AI Takes Center Stage at Davos: OpenAI’s Strategic Moves
In 2024, artificial intelligence has eclipsed cryptocurrency at the World Economic Forum in Davos. Companies like OpenAI are forging powerful partnerships to redefine the tech landscape.
Key Highlights:
- OpenAI and AMD Partnership: OpenAI announced a deal deploying 6 gigawatts of AMD’s graphics processing units, potentially securing a 10% stake in the chipmaker.
- Impact on Stock Markets: Shares of AMD shot up by 23.71% following the news, and Figma’s stocks rose 7% after OpenAI showcased its tools.
- The AI Circular Economy: Industry giants like Nvidia and Oracle are tightly interlinked, trading capital and technology in a robust but fragile ecosystem.
As the AI arms race intensifies, can this elite circle meet the tech world’s expectations?
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