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Forget Nvidia: Billionaires Are Selling It and Buying 2 of Its Biggest Artificial Intelligence (AI) Rivals Instead [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Although nothing has surpassed the advent of the internet in terms of game-changing potential for corporate America, the rise of artificial intelligence (AI) may give it a run for its money. When discussing AI, I'm talking about the use of software and systems in place of humans. With machine learning, these systems can evolve over time without human intervention to become more proficient at their tasks, or perhaps expand their scope of work to include entirely new tasks. Last year, the analysts at PwC released a report ("Sizing the Prize, PwC's Global Artificial Intelligence Study: Exploiting the AI Revolution") that estimated AI would add close to $16 trillion to the global economy by the turn of the decade. If this prognostication is anywhere in the ballpark to what actually occurs in six years' time, AI stocks have the potential to skyrocket. No publicly traded company has arguably benefited more from the AI revolution than semiconductor titan Nvidia (NASDAQ: NVDA) Wall St
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