Wall Street’s $11 billion bet on AI firms fuelled by NVIDIA chips sparks global ambitions
Wall Street’s financial titans have invested more than $11 billion into a niche group of AI-focused tech companies. These “neo-cloud” firms are leveraging NVIDIA’s powerful GPU technology to dominate the AI market, creating a lucrative… Article Source https://www.businesstoday.in/technology/news/story/wall-streets-11-billion-bet-on-ai-firms-fuelled-by-nvidia-chips-sparks-global-ambitions-452592-2024-11-05