OpenAI wants to develop its own AI processors, looks to UAE for funds

Apr 26

Sequoia commits to backing Elon Musk’s xAI start-up: Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivals

ft.com/content/fc8355e6-3219-4681-a4da-73feca50cd8a

Quick Glance: Sequoia backs Elon Musk’s xAI venture

Sequoia Capital, a well-known venture capital firm in Silicon Valley, has committed to supporting Elon Musk's artificial intelligence start-up xAI to help him raise billions and compete with OpenAI, Meta, and Google.

The exact amount of Sequoia's investment in xAI remains undisclosed.

Sequoia, an early investor in Google, YouTube, and Apple, has backed several Musk projects in recent years, including The Boring Company and SpaceX.

2 similar articles

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11

tomshardware Apr 13

Jim Keller suggests Nvidia should have used Ethernet to stitch together Blackwell GPUs — Nvidia could have saved billions

tomshardware.com/tech-industry/artificial-intelligence/jim-keller-suggests-nvidia-should-have-used-ethernet-to-stitch-together-blackwell-gpus

64

Apr 15

Nvidia CEO Huang Sees AI as Making Society More Equitable: Nvidia CEO Jensen Huang described AI as tech’s “single greatest contribution to social elevation.”

barrons.com/articles/nvidia-ceo-jensen-huang-ai-society-more-equitable-01d2e875

5

Apr 22

Top AI expert sees double-digit price opportunity: That's why joining Nvidia is still worth it

boerse-online.de/nachrichten/aktien/top-ki-experte-sieht-zweistellige-kurschance-darum-lohnt-sich-der-einstieg-bei-nvidia-noch-immer-20355771.html

11

Apr 23

China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show

39

Apr 12

Cathie Wood’s ARK Venture Fund Announces It Holds a Stake in OpenAI: Cathie Wood’s Ark Investment Management has announced that it holds a stake in Silicon ...

bloomberg.com/news/articles/2024-04-11/cathie-wood-s-ark-investment-management-announces-openai-stake

12

Apr 15

Nvidia CEO Jensen Huang Sees AI as the Great Equalizer: Nvidia CEO Jensen Huang described AI as tech’s “single greatest contribution to social elevation.”

on.barrons.com/4azFX3A

43

Apr 15

OpenAI is coming to Asia with its first office in Japan: The ChatGPT maker is releasing a GPT-4 custom model with improved performance in Japanese

qz.com/openai-expands-asia-opens-first-office-in-tokyo-japan-1851410135

1

Apr 13

One of Elon Musk's newer companies is eyeing an $18 billion valuation: A new report found that investor are in talks to raise $3 billion for Elon Musk's AI ...

thestreet.com/technology/xai-artificial-intelligence-elon-musk-companies-valuation-investors-report

118

Apr 09

Musk predicts: AI will be smarter than the smartest human in 2025 or 2026: The Tesla boss commented on the future of AI in an interview on Monday.

diepresse.com/18349283/musk-prophezeit-ki-wird-2025-oder-2026-klueger-sein-als-der-kluegste-mensch

99

Apr 12

OpenAI's Sam Altman is trying to poach some of Microsoft's customers: OpenAI CEO Sam Altman has hosted top business executives to pitch its enterprise AI ...

qz.com/openai-sam-altman-reportedly-poach-microsoft-customers-1851405864

37

Apr 11

AI is powering Google to a $2 trillion market cap: Google parent Alphabet's stock is up more than 15% so far this year, and more than 51% over the last 12 months

qz.com/google-alphabet-stock-market-cap-ai-1851404173

1

Apr 09

Tesla's Musk predicts AI will be smarter than the smartest human next year: The billionaire founded xAI last year as a challenger to OpenAI

gulfnews.com/technology/teslas-musk-predicts-ai-will-be-smarter-than-the-smartest-human-next-year-1.1712636705286

Quick Glance: Elon Musk Predicts AI Surpassing Human Intelligence Next Year

Elon Musk predicts that artificial intelligence will surpass human intelligence by the end of next year, given the necessary infrastructure to meet technological demands.

Musk anticipates that AI capabilities will likely exceed those of all humans in the next five years.

A series of AI breakthroughs in the past 18 months have accelerated development faster than expected, with Musk being more optimistic than previous forecasts.

Musk has intensified his efforts to enter the AI race by seeking funding for his own AI startup to compete with OpenAI, while also advocating for a pause in the development of advanced AI systems.

84

Apr 07

Wall Street Is Searching for AI Winners Across Emerging Markets: Some of the world’s biggest money managers are searching for the next wave of artificial ...

bloomberg.com/news/articles/2024-04-07/wall-street-hunts-ai-winners-beyond-nvidia-in-emerging-markets

12

Apr 06

Upscaling technologies: DLSS 3.7 vs. FSR 2.2 vs. XeSS 1.3 in direct comparison [Report]

pcgameshardware.de/Grafikkarten-Grafikkarte-97980/News/Upscaling-Technologien-im-Vergleich-1444695/

48

Apr 15

Big tech in danger? Why the Magnificent 7 could soon be just 5 stocks, according to top experts

boerse-online.de/nachrichten/aktien/big-tech-in-gefahr-darum-koennten-laut-top-experten-die-magnificent-7-bald-nur-noch-5-aktien-sein-20355218.html

7

5

tomshardware Apr 09

Elon Musk says the next-generation Grok 3 model will require 100,000 Nvidia H100 GPUs to train

tomshardware.com/tech-industry/artificial-intelligence/elon-musk-says-the-next-generation-grok-3-model-will-require-100000-nvidia-h100-gpus-to-train

13

Apr 23

Vietnam's FPT to invest $200 mln in AI factory using Nvidia chips: Vietnam's top tech firm FPT plans to build a $200 million artificial intelligence (AI) factory ...

reuters.com/technology/vietnams-fpt-invest-200-mln-ai-factory-using-nvidia-chips-2024-04-23/

57

Apr 21

Large language models are getting bigger and better : Can they keep improving forever?

economist.com/science-and-technology/2024/04/17/large-language-models-are-getting-bigger-and-better

20

Mar 29

OpenAI and Microsoft reportedly planning $100 billion datacenter project for an AI supercomputer

tomshardware.com/tech-industry/artificial-intelligence/openai-and-microsoft-reportedly-planning-dollar100-billion-datacenter-project-for-an-ai-supercomputer

160

Apr 12

AI companies are running out of data for training chatbots so Adobe keeps paying for it

qz.com/adobe-ai-training-data-artists-pay-1851407658

1

0 1

The Wall Street Journal

B

Apr 04

Tesla Is Boosting AI Engineer Pay in Talent War, Musk Says: Tesla is raising compensation for its artificial intelligence engineers in a bid to ward off poaching ...

on.wsj.com/3U3g9H6

Quick Glance: Potential Risk: Tesla Stock Price Faces Dramatic Decline

Per Lekander labels Tesla as the largest stock market bubble in modern history.

He warns that the absence of growth endangers Tesla's stock price and poses a risk of collapse.

Lekander forecasts a potential drop in the stock price to just $14 per share, reflecting a 91% decrease. He critiques Tesla's business model and highlights current demand challenges.

139

Apr 22

Jim Keller on AI: "In 10 years, all software will be gone": Well-known chip designer Jim Keller has outlined his visions for AI in an interview ...

heise.de/news/Jim-Keller-ueber-KI-In-10-Jahren-ist-alle-Software-weg-9692706.html

17

Apr 09

Elon Musk’s friends are reportedly looking to help raise $3 billion for his AI startup as it plays catch-up with rivals OpenAI and Anthropic

fortune.com/2024/04/06/elon-musk-artficial-intelligence-xai-startup-3-billion-fundraising-openai-anthropic/

368

Apr 09

Here's Why We Should Listen to Elon Musk on AI Bypassing Human Smarts: Musk has long predicted AI is capable of beating human brainpower. He's moved up his ...

inc.com/kit-eaton/heres-why-we-should-listen-to-elon-musk-on-ai-bypassing-human-smarts.html

65

Apr 16

A.I.’s Original Sin: A Times investigation found that tech giants altered their own rules to train their newest artificial intelligence systems.

nytimes.com/2024/04/16/podcasts/the-daily/ai-data.html

40

Apr 09

Intel reveals details of new AI chip to fight Nvidia dominance: Intel detailed a new version of its artificial intelligence chip at its Vision event on Tuesday ...

reuters.com/technology/intel-reveals-details-new-ai-chip-fight-nvidia-dominance-2024-04-09/

53

Mar 20

RTX off, AI on: Jensen says we'll see fully AI-generated games in 5-10 years: In a press Q&A at GTC 2024, Jensen discussed AI generated content including Sora ...

tomshardware.com/pc-components/gpus/rtx-off-ai-on-jensen-says-well-see-fully-ai-generated-games-in-5-10-years

Quick Glance: AI-generated Games in 5-10 Years

The Nvidia GPU Technology Conference unveiled the Blackwell AI GPU B200, with CEO Jensen expecting AI-generated games within 5 to 10 years.

GPU focus shifts to AI-generated content like Chat-GPT and Sora, potentially revolutionizing game development.

AI-powered NPCs and game development tools like ACE could revolutionize the gaming world and democratize access to programming.

The future may be shaped by AI-assisted games, but whether this leads to better games remains to be seen.

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505

. 18

TechCrunch Mar 24

Nvidia could be primed to be the next AWS: The question is whether Nvidia can sustain that growth to become a long-term revenue powerhouse like AWS has become ...

techcrunch.com/2024/03/24/nvidia-could-be-primed-to-be-the-next-aws/

63

Apr 03

Google just hired a former OpenAI executive to boost its AI efforts: Logan Kilpatrick helped AI developers bring their products to life at the Sam Altman-led ...

qz.com/google-hires-ex-open-ai-leader-gemini-1851385096

0

Mar 27

Musk says xAI’s chatbot Grok will be available to all premium X subscribers : Elon Musk announced Tuesday his artificial intelligence company xAI’s chatbot Grok ...

thehill.com/policy/technology/4558257-musk-xais-chatbot-grok-available-all-premium-subscribers/

Quick Glance: New Availability of Grok AI Announced for X Premium Subscribers

Elon Musk has officially announced that Grok, the AI chatbot from Musk's xAI, is now accessible to all X Premium users. Previously, Grok was exclusively available to X Premium+ subscribers.

In March of this year, xAI took a significant step by releasing Grok as an open-source project. This move enables developers and researchers to leverage the powerful 'weights and architecture' behind xAI's Grok chatbot for their projects at no cost.

The release of Grok is under the Apache 2.0 license, allowing commercial use. Reports indicate that Grok is now available on GitHub, allowing anyone to freely experiment with the 'raw' basic version of the pre-trained Grok big language models.

Grok, the 'conversational AI for understanding the universe,' was first introduced to the public at the end of 2023. The Grok chatbot can access real-time X data, which sets it apart from competitors, aiming to establish itself as a more modern and edgy alternative to other chatbots.

256

Apr 04

Nvidia, Indosat plan $200 mln AI centre investment in Indonesia, government says: Nvidia and Indonesia's telco firm PT Indosat Ooredoo Hutchison plan to build an ...

11

Apr 14

AI companies are running out of data for training chatbots so Adobe keeps paying for it

qz.com/adobe-ai-training-data-artists-pay-1851407658

15

1 0

Insider (news website)

B-

Apr 23

Microsoft has started blocking employee access to Perplexity AI: Microsoft blocks employee access to Perplexity AI, a major Azure OpenAI customer.

businessinsider.com/microsoft-blocking-perplexity-ai-employee-access-2024-4

Paid articlePaid

3 similar articles

21

3

Frankfurter Allgemeine Zeitung

A-

Mar 28

Nvidia versus Amazon and co: the race for the superchips: Artificial intelligence needs special semiconductor components. These come from stock market star ...

faz.net/aktuell/wirtschaft/unternehmen/nvidia-gegen-amazon-und-co-das-rennen-um-die-superchips-19615594.html

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1

tomshardware Mar 28

Lenovo says demand for AMD's Instinct MI300 is record high — plans to offer AI solutions from all important hardware vendors

tomshardware.com/tech-industry/artificial-intelligence/lenovo-says-demand-for-amds-instinct-mi300-is-record-high-plans-to-offer-ai-solutions-from-all-important-hardware-vendors

0 similar articles

14

1 7

Frankfurter Allgemeine Zeitung

A-

Mar 30

Artificial intelligence: OpenAI presents program for cloning voices: OpenAI has presented a program that can be used to clone voices from a short audio snippet ...

faz.net/aktuell/wirtschaft/unternehmen/kuenstliche-intelligenz-openai-stellt-programm-zum-klonen-von-stimmen-vor-19621348.html

1 similar article

2

0 2

tomshardware Mar 18

Nvidia’s next-gen AI GPU is 4X faster than Hopper: Blackwell B200 GPU delivers up to 20 petaflops of compute and other massive improvements

tomshardware.com/pc-components/gpus/nvidias-next-gen-ai-gpu-revealed-blackwell-b200-gpu-delivers-up-to-20-petaflops-of-compute-and-massive-improvements-over-hopper-h100

26

Apr 06

How Tech Giants Cut Corners to Harvest Data for A.I.: OpenAI, Google and Meta ignored corporate policies, altered their own rules and discussed skirting ...

nytimes.com/2024/04/06/technology/tech-giants-harvest-data-artificial-intelligence.html

105

Apr 16

Google will spend more than $100 billion on AI, exec says: Just last month, Google DeepMind CEO Demis Hassabis said the billions of dollars being poured into AI ...

qz.com/google-spend-100-billion-ai-development-deepmind-ceo-1851412787

Quick Glance: Google to Surpass Microsoft in AI Investment, DeepMind CEO Affirms

Many of us have fallen under the spell of the foundation model in the past year and a half, triggered by OpenAI's unveiling of ChatGPT.

DeepMind, acquired by Google in 2014 for a reported £400-650 million, has achieved more impressive milestones than most.

Deep Mind's CEO Demis Hassabis confirmed at the TED 40th anniversary conference in Vancouver, Canada, that Google has no intention of slowing down investment in the technology, but rather the opposite.

Hassabis emphasized the need to avoid an artificial intelligence arms race that could lead to risky decisions and highlighted the importance of society starting to think about the types of architectures being built as we approach achieving artificial general intelligence.

6

Mar 20

New mega price targets for Nvidia shares: Can the stock still live up to the hype?

boerse-online.de/nachrichten/aktien/neue-mega-kursziele-fuer-aktie-von-nvidia-kann-der-titel-dem-hype-noch-gerecht-werden-20353411.html

29

Apr 21

Lights, camera, algorithm: How artificial intelligence is being used to make films

thenationalnews.com/future/technology/2024/04/19/lights-camera-algorithm-how-artificial-intelligence-is-being-used-to-make-films/

11

Mar 26

Exclusive: Behind the plot to break Nvidia’s grip on AI by targeting software: Nvidia earned its $2.2 trillion market cap by producing artificial-intelligence ...

36

Apr 15

Elon Musk’s xAI debuts its first multimodal model ‘Grok-1.5 Vision’ in race to better compete with OpenAI

financialexpress.com/life/technology-elon-musks-xai-debuts-its-first-multimodal-model-grok-1-5-vision-in-race-to-better-compete-with-openai-3456305/

5

Mar 29

Elon Musk's Newest AI Chatbot Outperformed ChatGPT in One Key Area: Elon Musk's Grok-1.5 AI chatbot has improved in coding and math ...

entrepreneur.com/business-news/how-elon-musks-new-grok-ai-stacks-up-against-competitors/471906

28

18h

Chip Stocks Boom As Google And Microsoft’s Big Bets On AI Start Paying Off: Microsoft and Alphabet hailed the emerging technology following strong earnings ...

forbes.com/sites/roberthart/2024/04/26/chip-stocks-boom-as-google-and-microsofts-big-bets-on-ai-start-paying-off/

Quick Glance: UK Watchdog Scrutinizes AI Partnerships Involving Tech Giants

Britain's competition watchdog is reviewing AI partnerships between Microsoft and Mistral AI, as well as between Amazon and Anthropic.

Third-party opinions are being sought on Microsoft's hiring of former Inflection AI employees and related arrangements.

The CMA is already investigating Microsoft's partnership with Open AI and is awaiting requested information from the companies.

Views are invited until May 9 before formal investigations begin on the partnerships.

6

Apr 22

Some Analysts Question Nvidia's Long-Term Dominance in AI: The company's AI accelerators' high pricing and power consumption have led to some analysts ...

extremetech.com/computing/some-analysts-question-nvidias-long-term-dominance-in-ai

0 similar articles

19

12

The Wall Street Journal

B

21h

Exclusive | OpenAI’s Sam Altman and Other Tech Leaders to Serve on AI Safety Board

wsj.com/tech/ai/openais-sam-altman-and-other-tech-leaders-to-serve-on-ai-safety-board-7dc47b78

21

Mar 22

Micron Sold All of Its High Bandwidth Memory Supply for 2024 and Most of 2025: The high-bandwidth memory market is exploding due to its usage in AI accelerators.

extremetech.com/computing/micron-sold-all-of-its-high-bandwidth-memory-supply-for-2024-and-most-of

160

Mar 26

Adobe has a bunch of new AI tools — and a Microsoft partnership: But Adobe did not announce any video capabilities, leaving OpenAI and its recently announced ...

qz.com/adobe-ai-tools-genstudio-microsoft-openai-video-1851367044

1

Apr 10

Adobe (ADBE) Is Buying Videos to Build Its AI Text-to-Video Generator: Adobe Inc. has begun to procure videos to build its artificial intelligence text-to-video ...

bloomberg.com/news/articles/2024-04-10/adobe-is-buying-video-clips-for-3-per-minute-to-build-ai-model

22

Apr 23

Tech Giants Promise to Crack Down on AI-Generated Child Porn: Deepfake nudes have plagued middle and high schools this year, and AI has made it easier for ...

thedailybeast.com/tech-giants-promise-to-crack-down-on-ai-generated-child-porn

16

Mar 19

Jensen Huang Has Become the Steve Jobs of AI: The Nvidia CEO, alone on the stage, used Monday’s GTC developers conference to talk about the company’s ...

barrons.com/articles/jensen-huang-nvidia-ai-gtc-steve-jobs-keynote-5ba0471b

38

Mar 18

Elon Musk Releases the AI Model Behind Grok, a Competitor to OpenAI's ChatGPT

entrepreneur.com/business-news/elon-musk-xai-open-source-grok-ai-model-how-to-find-it/471319

Quick Glance: Grok-1 Chatbot Code Released - Open Source or Pandora's Box?

Elon Musk has released the code behind the xAI chatbot Grok-1, including the network architecture and model weights. The chatbot was released under the Apache 2.0 license and has 314 billion parameters that require hardware with sufficient GPU memory to run.

Critics have highlighted the relatively sluggish performance in benchmarks compared to other models. Grok-1 has access to real-time data via X.com and differs from other LLMs trained on data with a cutoff point in time.

Based on The Hitchhiker's Guide to the Galaxy model, Grok-1 is intended to answer almost anything and suggest questions. The release coincides with the first anniversary of OpenAI's GPT-4 model launch, while Musk is in legal disputes with former AI colleagues.

The release of Grok-1's code and weights aims to diverge from OpenAI's proprietary approach. Open-sourcing AI tools has sparked controversy, with concerns about potential abuse and arguments for the benefits of transparency.

69

Mar 29

AI Is Giving Nuclear Power a Big Lift. 4 Stocks Riding the Trend.: Data centers being built to run AI systems require lots of power. Nuclear power is ...

on.barrons.com/3TAMRyf

17

Mar 19

Nvidia shares up after company unveils latest AI chips: Nvidia stock rose 2% Tuesday afternoon after the company unveiled its latest generation of artificial ...

cnbc.com/2024/03/19/nvidia-stock-dips-after-company-unveils-latest-ai-chips.html

Quick Glance: Nvidia Expands Partnerships with Chinese EV Makers

Nvidia expands collaborations with Chinese automakers to advance self-driving vehicles and AI technology.

BYD to utilize Nvidia's Drive Thor chips for autonomous driving and digital functions.

Chinese auto brands intensify partnerships with Nvidia to enhance global presence.

Nvidia announces partnerships with companies like Cerence and Lenovo for AI technology development.

57

Apr 19

Meta AI Declares War On OpenAI, Google With Standalone Chatbot — What To Know About ‘Llama 3’ Model

11

Apr 19

Elon Musk’s Grok keeps making up fake news based on X users’ jokes: X likely hopes to avoid liability with disclaimer that Grok "can make mistakes."

arstechnica.com/tech-policy/2024/04/elon-musks-grok-keeps-making-up-fake-news-based-on-x-users-jokes/

10

Mar 23

Half-Life 2 RTX Remix: “Every single pixel” is checked: 20 years after its release, the Orbifold studio wants to significantly improve Half-Life 2's graphics ...

pcgameshardware.de/Half-Life-2-Spiel-5176/News/rtx-remix-mod-1443422/

45

Mar 18

Artificial intelligence semiconductor powerhouse Nvidia kicked off its annual developer conference with Chief Executive Jensen Huang unveiling the new flagship ...

40

Apr 04

The Intelligence: Bombs squad: The game theory was simpler during a cold war between two states armed to the teeth; the nuclear world order has since become far ...

play.acast.com/s/theintelligencepodcast/the-intelligence-bombs-squad

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39

9

Investor's Business Daily

D

Apr 10

Google In Buy Zone As It Joins AI Chip Bandwagon: Google stock reached a record high and sits in a buy zone. Shares got a lift on news of its new artificial ...

investors.com/research/google-stock-googl-artificial-intelligence-ai/

Quick Glance: Google Introduces New Data Center and AI Chips

Google recently unveiled details of an update to its data center AI chips and announced an Arm-based processor.

Google's Tensor Processing Units (TPUs) are a significant alternative to Nvidia's advanced AI chips, accessible through Google Cloud Platform.

The newly introduced Arm-based processor named Axion offers higher performance compared to x86 chips and general Arm chips in the cloud.

Google plans to utilize Axion for services like YouTube Ads in Google Cloud in the future, while the TPU v5p chips are now available through Google Cloud.

12 similar articles

7

1

tomshardware Mar 21

MediaTek rolls out first processors with built-in Nvidia graphics – aimed at bringing AI-powered entertainment to future vehicles

tomshardware.com/pc-components/gpus/mediatek-rolls-out-first-processors-with-built-in-nvidia-graphics-aimed-at-bringing-ai-powered-entertainment-to-future-vehicles

5 similar articles

8

1 .

Elektronik Praxis Mar 26

Nvidia Blackwell: AI revolution of the next generation: The chip company Nvidia wants to expand its leading role in artificial intelligence technology ...

elektronikpraxis.de/nvidia-stellt-blackwell-ki-chip-vor-a-7ec98cff80850ee562a3b6b64098c49e/

4

Mar 19

Meta does not expect new Nvidia chips to arrive until at least next year: Facebook owner Meta Platforms is not expecting to receive shipments of Nvidia's new ...

reuters.com/technology/meta-does-not-expect-new-nvidia-chips-arrive-until-least-next-year-2024-03-19/

37

Apr 18

The AI hype bubble is deflating. Now comes the hard part.: The tech industry got the world’s attention with AI. Now it’s busy convincing people to pay for it.

washingtonpost.com/technology/2024/04/18/ai-bubble-hype-dying-money/

64

Apr 15

These jobs will be replaced by AI, says the founder of OpenAI - Business Punk: Sam Altman, the founder of OpenAI and developer of ChatGPT, reveals the jobs that ...

business-punk.com/2024/04/diese-jobs-werden-von-ki-ersetzt-sagt-der-gruender-von-openai/

0 similar articles

6

5

tomshardware Mar 25

Tiny Corp decides to make both AMD and Nvidia versions of its TinyBox AI server - GeForce version is 67% more expensive

tomshardware.com/pc-components/gpus/tiny-corp-decides-to-make-both-amd-and-nvidia-versions-of-its-tinybox-ai-server-geforce-version-is-67-more-expensive

5

Apr 09

Palantir, Nvidia & Co: 6 tech stocks with up to 50% chance of winning in the next earnings season according to analysts

boerse-online.de/nachrichten/aktien/palantir-nvidia-co-6-tech-aktien-mit-bis-zu-50-kurschance-die-laut-analyst-in-der-naechsten-gewinnsaison-absahnen-20354681.html

2

0

Benzinga

B+

Apr 12

Market Turmoil Resumes As Inflation Rises More Than Expected, Oil Prices Spike, Gold At Record Highs: Thi

benzinga.com/markets/equities/24/04/38228298/market-turmoil-resumes-as-inflation-rises-more-than-expected-oil-prices-spike-gold-at-record-hig

1 similar article

0

BÖRSE ONLINE

C

Apr 05

Billion-dollar opportunity for Nvidia shares: Almost no investor has it on their radar

boerse-online.de/nachrichten/aktien/milliarden-chance-fuer-nvidia-aktie-fast-kein-anleger-hat-sie-auf-dem-schirm-20354354.html

3

0

Forbes

C+

Apr 07

The Billionaires Getting Rich From AI 2024: From Jensen Huang to Lisa Su, these new members of the Forbes list are already getting rich off artificial ...

forbes.com/sites/phoebeliu/2024/04/02/the-billionaires-getting-rich-from-ai-2024/

Quick Glance: Billionaires Profiting from AI 2024

The AI gold rush has led to a plethora of new billionaires in the sector, as surging values for both public and private companies with ties to AI have skyrocketed.

Over the past year, tech companies, both new and old, have seen massive share price increases, making the world's tech tycoons even richer and introducing over a dozen new AI billionaires into the Forbes World's Billionaires list.

Nvidia cofounder and CEO Jensen Huang serves as the poster child for this boom. However, other companies like Super Micro Computer, Advanced Micro Devices, and Cloudflare also benefited from the trend. Privately owned AI companies have also gained momentum, with AI-centric startups alone raising nearly $50 billion in funding last year.

Major tech giants like Microsoft, Amazon, and Alphabet have significantly contributed to financing private AI companies to compete in the AI race. However, it remains to be seen if and when the AI bubble will burst and funding could dry up.

14

Apr 10

TSMC posts fastest monthly revenue growth since 2022 on AI chip boom: TSMC posted a surge in revenue in March as it cashes in on a continuing artificial ...

cnbc.com/2024/04/10/tsmc-posts-fastest-monthly-revenue-growth-since-2022-on-ai-chip-boom.html

7

Mar 19

Microsoft Hires DeepMind Co-Founder Suleyman to Run Consumer AI: Suleyman and his team will join from OpenAI rival Inflection AI

4

Apr 04

Nvidia, Alphabet lead market cap surge in March

reuters.com/technology/global-markets-marketcap-2024-04-04/

1

Apr 23

Google's growth plans aren't so 'hunky-dory' anymore, search boss says: "I think we can agree that things are not like they were 15-20 years ago ...

qz.com/google-alphabet-growth-prabhakar-raghavan-1851429513

9 similar articles

1

0 0

Insider (news website)

B-

Mar 28

Uh-oh — it looks like ChatGPT's AI model got lazy again: Some users say OpenAI's most powerful model, GPT-4, is getting lazy again, leading them to try out ...

businessinsider.com/chatgpt-openai-lazy-again-users-defecting-rivals-anthropic-claude-2024-3

46

Apr 17

OpenAI's French rival Mistral AI says it's worth $5 billion: Mistral is reportedly talking to investors about raising hundreds of millions of dollars and seeking ...

qz.com/french-startup-mistral-ai-5-billion-valuation-1851415437

2

Mar 25

Samsung to Battle Nvidia in 2025 With Its New Mach-1 AI Chip: The company is pouring billions into R&D with plans to disrupt the AI market in the near future.

extremetech.com/computing/samsung-to-battle-nvidia-in-2025-with-its-new-mach-1-ai-chip

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Mar 29

OpenAI previews Voice Engine generator, acknowledging risks: OpenAI revealed its generative Voice Engine project in a blog post Friday.

nbcnews.com/tech/innovation/openai-previews-voice-engine-generator-acknowledging-risks-rcna145663

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Last Updated	Mar 17
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OpenAI wants to develop its own AI processors, looks to UAE for funds: