📬 Google’s big buy

Good morning, Quartz readers!

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Here’s what you need to know

Google just agreed to its biggest acquisition ever. The tech giant plans to pay $32 billion for the Israel-based .

The Chinese EV industry is having a moment. BYD, Xiaomi, Nio, and China’s other EV makers are leading a wave of .

Hims & Hers stock got skinnier. The telehealth company’s stock dropped nearly 9% Tuesday amid looming regulatory shifts in the .

And Royal Caribbean and other cruise stocks sank. Falling consumer confidence is hitting the travel industry, .

Frontier Airlines took a shot at Southwest. Frontier Airlines launched a new promotion offering a free checked bag after Southwest .

Nvidia revealed new AI chips and more. CEO Jensen Huang shared several updates at the annual .

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Nvidia is getting into the car business

Nvidia and GM are partnering to develop self-driving cars, Nvidia CEO Jensen Huang announced Tuesday at GTC.

GM will use Nvidia’s Drive AGX platform, a high-performance in-vehicle computer capable of 1,000 trillion operations per second. The platform includes hardware and software for autonomous driving and immersive in-cabin experiences.

GM plans to build its next-generation vehicles on Drive AGX, which Nvidia says will accelerate the rollout of safe autonomous cars at scale.

How has GM fared with self-driving cars in the past?

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Companies that died after the dot-com bubble burst

The internet boom of the mid-1990s sparked a wave of investment as tech entrepreneurs tried to figure out how to profit from the “World Wide Web.” Fearful of missing out on a technological revolution, investors poured in capital, fueling both lasting success stories and speculative ventures with shaky business models.

Some companies thrived, while others floated on easy money, lacking a clear path to profitability. But 25 years ago this month, the bubble burst, triggering the dot-com crash of 2000.

Which companies died and which ones survived the dot-com bubble? .

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