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Interest in companies involved in artificial intelligence continued to make more headlines this week, with investors especially focused on chipmaker Nvidia (NASDAQ:NVDA).
None other than Nvidia (NVDA) CEO Jensen Huang weighed in. on AI by saying that artificial intelligence is at “a tipping point” and that it will be one of Nvidia’s (NVDA) main sources of rrevenue and growth in the coming year.
The fact that Huang made his comments during a conference call to discuss Nvidia’s (NVDA) fourth-quarter results and outlook was not lost on Wall Street. Investors pushed shares of Nvidia (NVDA) up 14% in response to Huang citing the generation of artificial intelligence, along with the strength of gaming and data centers as the main drivers of performance and the upbeat outlook for the company. company.
Facebook’s parent company Meta Platforms (NASDAQ: GOAL) was not going to let a week go by without making his presence felt at AI. On Friday, Meta (META) unveiled what he called the Meta AI Large Language Model, or LLaMA for short. Meta (META) said LLaMA is “a next-generation foundational large language model designed to help researchers advance their work in this subfield of AI.” The LLaMA is intended to be used for research advancements rather than the conversational technologies led by ChatGPT.
C3.ai (AI), which, by virtue of having “AI” in its corporate name, announced an expansion of its AI agreements with Amazon Web Services (AMZN) through integrated applications such as C3 AI Law Enforcement, with AWS services.
Chinese internet and e-commerce giant Baidu (BIDU) attracted attention when it said earlier this week that it will begin to “fully integrate” its AI conversational chatbot into all of its corporate operations. The chatbot, called ERNIE, will be integrated into services such as Baidu Search (BIDU) and AI Cloud.
Meanwhile, Microsoft (NASDAQ:MSFT), which has made waves with its multi-year, multi-million dollar investment in ChatGPT developer OpenAI, unveiled new AI-powered versions of the Bing search engine and Edge browser for Apple (AAPL) iOS and Google (NASDAQ:GOOG) Android devices after previously debuting web-based offerings of those AI-enabled services.