NVIDIA surpasses Amazon's market cap, Google invests $25m in AI worker training in Europe. Discussion on recent semiconductor and AI chip stories, Jensen Hwang's views on AI, and AI in Super Bowl commercials. Exploration of AI companies' efforts to retrain and reskill workers for an AI future. Discussion on the shift towards generative AI and its impact on job losses.
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Quick takeaways
NVIDIA's market value surpasses Amazon's due to investments in data centers and AI boom.
Google invests 25 million euros to train European workers in AI and mitigate potential inequalities.
Deep dives
NVIDIA surpasses Amazon in market value
NVIDIA's market value reached $1.83 trillion, surpassing Amazon's $1.8 trillion, due to the excitement around NVIDIA's investments in data centers and the AI boom. While Amazon's outlook is improving, NVIDIA's focus on AI has attracted significant capital expenditures.
Jensen Hwang discusses the cost of meeting compute needs
NVIDIA's CEO, Jensen Hwang, expressed confidence that the chip industry will lower the cost of AI as computer components become faster. With an installed base of $1 trillion worth of data centers, Hwang expects an additional $2 trillion investment in data centers over the next few years to power software globally.
Google pledges 25 million euros to train European workers on AI
Google has committed 25 million euros to help European workers learn how to use AI. They will support nonprofits and social enterprises to provide training to a wide range of people, with a focus on mitigating the potential inequalities that AI may exacerbate. Additionally, Google plans to run growth academies and expand free online AI training courses to 18 languages.
AI hype continues to drive results in the market. Also on this episode, Google is investing $25m into AI worker training in Europe.
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