The rising AI tide continues to lift all tech boats. And we mean all tech boats, even somewhat forgotten giants like Dell.
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A nuclear boom is directly downstream from the AI boom, with $350 billion in nuclear spending in the US planned by 2050, per Bloomberg.
OpenAI will put the chips to work in data centers that’ll power the staggering compute ChatGPT needs to remain everyone’s favorite therapist.
Unfortunately for Intel, the deal does not provide a direct lifeline to its floundering chipmaking foundry business.
Even for major AI firms, ‘you can’t do it alone.’
The company’s shares soared 250% in their New York Stock Exchange debut, yielding a market capitalization of $47 billion.
‘Part of the challenge is that (the executive orders) fundamentally misunderstand how the technology works’
The current surge in energy demand is virtually unprecedented since the mass effort to electrify America immediately following World War II.
Rising temperatures and massive new data centers are providing a massive stress test for the US power grid.
“This is bigger than one company. This is bigger than one government.”
As its relationship with OpenAI evolves and dissolves, Microsoft signals that it is single and ready to mingle in the AI space.
The technology is garnering interest for its energy-saving benefits.
Intel is far from the first company to consider new methods to power up data centers
“People are freaked out. And with uncertainty comes cautiousness with capital-heavy investments.”
Markets were left with no gains, no losses and a lot of questions about where the artificial intelligence boom is headed.