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Top tech firms like Amazon, Microsoft, Meta, and Alphabet are on track to spend over $200 billion on AI development in 2024, a significant increase despite Wall Street’s initial skepticism regarding returns. This surge reflects the AI boom ignited by tools like ChatGPT, pushing companies to invest heavily in high-end chips, extensive data centers, and […]

In a groundbreaking turn of events on October 25, 2024, Nvidia briefly overtook Apple to become the world’s most valuable company, with its stock market valuation reaching an unprecedented $3.53 trillion. This shift underscores Nvidia’s monumental influence in the AI hardware sector, driven by unprecedented demand for its cutting-edge supercomputing AI chips. Meanwhile, Apple, a