AI Frenzy Unleashed: Nvidia Rockets to $5T, Google’s Gemini Enterprise Debuts, and Global AI Battles Heat Up
Nvidia became the world’s first $5 trillion company as demand for its AI chips soared. Microsoft and OpenAI reset their partnership, with OpenAI set to buy $250 billion more in Azure services and Microsoft dropping its right of first refusal. Google launched Gemini Enterprise for business AI, while Meta and Alphabet sharply increased AI spending. Intel is in talks to acquire SambaNova, and the US Energy Department partnered with AMD to build two new AI supercomputers.