the ceo of nvidia says artificial intelligence is at a tipping point as the revenues surged. and turbulent times for boeing. the boss of its seven pages that make 737 programme leaves the country. we look at what lies ahead for the plane maker. hello and welcome to asia business report. nvidia hasjust asia business report. nvidia has just reported its asia business report. nvidia hasjust 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 is 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 or high. estimates were that they would reported earnings of $3.64 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 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. ~ companies, industries and nation— nations. we spoke with a technology _ nations. we spoke with a technology analyst - nations. we spoke with a technology analyst and i nations. we spoke with a - technology analyst and asked what the nvidia boss said and meant when he said ai what the nvidia boss said and meant when he said al was at a tipping point. we meant when he said al was at a tipping point-— tipping point. we are starting to see mainstream _ tipping point. we are starting to see mainstream usage - tipping point. we are starting to see mainstream usage of i tipping point. we are starting l 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 matter who use it to drive all kinds of different algorithms within 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, not just specialised tech companies and that is a tipping point for the industry.— the industry. some of the laruest the industry. some of the largest customers - the industry. some of the largest customers are - the industry. some of the largest customers are in i the industry. some of the - largest customers are in china. how do you see chinese business evolving as tensions persist? they spoke about the fact that the set of numbers that grew tremendously where he 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 central bank is in no way to cut interest rates according to the latest minutes from the federal reserve 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. they did agree that rates were currently at their peak and remain uncertain about the timing of the first rate cut. in the last hours south korea �*s central bank left interest rates ba nk left interest rates unchanged bank left interest rates unchanged at 3.5% at its first policy meeting of the year. the bank of korea was one of the first central banks to tighten its monetary policy to tackle inflation back in 2021. it last raised rates injanuary 2023 but kept them steady since then. turning to the aviation industry where there has been a major shakeup at the top of aerospace makers boeing. the head of the trouble 737 max programme has been removed, effective immediately. let's get more on this story from my colleague in the newsroom. monica, this is a significant move. it monica, this is a significant move. , , ., [w monica, this is a significant move. , ., move. it is. he is an 18 year veteran _ move. it is. he is an 18 year veteran with _ move. it is. he is an 18 year veteran with the _ move. it is. he is an 18 year veteran with the company . move. it is. he is an 18 year l veteran with the company and 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. he is the fifth person to hold this position. boeing says the reason for the changes because they want to improve their quality as well as safety. the announcement comes one week before its ceo, dave calhoon is expected to meet with us regulators over this and it already goes back to an incident in which a door plug dislodged midflight from a brand—new alaska airlines flight back injanuary and that has been under investigation. i have been attending the singapore air show this week and usually boeing makes an enormous splash here but they have a low profile this year. take a look.— have a low profile this year. take a look. , , ., take a look. this is the moment where aerospace _ take a look. this is the moment where aerospace makers - take a look. this is the moment where aerospace makers need l 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 the lineup was boeing. no passenger jets were 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 pretty cool 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 the safety crisis. in 2018 and 2019 there were two crashes of the 737 max eight that claimed the lives of 346 people.— 737 max eight that claimed the lives of 346 people. people who did not notice _ lives of 346 people. people who did not notice what _ lives of 346 people. people who did not notice what they - lives of 346 people. people who did not notice what they were i did not notice what they were flying before will 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 theirflight and think how nice it is and enjoy their flight safely. boeing is to have the reputation of building plans that withstood the test of time. 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. , .,, would take to regain public trust. , , _ would take to regain public trust. , _ ., trust. the is the most, by far the most _ trust. the is the most, by far the most scrutinised - trust. the is the most, by far the most scrutinised air- trust. the 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.— all the flights i've been on have been full. despite its problems. _ have been full. despite its problems, many _ have been full. despite its problems, many airlines l have been full. despite its i problems, many airlines rely have been full. despite its - problems, many airlines rely on the model, in fact, 1737 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. 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 2—way dominance in the skies. 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 more than just offering a cheaperaircraft, it 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 endeavour off the ground. tue: domestic market endeavour off the ground. tte: domestic market in endeavour off the ground. tt2 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 i o, perspective they do. before we go. united _ perspective they do. before we go, united airlines _ perspective they do. before we go, united airlines will - perspective they do. before we go, united airlines will resume flights to israel starting next month, becoming the first israel carrier —— us carrier to do so. the decision comes after a detailed analysis by the company. lights between newark and newjersey and tel aviv with one stopover will start first while the non—stop service will begin later. 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. it is their latest effort to become a major provider of sports content and news. a quick look at the mixed finish on wall street with the dow and the s&p 500 eking outjust some small gains. that is it for me here on asia business report. bye for now.

voice-over: bbc news bringing you different stories _ from across the uk. theirjobs are to work especially young people to help bring new opportunities through football and sport, but today is a little bit different. refreshing their cpr skills is a core part of what these guys do as sports coaches but using these to help save the life of somebody who has been stabbed, well, that is new. keep going, keep going. with everything that is happening in the city of bristol, with the increase in knife crime, we felt it really, really important that the staff were trained to use bleed kits. i'm shocked at the amount of damage a knife can cause, either you just see just skin, but internally, you just don't know. it is quite scary, yeah. i think it is a progression in- the follow—on from their normal first aid training they have. it is really prevalent now, unfortunately, _ working with students on a regular basis. . it is something we i

need to be aware of. bleed kits are becoming a more familiar sight and they do contain everything that you need to provide immediate emergency first aid to someone who is losing blood. you do need to know how to use them but applying pressure to stop any further blood loss really can help save a life. voice-over: for 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. t few years ago when he was with briahton. ~ ., i. brighton. i know where you live and i will come _ brighton. i know where you live and i will come to _ brighton. i know where you live and i will come to your - brighton. i know where you live and i will come to your house . and i will come to your house tonight and i will kill you and yourfamily. tonight and i will kill you and your family-— tonight and i will kill you and your family. you can hear a lot more in why — your family. you can hear a lot more in why do _ your family. you can hear a lot more in why do you _ your family. you can hear a lot more in why do you hate - your family. you can hear a lot more in why do you hate me . your family. you can hear a lot| more in 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 would have happened. each test costs around £70 million. next, we have all done at 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 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, it is about time somebody built a nationalstadium, 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.