackets, no doubt. tell us a bit about how nvidia are keeping ahead of the competition because they seem to be _ competition because they seem to be the — competition because they seem to be the market leader at the moment _ to be the market leader at the moment. on the one hand you can say, _ moment. on the one hand you can say, welt, — moment. on the one hand you can say, welt, its— moment. on the one hand you can say, well, it'sjust the next generation, and technically it is. generation, and technically it is but— generation, and technically it is. but what's interesting about— is. but what's interesting about what's happening with them — about what's happening with them in _ about what's happening with them in the world of generative ai them in the world of generative al is_ them in the world of generative al is that — them in the world of generative ai is that many of the earlier chips — ai is that many of the earlier chips that were being used for generative ai were actually designed well before most people knew what generative ai people knew what generative al was _ people knew what generative al was. blackwell is argue be probably the first generation of chips _ probably the first generation of chips from them that was designed in thisjen of chips from them that was designed in this jen ai era. there — designed in this jen ai era. there are _ designed in this jen ai era. there are a number of elements there _ there are a number of elements there that — there are a number of elements there that you mention to x, in cases— there that you mention to x, in cases it's — there that you mention to x, in

cases it's for x and five x improvements. versus their previous— improvements. versus their previous generations. —— gen ai. previous generations. —— gen at they've _ previous generations. —— gen ai. they've done a number of things— ai. they've done a number of things internally but the chip that allow them to access bigger— that allow them to access bigger large language models and do — bigger large language models and do twice as many calculations. that's all bia refinements within the architecture.— refinements within the architecture. where is the competition _ architecture. where is the competition now? - architecture. where is the competition now? are - architecture. where is the | competition now? are they architecture. where is the - competition now? are they able to keep pace? the competition now? are they able to keep pace?— to keep pace? the biggest competitor— to keep pace? the biggest competitor for _ to keep pace? the biggest competitor for sure - to keep pace? the biggest competitor for sure and i to keep pace? the biggest competitor for sure and to | to keep pace? the biggest - competitor for sure and to some degree _ competitor for sure and to some degree we — competitor for sure and to some degree we will see intel, but the other thing is all the major— the other thing is all the major cloud providers, so googte _ major cloud providers, so google has some of their own, so google has some of their own, soiust— google has some of their own, sojust microsoft and google has some of their own, so just microsoft and amazon. each _ so just microsoft and amazon. each of— so just microsoft and amazon. each of the big crowd companies have _ each of the big crowd companies have some of them, but they stilt— have some of them, but they still rety— have some of them, but they still rely heavily on nvidia. so that's— still rely heavily on nvidia. so that's the biggest challenge or to _ so that's the biggest challenge or to them, so that's the biggest challenge orto them, and so that's the biggest challenge or to them, and amd have been making— or to them, and amd have been making excellent progress. the thing _ making excellent progress. the thing is — making excellent progress. the thing is the market is growing so quickly that even if nvidia loses — so quickly that even if nvidia loses some share, they can stilt— loses some share, they can still grow— loses some share, they can

still grow their overall business because there's just a lot business because there's just a tot of— business because there's just a lot of opportunities for everybody. lot of opportunities for everybody-— lot of opportunities for everybody. lot of opportunities for eve bod. �*, everybody. nvidia says it's expanding _ everybody. nvidia says it's expanding its... _ everybody. nvidia says it's expanding its... be - everybody. nvidia says it's expanding its... be y - everybody. nvidia says it's expanding its... be y d . expanding its... be y d overtook tesla last year as the world's top—selling electric vehicle manufacturer. it will use nvidia's next generation in vehicle chips, its rivals will also use the product. evergrande group's founder has been barred from china's securities market. regulators have accused the group's flagship unit of securities fraud, failing to make timely disclosures, and inflating its earnings by around 80 billion dollars. hui ka yan was once asia's second—richest man and in charge of one of china's biggest real estate developers. but last september, evergrande said its founder was being investigated over suspected crimes. british tech entrepreneur mike lynch is appearing in court in the us as his trial on fraud charges

gets under way. once referred to as "britain's bill gates," mr lynch is accused of overinflating the value of his software firm autonomy when he sold it to hewlett—packard in 2011. ——over in asia, the bank of japan will wrap up its two—day policy meeting today. there's a lot of expectation from analysts that the central bank will put an end to its negative interest rates — that have been put in place since early 2016. today, japan is the only nation left in the world that still has such a policy. nobuko kobayashi, partner at ey, told us how the departure from negative rates would impact companies and households in the world's fourth—largest economy. it will be a good thing if japan does trigger the stimulus for a domestic economy, however, it will be bad if the inflation is just externally driven say bye, war and supply chain disruption. in that case, the price will run out of steam, will only offset the price increase.— steam, will only offset the price increase. what are the implications— price increase. what are the implications for _ price increase. what are the j implications for consumers? consumers will feel the change through commercial banks on short—term, and it will be felt in multiple dimensions, the japanese people may see the interest rates go up on their savings account, so that is the good news, on the other hand,

however, for the boring front, people may see their interest payments go up if they have, say, variable rate mortgage payments. say, variable rate mortgage payments— payments. will this have an im act payments. will this have an impact on _ payments. will this have an impact on currency? - payments. will this have an impact on currency? where | payments. will this have an - impact on currency? where does that leave the yen? the impact on currency? where does that leave the yen?— that leave the yen? the rate hike would _ that leave the yen? the rate hike would mean _ that leave the yen? the rate hike would mean that - that leave the yen? the rate hike would mean that the i hike would mean that the japanese yen will be stronger, theoretically speaking. that said, there is still a large discrepancy with the japanese policy interest rate and therefore this exit from the interest rate loan is unlikely to impact the current currency fluctuation that much. going forward, more important is the incremental steps that they take and at what tempo, so that is to be seen, but for now, doj has been very gingerly moving interest rates, so we will see that. this is a story that we will be following over the next few hours here on asia business reports. in the meantime, let's get you up to speed with what's

been happening in the indian city of bengaluru — home to some of the biggest it companies in the country — is battling an acute water shortage after poor rainfall. ineffective water conservation has made matters worse — leading to reservoirs drying up. the bbc s arunoday mukharji reports on how the crisis is affecting the city known as india's silicon valley. residence here waiting for a basic need.— residence here waiting for a basic need. ~ . ,, ., basic need. water. something they should — basic need. water. something they should have _ basic need. water. something they should have had - basic need. water. something they should have had easy - they should have had easy access to within their homes. now both water and people's patients are running low. drinking water atms here are in high demand. for less than a dollar, people fill their cans, but it is a daily hassle. a glass of water first thing in the morning that so many people take for granted has become a struggle for people over here in some parts of the region. as you can see, this is their daily morning routine, lining

up daily morning routine, lining upjust to get daily morning routine, lining up just to get their bottles filled. this is the main source of water, the river, but it has failed to reach all corners of a rapidly growing city. made worse by poor rainfall, forcing sections of the city to rely completely on water tankers. this neighbourhood of 3500 residents needs 50 tankers a day. but supply now is down to half. this day. but supply now is down to half. . , day. but supply now is down to half. a .,, day. but supply now is down to half, a , day. but supply now is down to half. a , ., ., half. as soon as they have to no far half. as soon as they have to go far away _ half. as soon as they have to go far away to _ half. as soon as they have to go far away to get _ half. as soon as they have to go far away to get the - half. as soon as they have to j go far away to get the water, it is like twice the cost that we are paying right now. despite authorities putting a $12 cap on prices for water tankers, in some parts of the city, people say they are charging double or even triple the amount. authorities say they are working on alternatives to tide over the crisis. , , ,., crisis. depending upon the treated water, _ crisis. depending upon the treated water, the - crisis. depending upon the treated water, the main i crisis. depending upon the -

treated water, the main source of water — treated water, the main source of water for nondrinking purposes, that water we are planning — purposes, that water we are planning to take to the commercial industry establishment, ... , ., establishment, this region is the technology _ establishment, this region is the technology hub - establishment, this region is the technology hub in - establishment, this region is the technology hub in the l is the technology hub in the world after silicon valley, boston and london. but it has come at a price. the population boom and selling of the city's many lakes, once also a crucial source of water. taste many lakes, once also a crucial source of water.— source of water. we are completely _ source of water. we are completely reliant - source of water. we are completely reliant on i completely reliant on commercial water supply. that needs to include rainwater, lake water, aquaphor —— aquifer or ground—based water. the lake water, aquaphor -- aquifer or ground-based water.- or ground-based water. the city of 14 million _ or ground-based water. the city of 14 million is _ or ground-based water. the city of 14 million is only _ or ground-based water. the city of 14 million is only going - or ground-based water. the city of 14 million is only going to - of 14 million is only going to grow, and if it's civic infrastructure fails to keep pace, instead of a free flow of water, the it city will be forced to count every last drop. british tech entrepreneur

mike lynch is appearing in court in the us as his trial on fraud charges gets under way. once referred to as "britain's bill gates," mr lynch is accused of overinflating the value of his software firm autonomy when he sold it to hewlett—packard in 2011. the 58—year—old faces up to 25 years in prison if convicted. he denies the claims. and that's it for this edition of asia business report. thanks for watching.

hey i'mjulia with the catch up! only one in five nhs mental health trusts have specialists that can deal with conditions like tourettes in england and wales. that's what new research from the bbc has found. over 300,000 people in the uk are living with the condition — which causes people to make sounds and movements known as tics. big artists including lewis capaldi and bilie eilish have opened up about having it. isabel is a journalist here at the bbc who was diagnosed when she was 7. my parents really struggled to get that diagnosis but then the following support just wasn't there either. in the end, my mum basically ended up having to home—school me because my tourette's

and my ticks got so bad that a schoolsjust didn't want to take me in. the government says it's committed to supporting people living with tourette's syndrome and other tic disorders. nottingham forest have been docked four points for breaching the premier league's finance rules. it means the club has dropped into the relegation zone which puts them at risk of getting axed to a lower division. they're the second team to go through this after everton lost ten points in november, which they appealed and reduced to six. banksy is back. he confirmed on instagram that the new mural in finsbury park, north london is his creation. with bright green paint, he's made this tree look like it's blooming. and the classic banksy stencil shows someone holding a pressure hose on the bottom left. crowds have been creating a buzz ever since. and we'll leave you with 10 seconds of this ridiculously cute baby rhino! yes, whipsnade zoo are celebrating the birth of a southern white rhino, as part of an endangered

species breeding programme. i know he only looks little — but at birth he already weighed in at 45 kilos! you're all caught up now — have a good night! hello and welcome to sportsday — i'm sarah mulkerrins — coming up on the programme. a premier league points deduction for nottingham forest — they're punished for breaking financial rules. kenny calls time on her cycling career — britain's most successful female olympian retires from racing. and mcilroy has high hopes, as the pga and liv golf tour continue to talk about a potential merger.

welcome along to the programme wherever you are watching around the world. we start with a huge day at the bottom of the premier league — where nottingham forest have dropped into the relegation zone after breaking the division's profit and sustainability rules. their punishment comes after the club admitted losses last season that breached the threshold by 34.5 million pounds — but that might not be the end of the story — as our sports news correspondent laura scott reports. frustration at the final whistle for nottingham forest after letting a lead to slip against their relegation rivals. points deduction, it's coming for you, the luton town fans song, and they weren't wrong. two days on and forced were ruining another result as an independent commission found them guilty of breaching profit

and sustainability