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Nvidia's rocket-ship ride in the stock market underscores the extent to which chip quality and availability will dictate the winners in the generative AI era. But there's another aspect to measuring early leads in the space. In China, which is angling to produce its own chips or get more from Nvidia, no dominant gen AI contender to OpenAI has emerged yet among dozens of Chinese tech titans and startups.
Tech giants aren't doing much acquiring these days, due mostly to an unfavorable regulatory environment. But they're finding other ways to spend billions of dollars on the next big thing.
TOKYO -- U.S. tech companies have come to dominate multiple facets of the burgeoning market for generative artificial intelligence, with market shares of 70% to more than 90% depending on the field.
To join the CNBC Technology Executive Council, go to cnbccouncils.com/tec
On March 18, CEO Jensen Huang’s keynote presentation at Nvidia’s GPU Technology Conference (GTC 2024) provided an impressive demonstration of the competition Huawei and other Chinese high-tech companies face alongside the punitive challenge of US-led sanctions.
Taiwan shares notched fresh all-time highs on Friday as a booming demand for artificial intelligence and semiconductor technology boosts investor optimism for the country's tech firms.
TOKYO – Surging stocks aren’t always good news, especially when the current artificial intelligence (AI)-driven boom underway gives Asia yet another big reason to fret.
In November 2023, at an all-hands meeting with employees, Nvidia CEO Jensen Huang was asked whether the company would follow the lead of Apple and Disney and suspend its advertising on X due to rising levels of antisemitism and other hate speech on the platform.