A coalition of tech giants, including Google, Intel, and Qualcomm, is reportedly planning to challenge Nvidia's dominance in the artificial intelligence (AI) chip market. Nvidia, known for its AI chips that power a wide range of generative AI applications, has seen its market capitalization soar to $2.2 trillion. The UXL Foundation, supported by these companies, aims to develop alternatives to Nvidia's CUDA software by the end of the year, leveraging Intel's OneAPI software in their efforts. This move has caused Nvidia's shares to turn negative in premarket trading, last down by 0.9%. The tech industry's focus on AI has significantly driven up the value of companies like Nvidia, with the AI chip market set to grow rapidly.
Financial Times @ft: FT expands its San Francisco operation - Talking Biz News. #AI #aistrategy #aiforgood https://t.co/cr8uyoBIsQ
Financial Times @ft: People behind Microsoft, Softbank-backed AI start-up under scrutiny in India for past dealings. #aiforgood #industry40 #robotics https://t.co/zbWRP1hHk7
$NVDA has added $2 TRILLION in value since start of 2023 😳 https://t.co/BdXepQMkJ4
Financial Times @ft: Tech coalition aiming to break Nvidia's grip on AI - Taipei Times. #GenAI #MachineLearning #aistrategy https://t.co/KeKKCXUPpE
Nvidia $NVDA CEO Jensen Huang is expecting his company to capture an “outsized chunk” of $250 billion in global data center spend annually. $AMD $MSFT $META $AMZN $GOOG
The AI furor gripping the stock market has the shares of chipmakers like Nvidia soaring. But the stocks are no longer cheap, and that adds a new level risk to further gains in the S&P 500. https://t.co/BvAZIOdlGq
Financial Times @ft: Here's why AI search engines really can't kill Google - The Verge. #industry40 #robotics #ArtificialIntelligence https://t.co/LTzjqqdu4g
Here’s why AI search engines really can’t kill Google #DisruptiveTech https://t.co/8IvDpa7ZtR
Nvidia $NVDA is currently forecasted to bring in $131 Billion of Revenue in its Fiscal Year 2026 https://t.co/menRfaSQCV
Nvidia traders find reasons to worry beyond sky-high stock price https://t.co/dS13Ta2THu via @business
$goog and $qcom challenging $Nvda dominance https://t.co/bzvK7PAIrA
The Verge: Here’s why AI search engines really can’t kill Google [Welp.] $GOOG $GOOGL https://t.co/scB3R9L5vz
UXL Foundation readying alternative to Nvidia's CUDA for this year https://t.co/w75ASsQX1F
Here’s why AI search engines really can’t kill Google https://t.co/43xVq2L32C
#FPTech: OpenAI, Qualcomm, Google, Intel, other tech giants plan to take NVIDIA down. Here’s how https://t.co/xbyzLaFYDH
Nvidia Stock Gains. Here’s How Much Its Major Customers Are Set to Spend. https://t.co/2cux0BBc8y
Financial Times @ft: How AI Investments Could Change the Middle East - https://t.co/AdG2rXILS3. #AI #ArtificialIntelligence #aistrategy https://t.co/ZyQfO2vQ0J
Report: UXL Foundation seeks to prepare alternative to Nvidia’s CUDA by year’s end - SiliconANGLE #DL #AI #ML #DeepLearning #ArtificialIntelligence #MachineLearning #ComputerVision #AutonomousVehicles #NeuroMorphic #Robotics https://t.co/7LkYtY7P8R
Financial Times @ft: Some managers looking for a discount think it's time to replace you with AI - Fortune. #aiforgood #industry40 #robotics https://t.co/ma2TQxYErZ
Google, Intel and Qualcomm are part of a coalition of tech companies trying to loosen Nvidia’s chokehold on AI chips by preparing an alternative to its CUDA software by year-end, Reuters reports, adding Intel’s OneAPI software is key to the effort by the open-source UXL…
"NVIDIA’s chipmaking rivals want a piece of these riches. Established ones, such as AMD and Intel, are launching rival products. So are startups like Groq, which makes superfast AI chips" https://t.co/MXu9xulROe
Report: UXL Foundation seeks to prepare alternative to Nvidia’s CUDA by year’s end https://t.co/Wn9C00OKS7
Financial Times @ft: My $400 AI shopping haul: how AI is changing the way we shop - The Verge. #robotics #GenAI #aistrategy https://t.co/kyisADlFg2
Financial Times @ft: Nvidia's AI chip dominance is being targeted by Google, Intel, and Arm - The Verge. #industry40 #GenAI #aiforgood https://t.co/VKRU9lOVnc
Nvidia earned its $2.2 trillion market cap by producing artificial-intelligence chips that have become the lifeblood powering the new era of generative AI developers from startups to Microsoft, OpenAI and Google parent Alphabet. https://t.co/9PdqfoOg4L https://t.co/p44mli4omE
UXL Foundation, backed by Google, Intel, and others, plans to build tools to power multiple types of AI accelerator chips and break Nvidia's CUDA dominance (@chernandburn / Reuters) https://t.co/yOHIODk0AF 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/p6TOlPAXs6
I also want to challenge $NVDA's AI dominance. https://t.co/atQdTJbaZL
Times of India @timesofindia: Behind the plot to break Nvidia's grip on AI by targeting software - The Economic Times. #ArtificialIntelligence #AI #aistrategy https://t.co/63LTKPn6pH
Qualcomm $QCOM, Google $GOOGL, and Intel $INTC plan to work together to try to go after Nvidia's $NVDA chokehold on AI software - Reuters
$NVDA down as Intel $INTC, Alphabet $GOOG, and Qualcomm $QCOM say they want to challenge its AI dominance... Unclear how...ha
You mean competitors of the world's AI leader plan to... gasp... compete? NVIDIA SHARES TURN NEGATIVE PREMARKET AFTER REPORT GOOGLE, INTEL, QUALCOMM EXECUTIVES SAY THEY PLAN TO BATTLE NVIDIA AI DOMINANCE; LAST DOWN 0.9%
$NVDA NVIDIA SHARES TURN NEGATIVE PREMARKET AFTER REPORT GOOGLE, INTEL, QUALCOMM EXECUTIVES SAY THEY PLAN TO BATTLE NVIDIA AI DOMINANCE; LAST DOWN 0.9%
Nvidia Stock Rises. Here’s How Fast the AI Market Is Set to Grow. https://t.co/lmIqKvz6aG
NVIDIA SHARES TURN NEGATIVE PREMARKET AFTER REPORT GOOGLE, INTEL, QUALCOMM EXECUTIVES SAY THEY PLAN TO BATTLE NVIDIA AI DOMINANCE; LAST DOWN 0.9%
⚠️ EXCLUSIVE-BEHIND THE PLOT TO BREAK NVIDIA’S GRIP ON AI BY TARGETING SOFTWARE Full Story → https://t.co/Sp9T8Q9Cwe Nvidia earned its $2.2 trillion market cap by producing artificial-intelligence chips that have become the lifeblood powering the new era of generative AI… https://t.co/F5JLUoiQze
UXL FOUNDATION WILL COURT CLOUD-COMPUTING COMPANIES SUCH AS AMAZON AND MICROSOFT TO AID IN THE EFFORT -EXECUTIVES || GOOGLE, INTEL, QUALCOMM EXECUTIVES SAY THEY PLAN TO BATTLE NVIDIA AI DOMINANCE THROUGH UXL FOUNDATION - RTRS