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Nvidia’s explosive growth masks AI disillusionment
Big Tech hype is warping expectations. AI isn’t yet a jack of all trades but a master of a few.
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The artificial intelligence rally has propelled Nvidia to become the world’s most valuable company.
PHOTO: REUTERS
Parmy Olson
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Does anyone in Silicon Valley know the saying: “The bigger they are, the harder they fall?” Perhaps it’s just a matter of time before they will.
Tech company leaders should be wincing at the rapid ascension of Nvidia now that the artificial intelligence rally has propelled the chipmaker to become the world’s most valuable company. This is a company that sells coveted AI chips to a handful of cloud giants who are reaping the short-term benefits of AI hype, even as things are looking murkier downstream.
