Businesses are reaping the rewards of the AI gold rush, with market values soaring due to the potential of artificial intelligence. Dell’s share price jumped by over 30% in a day, and Together AI’s valuation skyrocketed from $500m to $1.3bn. Nvidia, a maker of AI chips, has also experienced significant growth. The AI boom has led to fierce competition between companies across various layers of the AI stack. The Economist’s analysis delves into the winners of the AI boom and the companies that inhabit the AI stack, shedding light on the latest AI innovations and the intense competition within the industry.
Source: www.economist.com
Date: 2024-03-17 10:11:53
