🔒 The AI gold rush: A new era of billionaires
In the wake of the AI boom, tech magnates like Nvidia's Jensen Huang and AMD's Lisa Su are amassing vast fortunes.
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In the wake of the AI boom, tech magnates like Nvidia's Jensen Huang and AMD's Lisa Su are amassing vast fortunes.
Microsoft is on an artificial-intelligence charm offensive around the world. The technology company’s latest commitment is for around $5.6 billion in AI...
The impact of AI must be front of mind for enforcers of merger control policy, the European Union's antitrust chief and digital EVP, Margrethe Vestager, said yesterday, warning that "wide-reaching" digital markets can lead to unexpected economic effects. Speaking during a seminar discussing how to prevent tech giants like Microsoft, Google and Meta from monopolizing AI, she gave a verbal shot across the bows of Big Tech to expect more -- and deeper -- scrutiny of their operations. Last month the EU said it would look into whether Microsoft’s investment in generative AI ...
The impact of AI must be front of mind for enforcers of merger control policy, the European Union's antitrust chief and digital EVP, Margrethe Vestager, Discussing how to prevent tech giants like Microsoft, Google and Meta from monopolizing AI, the European Commission's digital EVP and competition chief gave a verbal shot across the bows of Big Tech to expect more -- and deeper -- scrutiny.
The hype around generative AI brings a sense of déjà vu for some, but investors predict the market will cool rather than crash like Web3 did.