Chip companies like Nvidia and Intel are facing a challenge as a young engineering student, a chemical engineer, felt discouraged trying to break into the semiconductor industry at the Colorado School of Mines. She initially felt competitive pressure as she tried to get hired.

Source: https://www.businessinsider.com/artificial-intelligence

Guillermo Rauch, CEO of AI startup Vercel, coined the term 'frontier content' to describe information that will help website owners survive in the AI era. ChatGPT has sparked a boom in large language models and chatbots that can answer questions convincingly after ingesting everything on the internet.

Source: https://www.businessinsider.com/artificial-intelligence

Elon Musk's AI company, xAI, has brought a massive new training cluster of chips online, despite being distracted by a court decision in Brazil. The company was launched in July 2023. The new cluster is expected to accelerate the development of AI technology.

Source: https://www.businessinsider.com/artificial-intelligence

Blackstone's CTO is using generative AI to strengthen the PE giant's internal search, which is a challenge for finance firms due to data being scattered across different systems. The company is leveraging AI to supercharge employee productivity.

Source: https://www.businessinsider.com/artificial-intelligence

Nvidia reported $30 billion in revenue for the second quarter, exceeding analysts' estimates. The company's revenue was largely driven by four major customers, with nearly half of the total revenue coming from these customers. Gil Luria, a tech analyst, warned investors to be cautious for the next year or two due to this concentration of revenue.

Source: https://www.businessinsider.com/artificial-intelligence

The US Department of Justice (DOJ) has subpoenaed Nvidia, a chipmaker, as part of its antitrust probe. The investigation aims to determine whether Nvidia's success harms buyers who want to use other providers. A spokesperson for Nvidia declined to comment on the matter.

Source: https://www.businessinsider.com/artificial-intelligence

Bill Gates, the founder and former CEO of Microsoft, uses an AI summary feature in Teams to process information from meetings. A survey found that workers use AI to save up to two hours per day. Gates is not alone in using AI for productivity.

Source: https://www.businessinsider.com/artificial-intelligence

Nvidia-backed startup Wombo.ai aims to bring AI technology to the masses, making it approachable and even a little silly. The founders, including CEO Ben-Zion Benkhin, envision a decentralized computing network to challenge cloud providers and a new generation of AI models co-owned by all of humanity.

Source: https://www.businessinsider.com/artificial-intelligence

Nvidia, a dominant player in the artificial intelligence market, has stated that it is willing to answer any questions regulators may have about its business. The company's approach is seen as wise, following a report by Bloomberg News that the Justice Department is investigating Nvidia.

Source: https://www.businessinsider.com/artificial-intelligence

Salesforce CEO Marc Benioff announced that the company is making a 'hard pivot' to AI agents, with its Agentforce platform enabling users to create custom AI agents for customer interaction. Benioff expects AI agents to be key to the next wave of AI.

Source: https://www.businessinsider.com/artificial-intelligence