🏆 NVIDIA overtakes Amazon in market value
🎙️ New podcast episode: AI for the 99%
Martin Crowley & Arturo Ferreira
February 13, 2024
Premium // Sponsorship // Podcast // Tools Database
Tuesday’s top story: NVIDIA beats Amazon on market value making it the fourth most valuable US-listed company, thanks to increasing AI chip demand.
A new AI Tool Report Live podcast episode is out: AI for the 99%: Meet Graft CEO, Adam Oliner.
🌤️ This Morning on AI Tool Report
🏆 NVIDIA overtakes Amazon in market value
📏 Microsoft allows organizations to measure AI effectiveness
📜 ChatGPT-5 could decipher 3,000yr old language
🦾 Share value doubles for chip designer Arm
🌴 Travel startup acquires AI itinerary-planning bot
Read Time: 5 minutes
MARKET VALUATIONS
Our Report: NVIDIA briefly overtook Amazon in market value on Monday—making it the fourth most valuable US-listed company—fueled by increasing demand for AI chips.
🔑 Key Points:
NVIDIA’s stock value rose by almost 0.2%, reaching a market value of $1.83 trillion, while Amazon's stock value fell by 1.2%, giving it a market capitalization of $1.8 trillion.
This makes NVIDIA the fourth most valuable US tech company, just behind Microsoft ($3.09 trillion), Apple ($2.89 trillion) and Alphabet ($1.84 trillion).
The increase in market value follows a strong start to 2024, with its market capitalization surging by $600B since January, nearly 50% more than it gained during the last 7 months of 2023.
🤨 Why you should care: NVIDIA’s surge in value comes following the rapid increase in demand (particularly from data centers) for its AI chips, designed to support complex computational tasks within AI applications.
Will other chip manufacturers take the lead over NVIDIA in the coming months? |
In Partnership with Nebius
Recraft’s founder and CEO, Anna Veronika Dorogush, will share insights on heavy model training using Nebius AI infrastructure, and our experts, Andrew and Levon, will highlight the platform’s features and capabilities.
Join us on February 29th and learn:
How we optimize our platform and hardware for ML/AI workloads
What makes our platform training-ready
What GPUs are available on the platform
What enables us to offer prices 50% lower than those of major cloud providers
The experience of setting up an InfiniBand network for GPU clusters
The role of a dedicated engineer
Speakers will discuss whether the performance of NVIDIA® H100 GPUs truly makes a significant difference when dealing with ML training.
Timing: The webinar will start at 13.00 CET and finish around 14.00, including the Q&A part.
Graft is an AI teammate for customer support teams
Imagetocaption auto-generates captions for social media
VenturusAI uses ChatGPT to turn business ideas into reality
Database Tracker is for automated insights with ChatGPT
Vana uses AI to create digital identity avatars
AI IMPLEMENTATION
Microsoft has launched impact surveys and is planning to integrate them with the Copilot Dashboard to allow organizations to evaluate the effectiveness and improve the adoption of Copilot.
The impact surveys will gather insights on how employees use Copilot, allowing companies to understand their AI readiness, adoption rates, and usage.
Integrating this data into the Copilot Dashboard will also allow organizations to identify areas for improvement, helping them optimize their AI integration efforts.
✅ Content creation
copy & paste ⬇️
“Using the 'Emotional Value Proposition' framework, please write a marketing campaign outline that speaks to the [emotional needs] of [ideal customer persona] and presents our [product/service] as the solution that will fulfill those needs. Identify the [desired emotion], create a [story] that evokes that emotion, and include [testimonials] from customers who have experienced that emotion after using our product.”
CHATGPT
Microsoft has hinted that ChatGPT-5 could have the power to decode a 3,000-year-old language (called Linear A), which was used by the Minoan civilization in Crete during 1800-1450 BC.
Previously undeciphered, Linear A is one of the biggest linguistic mysteries, and if ChatGPT-5 can translate it, it will offer insights into the Minoan civilization, language, and culture.
Microsoft suggested that ChatGPT-5 would understand the intricacies of the Linear A script and have contextual knowledge of the Minoan world to interpret the decoded text.
This peek into ChatGPT-5’s potential comes after Musk agreed to contribute “whatever amount is useful” to build the AI tech needed to decrypt 2000-year-old Ancient Roman scrolls.
VALUATIONS
Within a week, chip designer Arm, has seen its stock market value almost double, with shares rising by 29.3%, taking its gains to over 90% since its financial results report on 7th February.
Its chips run AI on almost every smartphone in the world, but this soar market value came after it pledged to venture into new AI applications, driven by SoftBank founder Masayoshi Son.
SoftBank acquired Arm in 2016 for $32B, but Arm has now surpassed its market value by $68B after falling investment valuations hit SoftBank.
AI TRAVEL
Travel startup Layla (backed by M13 and co-founders of booking.com, Skyscanner, and Lastminute.com) has acquired the AI-powered itinerary-building bot ‘Roam Around.’
Layla currently uses short-form travel videos and AI-driven language models to help users discover destinations and book trips, including flights and hotels.
Integrating Roam Around’s AI-powered itinerary-building technology will enable Layla to provide users with improved itinerary data and solidify Layla's position as a leader in AI travel.
Over the past year, AI Tool Report has worked with Hubspot, Brave Browser, SurfShark, Guidde, Graft & many more—presenting their AI products/services to over 500,000 AI enthusiasts, boasting:
A consistent 52% open rate
Best-in-class ad performance
A growing ecosystem of AI products/services
openai now generates about 100 billion words per day.
all people on earth generate about 100 trillion words per day.
— Sam Altman (@sama)
Feb 9, 2024
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