Last week was eventful in the tech sector, featuring significant developments among industry giants. OpenAI and Elon Musk are embroiled in a legal dispute, with OpenAI accusing Musk of fraud and media manipulation while seeking to sustain its countersuit against him. In stock news, Nvidia is predicted to see a surge in its stock price after a strong first-quarter financial report, despite facing challenges from China export restrictions. Analyst Kevin Cassidy raised the price target for Nvidia from $178 to $200. Meanwhile, entrepreneur Kevin O’Leary is advocating for AI fluency among CEOs, highlighting its importance and investing in training for leaders to harness AI tools effectively. Additionally, the Chinese AI startup DeepSeek launched an updated reasoning model following its earlier significant market impact on Nvidia. Despite anticipated revenue losses due to U.S. export controls, Nvidia remains optimistic about its AI growth prospects.
This Week in AI: Stellar Nvidia Earnings, OpenAI vs. Elon Musk, DeepSeek Updates, and More – Featuring NVIDIA (NASDAQ: NVDA) and Tesla (NASDAQ: TSLA)
