AI Frenzy Unleashed: Nvidia Rockets to $5T, Google’s Gemini Enterprise Debuts, and Global AI Battles Heat Up
AI Market and Investments The stock market is pricing in massive AI bets. Nvidia became the first $5 trillion company (in late October) as its chips power most generative AI models reuters.com. Hargreaves Lansdown analyst Matt Britzman hailed the milestone: “Nvidia hitting a $5 trillion market cap is more than a milestone; it’s a statement” reuters.com, noting Nvidia’s shift from hardware vendor to “industry creator.” Even with such gains, some experts warn of overheating – a Reuters piece noted concerns of a possible bubble once cash flows are demanded reuters.com. Meanwhile, Meta, Alphabet and Microsoft are doubling down on building out