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CNBC Daily Open: AI-adjacent companies may be the next big play

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The AI wave will ripple throughout the ocean for some time. Big Tech or semiconductors are juicy catches, but a wider net might reel in other prizes.

Inside one of Equinix's internal operations at Equinix Data Center in Ashburn, Virginia, on May 9, 2024.This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe, according to a source who asked to remain anonymous. OpenAI will retain its non-profit segment as a separate entity, the source said.

While OpenAI, the company behind ChatGPT, is not listed publicly, several companies have gained immensely from the generative AI boom that it sparked.was the first beneficiary of gen AI. Its stock rocketed in 2023, a year after ChatGPT was released, when it became clear the semiconductor company's chips were the brains behind chatbots.released their own versions of chatbots and gen-AI-infused tools.

– CNBC's Kif Leswing, Jonathan Vanian, Jordan Novet, Brian Evans and Jesse Pound contributed to this story. Get the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are.

 

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