), three of AI’s biggest players, are down over the last month, with Google parent Alphabet dropping 14%, Amazon off about 8%, and Microsoft falling more than 7% as of Thursday.), confirmed they’ll continue to pour billions of dollars into building out their AI infrastructure over the coming quarters — without providing much insight into when they’re going to turn all of that spending into revenue. That, along with the recent market turmoil, has), still has to report its earnings.
Nvidia, unlike software companies, also benefits from the fact that its products have a real tangible benefit for its customers now. Hyperscalers are putting the company’s chips to work as fast as they can to develop and power AI models. But AI-powered software is still in a foggy kind of testing phase. Companies are implementing AI enterprise software, but it’s not as though its impact on their employees’ productivity will skyrocket overnight.
Rimac squeezes more power into its new all-electric hypercar Nevera R. And it only starts at $2.5 million
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