Google (Alphabet), Apple, Facebook (Meta), Amazon and Microsoft are hard to beat in the field of generative AI. The latest statistics confirm that the biggest VC investors (Venture Capital) are far behind GAFAM. Details!
Generative AI, GAFAM in pole position
Apple plans to announce an authentic generative AI project: program that will use the content of the print able to stand out from the crowd. Alphabet, through its YouTube video sharing platform, introduced last November a a revolutionary conversational chatbot with artificial intelligence.
And that’s just the tip of the iceberg.
At the beginning of the year Statista almost reported GAFAM has acquired 80 startups from the AI sector since 2010. 29 projects for Apple, 15 for Alphabet, 13 for Microsoft, 12 for Meta and 7 for Amazon.
GAFAM clearly has no intention of letting go.
In a recent publication, the Financial Times spoke at length about the changes that generative AI is bringing to the technology industry. The icing on the cake these innovations had a positive impact on Big Tech’s financial situation.
After losing $3.7 billion, or 40% of its combined value, GAFAM actually gained 3$0.9 billion this year thanks to AI.
Microsoft CEO Satya Nadella did not hesitate to compare ChatGPT to a browser 30 years ago. ” It’s a click, wow, it’s another day “, she shouted.
Google was represented by its CEO Sundar Pichai: he declared that generative artificial intelligence represents the latest avatar of this innovation. It will undoubtedly surpass fire and electricity.
NVIDIA, which is not included in the top five, saw a jump of $800 billion. Which seems perfectly normal given that it monopolizes the market for the chips needed to learn the latest AI models.
In other words, Nvidia’s decline in the Bitcoin (BTC) mining sector is not alarming.
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The blockchain and crypto revolution is in full swing! And on the day the effects are felt by the most vulnerable economy in this world, I will say against all hope that I had something to do with it
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The comments and opinions expressed in this article are solely those of the author and should not be considered investment advice. Before making any investment decision, do your own research.