AI model



Nvidia's capitalization reaches $3.01 trillion

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Nvidia has achieved the status of the world's second most valuable company. As of Wednesday, the chipmaking giant's market capitalization reached $3.01 trillion, surpassing Apple's $3 trillion valuation. With its flagship H100 chip leading the charge in the AI race, Nvidia's market capitalization has continued its upward trajectory. Having attained a $1 trillion valuation in May 2023, the company soared past $2 trillion in February of the current year, surpassing the valuations of both Amazon and Alphabet.

OpenAI hits $10 Billion in Annual Recurring Revenue

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OpenAI has surpassed $10 billion in annual recurring revenue, according to a company spokesperson. This milestone comes less than three years after the launch of ChatGPT. The reported figure includes revenue from consumer-facing products, ChatGPT business offerings, and the application programming interface. It excludes licensing income from Microsoft and large one-time agreements.

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