Long story short, an enormous amount of capital is rapidly being spent on AI data centers and the necessary equipment to train and run powerful AI models, particularly graphics processing units (GPUs) from Nvidia (NASDAQ: NVDA).

Microsoft CEO Satya Nadella has acknowledged that one of his biggest mistakes was failing to anticipate the rise of search, a market that Google successfully capitalized on. Nadella explained that Mic

Fears of an artificial superintelligence that could replace humans are just a distraction at a time when ChatGPT still has major shortcomings.