Microsoft and Nvidia briefly outranked Apple as the world’s most valuable companies, driven by their investments in AI.
These tech giants anticipated the AI boom, with Microsoft backing OpenAI and Nvidia focusing on AI chip development early on.
Despite their recent dips in stock prices, their strategic bets have paid off so far. However, concerns about AI’s energy consumption and the industry’s maturity highlight potential challenges ahead.
As these companies vie for AI dominance, the landscape of global tech wealth remains unpredictable.
Credit : BBC
https://www.bbc.com/news/articles/c4nglq80w7eo