Artificial intelligence (AI) is a technology that copies how people think and process information, making it useful for companies in many innovative fields. AI chips process large amounts of data in emerging AI technology. As an essential component, companies involved in the design and manufacturing of AI chips are likely to benefit from the growth of AI development. In 2023, the AI sector attracted a lot of media coverage and investors. The potential size of the AI market is still unknown because we keep finding new ways to use AI technology. AI chip companies in this list are likely to benefit from the growing interest in the AI market.
Wall Street Today | Market Flat Despite Nvidia's Drop, Direction is Changing
Apple is reportedly in talks to invest in OpenAI and Nvidia is also interested in participating in the investment.
①On Wednesday, there was news that OpenAI is in talks for a new round of financing, planning to raise billions of dollars with a valuation of over $100 billion; ②Insiders said that Apple is negotiating to invest in OpenAI, and Nvidia has also discussed joining the latest financing of OpenAI.
OpenAI and Anthropic have agreed to submit the new model for assessment of safety by the USA government.
The USA AI Safety Institute will conduct a security assessment of the new AI models from OpenAI and Anthropic to ensure that technological progress does not bring social risks. The institute was established in 2023 and is a result of the executive order from the Biden-Harris administration, aiming to promote responsible AI innovation. The top executives of OpenAI and Anthropic have expressed their support for the collaboration and emphasized the importance of safety in AI development.
Nvidia Stock Dips Despite Q2 Earnings Beat — Is The AI Rally Fading?
$1000 Invested In Advanced Micro Devices 10 Years Ago Would Be Worth This Much Today
Following in the footsteps of Microsoft? Apple is reportedly also participating in the new financing of OpenAI.
According to the media, the new financing will make OpenAI's valuation exceed $100 billion, and it is not clear how much Apple and Microsoft have invested. Some netizens speculate that Apple CEO Cook must have seen the demonstration of OpenAI's mysterious project "Strawberry" and GPT-5.