Story: From OpenAI’s soaring revenue to Nvidia’s rise in the rankings, this is Generation AI.
OpenAI’s revenue exceeded $2 billion.
According to a report in the Financial Times.
ChatGPT’s creators say they believe they can more than double that number by 2025.
President Sam Altman is reportedly in talks with investors to raise up to $7 trillion to fund production of new chips.
Nvidia president Jensen Huang says every country needs its own AI infrastructure.
“Own your own national information. You can’t allow it to be done to others. And that’s real recognition. We’ve democratized AI computation and AI infrastructure, so the rest is really yours.” It’s up to us to take the initiative and revitalize the industry and build the infrastructure as quickly as possible. ”
Huang was speaking in Dubai as the value of his semiconductor company soars again.
This week, Nvidia overtook Amazon in total market value.
The search for the next Nvidia has caused Arm Holdings’ stock price to soar.
The UK-based chip design company’s share price rose 80% in a few days.
Analysts say the company’s technology is in demand for designing chips for AI functions.
Disney leveraged AI to power new advertising tools.
Dubbed the “Disney Magic Word,” it allows companies to tailor their commercials to the mood of a particular scene in a movie or TV show.
And Google has rebranded its chatbot.
Formerly called “Bard” and now called “Gemini,” the search giant says consumers will have the option to pay for enhanced inference capabilities.
