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The shares surged as much as 10% in aftermarket trading, boosting Huangs total fortune to $46.1 billion, according to the Bloomberg Billionaires Index. If that gain can be sustained, Huang is poised to end up among the worlds 25 wealthiest individuals, the index shows.
Korea's finance ministry unveiled a set of measures Thursday to pave the way for the growth of the country's artificial intelligence chip and urban air mobility (UAM) industries in line with efforts to foster new growth engines.
IBM is hoping to take advantage of the boom in generative AI technologies that can write human-like text more than a decade after Watson, its first major AI system, failed to gain market traction.
Nvidia's Jensen Huang told reporters that expanding in Europe was a "wonderful idea."
Microsoft is developing its own artificial intelligence chip code-named ‘Athena’ that will power the technology behind AI chatbots like ChatGPT. The chips will be used to process massive amounts of data, recognize patterns and create new outputs to mimic human conversation