Tag: NVIDIA

This article examines Apple's latest move to restrict the use of 3rd-party AI and ChatGPT tools for their employees as well as their plans to develop their own AI technology. John Gianandrea, former head of Google's AI division, is now Apple's SVP of AI, and Microsoft-backed OpenAI's ChatGPT has been recognised for its capabilities. Apple's decision highlights their commitment to pioneering AI development.

Investing in AI technology is mounting, with reports from Bank of America showing a potential 'baby bubble' in the making reminiscent of dot-com era in the late 90s. Bill Ackman's big bet with Alphabet and OpenAI's Chatbot have grabbed the public's attention. With an increase in US bond yields and doubling of share prices in companies such as Nvidia and Met Platforms, the Federal Reserve could burst this bubble. Be aware of the risk of a repeat of the 2000 dot.com burst.

OpenAI, a leading artificial intelligence company, co-founded by tech mogul Sam Altman, visited Nigeria for an exclusive event hosted by the Muson Centre in Lagos. The conference promoted the possibilities of AI in the African tech space and featured meetings with tech investors, executives, and founders. Rumors are that OpenAI is seeking local developers to implement the use of their API in various services. Altman plans to improve the company's public image and gain further profitability in the continent.

Jensen Huang, co-founder & CEO of chip giant Nvidia, experienced a 98% rise in his wealth in the past year due to the AI revolution and the swift penetration of the ChatGPT technology. He is amongst the 44 richest people in the world, a testament to the power of ChatGPT.

This article talks about the US stock market which is gaining significantly due to artificial intelligence tools such as ChatGPT. Learn about the tech giants involved, cost-saving measures, and how British Telecom has benefited from AI. AI technology is projected to bring immense growth to the stock market.