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close video South Carolina wants new residents ‘to pay their fair share’: Sen. Stephen Goldfinch

Sen. Stephen Goldfinch, R-S.C., says the state’s ‘Yankee Tax’ would help pay for necessary infrastructure to accommodate a rising number of new residents.

South Carolina lawmakers began efforts Thursday to fire Comptroller General Richard Eckstrom after a $3.5 billion accounting blunder. The move comes one day after Eckstrom was strongly advised to quit or be fired.

The 74-year-old seasoned public accountant told senators in March he unintentionally exaggerated the state's cash position by $3.5 billion by overstating the amount sent to colleges and universities for approximately a decade, according to The Associated Press.

Eckstrom has been in his position for 20 years and spent four years during the 90s as the state treasurer.

Though the error was not in actual cash, it affects the way the state reports its balance sheets and could negatively impact South Carolina's credit rating. The error has also eroded confidence that many lawmakers across party lines had in the seasoned accountant, The AP reported.

ACCOUNTING ERRORS TO COST EXECUTIVES THEIR BONUSES UNDER SEC RULE

FILE – South Carolina Comptroller General Richard Eckstrom holds up a book he wanted to present to his new Chief of Staff James Holly during his introduction at the Budget and Control Board meeting, Aug. 13, 2009, in Columbia, S.C. (AP Photo/Mary Ann Chastain, File)

"At least for a decade we know that he has signed his name, Richard Eckstrom, CPA, on our state's closing financial document and every year he has been wrong," said Republican Sen. Larry Grooms.

Grooms is the sponsor of a resolution introduced in the state legislature Thursday seeking a two-thirds vote from the House and Senate to trigger a state constitutional provision that would allow Gov. Henry McMaster to remove Eckstrom for "willful neglect of duty."

Of the state's 46 senators, 38 of them signed on to sponsor the proposal – and only 30 are needed to hit the two-thirds threshold. In the House, 83 out of 124 representatives need to sign on for the resolution to pass.

Grooms said the legislature needs to act because Eckstrom is not doing the "honorable thing" by refusing to resign.

According to The AP, McMaster said last week Eckstrom should be held accountable by voters instead of being impeached by lawmakers. His office said Thursday he had not changed his mind.

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South Carolina Lt. Gov. Pamela Evette, left, administers the oath of office to state officers, from left, Secretary of State Mark Hammond, Treasurer Curtis Loftis, Attorney General Alan Wilson, Comptroller General Richard Eckstrom, Education Superint (AP Photo/Meg Kinnard, File)

The constitution allows Eckstrom a hearing in his own defense if that is what he wants, though the exact procedure isn't clear. Several senators also could not remember the process being used since it was added more than 50 years ago.

"We're consulting… right now to ensure we do the correct procedures," Grooms said. "He'll have an opportunity to rebut."

Eckstrom responded to the Wednesday Senate report by stating he isn't quitting, adding that his office worked "tirelessly" to find and fix the problem in 2013. The AP said the problem wasn't reported to lawmakers or government officials until months ago.

The error started as a $12 million coding error in 2007 and was compounded when the state switched accounting systems four years later in 2011, according to what Eckstrom has told senators at recent hearings.

It was discovered that state cash transferred to colleges and universities was being counted twice and Eckstrom allegedly ignored repeated warnings from auditors. He is also accused of waiting five years to conduct a full review of accounts that eventually assisted in uncovering the problem about a year ago.

Grooms said once Eckstrom is dealt with, he expects the Senate will take up other matters his subcommittee recommended like dismantling his agency and sending duties to other offices.

South Carolina Sen. Larry Grooms, R-Bonneau, introduces a resolution calling for the governor to remove state Comptroller General Richard Eckstrom from office if the House and Senate approve with a two-thirds vote. (AP Photo/Jeffrey Collins)

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Eckstrom has run unopposed in the past two elections. He last had a challenger in the Republican primary in 2010.

He said he would support a constitutional amendment making his job one appointed by the governor, but in the meantime, he will be focusing on the job he was elected to do, adding that he will not be "distracted by anyone."

The Associated Press contributed to this report.

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California wild fires: Furious Palisades resident challenges Governor Gavin Newsom over disaster response

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California wild fires: Furious Palisades resident challenges Governor Gavin Newsom over disaster response

A woman from the fire-ravaged Pacific Palisades area of Los Angeles has offered to “fill up the hydrants myself” as she confronted state governor Gavin Newsom over his response to the disaster.

Rachel Darvish, a lawyer who has lived in the Palisades all her life, was forced to flee her home along with many thousands of others because of the devastating flames.

She was speaking to Sky correspondent Martha Kelner when she saw Mr Newsom in the street and rushed up to his vehicle.

California wildfires latest – Harry and Meghan’s call

Mr Newsom said he was trying to call the president to secure more help
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Mr Newsom said he was trying to call the president to secure more help

California wildfires Gavin Newsom Rachel Darvish
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Rachel Darvish rushed to Governor Newsom’s car

Shouting to him that her daughter’s school had been destroyed in the fires, she demanded to know “what you’re going to do”.

Holding up his phone, he told her he was “literally talking to the president [Joe Biden] right now to specifically answer the question of what we can do for you and your daughter”, adding he had tried “five times” but couldn’t get through.

Authorities have been criticised for an alleged sluggish response to the catastrophe, including from Hollywood celebrities whose homes have been damaged.

More on California Wildfires

Ms Darvish, whose own home survived the fires, but who has many neighbours whose properties had burned to the ground, said she didn’t believe him and demanded to watch him make the call.

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Aerial views reveal LA destruction

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‘Every single house burned to the ground’

He repeated that he was calling “to immediately get reimbursements, individual assistance and to help”, adding that he was “devastated for you… especially for your daughter”.

Ms Darvish then asked him why there was “no water in the hydrants?”. She said she “would fill up the hydrants myself”, before asking him if it was going be different “next time?”.

He replied: “It has to be. Of course,” adding that he was calling the president “to address everything I can right now, including making sure people like you are safe”.

Soon afterwards, he got in his car and drives off.

Five people have died in the series of wildfires, driven by ferocious winds, that have raged through the Los Angeles area, ravaging communities from the Pacific Coast to Pasadena, forcing more than 179,000 people to leave their homes.

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More deaths are likely, officials have said.

The blazes have burned across more than 17,000 acres in Pacific Palisades, where the fires are 0% contained, according to the Fire Department’s latest update.

More than 10,000 acres are ablaze across the fires – named Eaton, Hurst, Lidia and Sunset.

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Santa Anita postpones Friday’s card due to fires

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Santa Anita postpones Friday's card due to fires

Santa Anita Park postponed Friday’s racing program until Jan. 16 because of poor air quality forecast in Arcadia, California, near the Eaton Fire.

The California Horse Racing Board approved the rescheduling of the 10-race card, which will be run with the horses previously entered.

“While Santa Anita continues to remain well outside of any active fire area, the smoke from the wildfires is affecting all of Los Angeles County,” track general manager Nate Newby said Thursday. “We also want to respect the impact that this tragedy has had on many of our community, including our horsemen and women and our own Santa Anita team, who have been devastated by these fires.”

A decision on Saturday and Sunday’s racing will be made Friday.

The track was handing out N-95 masks to all backstretch and frontside workers as well as protective eyewear because of the smoke.

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Technology

Nvidia’s tiny $3,000 computer steals the show at CES

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Nvidia's tiny ,000 computer steals the show at CES

Nvidia CEO Jensen Huang speaks about Project Digits personal AI supercomputer for researchers and students during a keynote address at the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2025. Gadgets, robots and vehicles imbued with artificial intelligence will once again vie for attention at the Consumer Electronics Show, as vendors behind the scenes will seek ways to deal with tariffs threatened by US President-elect Donald Trump. The annual Consumer Electronics Show (CES) opens formally in Las Vegas on January 7, 2025, but preceding days are packed with product announcements. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)

Patrick T. Fallon | Afp | Getty Images

Nvidia CEO Jensen Huang was greeted as a rock star this week CES in Las Vegas, following an artificial intelligence boom that’s made the chipmaker the second most-valuable company in the world.

At his nearly two-hour keynote on Monday kicking off the annual conference, Huang packed a 12,000-seat arena, drawing comparisons to the way Steve Jobs would reveal products at Apple events.

Huang concluded with an Apple-like trick: a surprise product reveal. He presented one of Nvidia’s server racks and, using some stage magic, held up a much smaller version, which looked like a tiny cube of a computer.

“This is an AI supercomputer,” Huang said, while donning an alligator skin leather jacket. “It runs the entire Nvidia AI stack. All of Nvidia’s software runs on this.”

Huang said the computer is called Project Digits and runs off a relative of the Grace Blackwell graphics processing units (GPUs) that are currently powering the most advanced AI server clusters. The GPU is paired with an ARM-based Grace central processing unit (CPU). Nvidia worked with Chinese semiconductor company MediaTek to create the system-on-a chip called GB10.

Formerly known as the Consumer Electronics Show, CES is typically the spot to launch flashy and futuristic consumer gadgets. At this year’s show, which started on Tuesday and wraps up on Friday, several companies announced AI integrations with appliances, laptops and even grills. Other major announcements included a laptop from Lenovo which has a rollable screen that can expand vertically. There were also new robots, including a Roomba competitor with a robotic arm.

CES 2025: AI Tech on Display

Unlike Nvidia’s traditional GPUs for gaming, Project Digits isn’t targeting consumers. instead, it’s aimed at machine learning researchers, smaller companies, and universities that want to developed advanced AI but don’t have the billions of dollars to build massive data centers or buy enough cloud credits.

“There’s a gaping hole for data scientists and ML researchers and who are actively working, who are actively building something,” Huang said. “Maybe you don’t need a giant cluster. You’re just developing the early versions of the model, and you’re iterating constantly. You could do it in the cloud, but it just costs a lot more money.”

The supercomputer will cost about $3,000 when it becomes available in May, Nvidia said, and will be available from the company itself as well as some of its manufacturing partners. Huang said Project Digits is a placeholder name, indicating it may change by the time the computer goes on sale.

“If you have a good name for it, reach out to us,” Huang said.

Diversifying its business

The Nvidia Project Digits supercomputer during the 2025 CES event in Las Vegas, Nevada, US, on Wednesday, Jan. 8, 2025. 

Bridget Bennett | Bloomberg | Getty Images

“It was a little scary to see Nvidia come out with something so good for so little in price,” Melius Research analyst Ben Reitzes wrote in a note this week. He said Nvidia may have “stolen the show,” due to Project Digits as well other announcements including graphics cards for gaming, new robot chips and a deal with Toyota.

Project Digits, which runs Linux and the same Nvidia software used on the company’s GPU server clusters, represents a huge increase in capabilities for researchers and universities, said David Bader, director of the Institute for Data Science at New Jersey Institute of Technology.

Bader, who has worked on research projects with Nvidia in the past, said the computer appears to be able to handle enough data and information to train the biggest and most cutting-edge models. He told CNBC Anthropic, Google, Amazon and others “would pay $100 million to build a super computer for training” to get a system with these sorts of capabilities.

For $3,000, users can soon get a product they can plug into a standard electrical outlet in their home or office, Bader said. It’s particularly exciting for academics, who have often left for private industry in order to access bigger and more powerful computers, he said.

“Any student who is able to have one of these systems that cost roughly the same as a high-end laptop or gaming laptop, they’ll be able to do the same research and build the same models,” Bader said.

Reitzes said the computer may be Nvidia’s first move into the $50 billion market for PC and laptop chips.

“It’s not too hard to imagine it would be easy to just do it all themselves and allow the system to run Windows someday,” Reitzes wrote. “But I guess they don’t want to step on too many toes.”

Huang didn’t rule out that possibility when asked about it by Wall Street analysts on Tuesday.

He said that MediaTek may be able to sell the GB10 chip to other computer makers in the market. He made sure to leave some mystery in the air.

“Obviously, we have plans,” Huang said.

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