NVIDIA's leadership position in the field of artificial intelligence is undeniable. Recently, the company's quarterly financial report revealed that NVIDIA sold $31 billion worth of AI systems in the last quarter. Jensen Huang, co-founder and CEO of the company, emphasized the importance of AI applications across various industries during a conversation with Wall Street analysts. In this discussion, Huang mentioned Google's NotebookLM tool, stating that he uses this AI tool 'very frequently'.
Recently, OpenAI CEO Sam Altman has been actively pushing for a financing round of up to $150 million to support semiconductor startup RainAI. This initiative aims to challenge NVIDIA in an effort to capture a share of the artificial intelligence hardware market. RainAI's valuation has risen to $600 million in this financing, highlighting its growing impact in the field of high-performance and energy-efficient semiconductors. Image source note: The image is AI-generated.