DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
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2 years back, it was worth just $364B.
Their market cap 6X in 24 months.
If you go way back to 2001 when they first listed, it was just a measly $6.44B.
Insanity.
They don’t call the stock market crazy for no reason.
Nvidia, once a modest graphics card manufacturer, it’s now a Goliath in its own right, having briefly eclipsed Amazon and Alphabet in market value.
They are titans of the tech world, worth trillions.
“Nvidia is now worth the same as the whole Chinese stock market as defined by Hong Kong-listed H-shares”.
This seismic shift in the tech landscape is nothing short of spectacular, considering just five years ago, Nvidia’s stock loitered around $50.
Now, it’s skyrocketed to an all-time high of nearly $750.
Some say it will breach $1000 real soon.
But what fueled this extraordinary ascent?
AI. AI. AI.
The answer lies in the burgeoning field of artificial intelligence.
Nvidia’s GPUs, particularly its high-end H100 series, have become the backbone of AI, powering mammoths like ChatGPT and GPT-4.
These chips aren’t just pricey (up to $40,000 each), they’re in high demand, with companies requiring thousands to train their AI models.
It is easier to buy a brick of cocaine that it is to get your hands on the latest GPU.
I joke.
Nvidia’s resurgence is a flashback to the dotcom era, with Microsoft also riding the AI wave to surpass Apple as the most valuable US company.
The answer lies in the burgeoning field of artificial intelligence.
Nvidia’s GPUs, particularly its high-end H100 series, have become the backbone of AI, powering mammoths like ChatGPT and GPT-4.
These chips aren’t just pricey (up to $40,000 each), they’re in high demand, with companies requiring thousands to train their AI models.
It is easier to buy a brick of cocaine that it is to get your hands on the latest GPU.
I joke.
Nvidia’s resurgence is a flashback to the dotcom era, with Microsoft also riding the AI wave to surpass Apple as the most valuable US company.
The race is especially intense in the cloud sector.
Microsoft’s Azure has seen a 30% revenue spike, largely thanks to AI cloud services and its partnership with OpenAI.
This surge is a wake-up call for Amazon’s AWS, which has long dominated the cloud market but now finds itself in a head-on battle against Microsoft in AI cloud services.
What’s ironic is Nvidia’s newfound dominance is partially fueled by its rivals’ investments.
Companies like Microsoft, Meta, and Amazon, all vying to build their own AI chips, are still reliant on Nvidia’s technology.
Nvidia is leading the charge while also arming its competitors.
It has invested a staggering $30 billion in a unit dedicated to custom AI chip development.
Meanwhile, competitors like Intel and AMD aren’t waiting.
They’re crafting their own powerful chips to challenge Nvidia’s supremacy.
It’s an AI chip arms race, and the stakes couldn’t be higher.
The sheer scale of Nvidia’s growth is mind-boggling.
Nvidia’s latest venture, the AI chatbot that runs locally on your PC, provided you have the right hardware, is quite novel.
This development marks a new frontier in personalized AI, offering users unique, tailored experiences based on their chosen content.
But really, can Nvidia maintain its colossal growth and continue to lead the AI race?
Or will new challengers rise to dethrone this seemingly unstoppable graphics card maker?
In the AI era, it seems, even Goliaths must watch their backs.
You never know when and where the next competitor can come from.
-
Will Nvidia continue to dominate in 2024?
-
#NvidiaRise #AITechnology #StockSurge #MicrosoftAzure #CloudComputing #AIChipRace #TechGiants #MarketValue #AIInnovation #NvidiaVsAmazon #SiliconSuccess #TechTransformation #AIRevolution #CloudServices #AIChips #TechIndustry #ArtificialIntelligence #FutureOfAI #TechCompetition #MarketDynamics #TechTrends #NvidiaSuccess #AIApplications #TechLeaders #BusinessStrategy #TechInvestment #EconomicImpact #TechBattle #MarketLeadership
2 years back, it was worth just $364B.
Their market cap 6X in 24 months.
If you go way back to 2001 when they first listed, it was just a measly $6.44B.
Insanity.
They don’t call the stock market crazy for no reason.
Nvidia, once a modest graphics card manufacturer, it’s now a Goliath in its own right, having briefly eclipsed Amazon and Alphabet in market value.
They are titans of the tech world, worth trillions.
“Nvidia is now worth the same as the whole Chinese stock market as defined by Hong Kong-listed H-shares”.
This seismic shift in the tech landscape is nothing short of spectacular, considering just five years ago, Nvidia’s stock loitered around $50.
Now, it’s skyrocketed to an all-time high of nearly $750.
Some say it will breach $1000 real soon.
But what fueled this extraordinary ascent?
AI. AI. AI.
The answer lies in the burgeoning field of artificial intelligence.
Nvidia’s GPUs, particularly its high-end H100 series, have become the backbone of AI, powering mammoths like ChatGPT and GPT-4.
These chips aren’t just pricey (up to $40,000 each), they’re in high demand, with companies requiring thousands to train their AI models.
It is easier to buy a brick of cocaine that it is to get your hands on the latest GPU.
I joke.
Nvidia’s resurgence is a flashback to the dotcom era, with Microsoft also riding the AI wave to surpass Apple as the most valuable US company.
The answer lies in the burgeoning field of artificial intelligence.
Nvidia’s GPUs, particularly its high-end H100 series, have become the backbone of AI, powering mammoths like ChatGPT and GPT-4.
These chips aren’t just pricey (up to $40,000 each), they’re in high demand, with companies requiring thousands to train their AI models.
It is easier to buy a brick of cocaine that it is to get your hands on the latest GPU.
I joke.
Nvidia’s resurgence is a flashback to the dotcom era, with Microsoft also riding the AI wave to surpass Apple as the most valuable US company.
The race is especially intense in the cloud sector.
Microsoft’s Azure has seen a 30% revenue spike, largely thanks to AI cloud services and its partnership with OpenAI.
This surge is a wake-up call for Amazon’s AWS, which has long dominated the cloud market but now finds itself in a head-on battle against Microsoft in AI cloud services.
What’s ironic is Nvidia’s newfound dominance is partially fueled by its rivals’ investments.
Companies like Microsoft, Meta, and Amazon, all vying to build their own AI chips, are still reliant on Nvidia’s technology.
Nvidia is leading the charge while also arming its competitors.
It has invested a staggering $30 billion in a unit dedicated to custom AI chip development.
Meanwhile, competitors like Intel and AMD aren’t waiting.
They’re crafting their own powerful chips to challenge Nvidia’s supremacy.
It’s an AI chip arms race, and the stakes couldn’t be higher.
The sheer scale of Nvidia’s growth is mind-boggling.
Nvidia’s latest venture, the AI chatbot that runs locally on your PC, provided you have the right hardware, is quite novel.
This development marks a new frontier in personalized AI, offering users unique, tailored experiences based on their chosen content.
But really, can Nvidia maintain its colossal growth and continue to lead the AI race?
Or will new challengers rise to dethrone this seemingly unstoppable graphics card maker?
In the AI era, it seems, even Goliaths must watch their backs.
You never know when and where the next competitor can come from.
-
Will Nvidia continue to dominate in 2024?
-
#NvidiaRise #AITechnology #StockSurge #MicrosoftAzure #CloudComputing #AIChipRace #TechGiants #MarketValue #AIInnovation #NvidiaVsAmazon #SiliconSuccess #TechTransformation #AIRevolution #CloudServices #AIChips #TechIndustry #ArtificialIntelligence #FutureOfAI #TechCompetition #MarketDynamics #TechTrends #NvidiaSuccess #AIApplications #TechLeaders #BusinessStrategy #TechInvestment #EconomicImpact #TechBattle #MarketLeadership
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