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Nvidia, a dominant player in AI chips, briefly held the title of world's largest company, raising questions about the potential for new entrants to claim a stake in the booming artificial intelligence industry.
The company's success has had a ripple effect on the stock market, benefiting other tech companies like Oracle, Broadcom, and HP.
Despite this, uncertainty looms over the future of AI innovation and the ability for startups to compete with established players like OpenAI and Google.
Some industry experts believe that attempting to directly challenge these giants would be futile.
At a technology conference, CEO Mike Myer expressed skepticism about the prospect of launching a foundational AI company in the current market.
Additionally, venture capital veteran Vinod Khosla cautioned against underestimating the impact of existing AI models on applications and expressed doubt about their long-term viability.
