Recently, Accenture's earnings report wowed investors. The company's fourth-quarter revenue exceeded expectations, reaching $16.41 billion, a year-over-year increase of 2.6%. Particularly exciting is that Accenture's new business orders grew by 21%, reaching $20.1 billion, with orders for Generative AI surpassing $1 billion for the first time, totaling $3 billion for the year. Image source note: Image generated by AI, image licensed from Midjourney.

Palantir Technologies has entered into a partnership with Microsoft to provide secure cloud computing, artificial intelligence, and analytical capabilities to support the missions of defense and intelligence agencies of the U.S. government. This news resulted in an 11% increase in Palantir's stock price, and Microsoft's stock also saw an uptick. The collaboration allows the U.S. government to leverage Azure OpenAI services to access large language models, Microsoft’s partnership with OpenAI, and Palantir's AI platform.

Almost all of the wealth growth among the world's richest individuals this year has come from artificial intelligence. Nvidia's market value has surpassed Amazon for the first time, making it the market leader among chip manufacturers. Even knowledge and skills are being called into question.