Beyond Nvidia: the search for AI's next breakthrough

economictimes.indiatimes.com:

AI chip juggernaut Nvidia sat on the throne as the world's biggest company, but behind the its staggering success are questions on whether new entrants can stake a claim to the artificial intelligence bonanza.

Nvidia, which makes the processors that are the only option to train generative AI's large language models, is now Big Tech's newest member and its stock market takeoff has lifted the whole sector.

Elevate Your Tech Prowess with High-Value Skill Courses

Even tech's second rung on Wall Street has ridden on Nvidia's coattails with Oracle, Broadcom, HP and a spate of others seeing their stock valuations surge, despite sometimes shaky earnings.

Amid the champagne popping, startups seeking the attention of Silicon Valley venture capitalists are being asked to innovate — but without a clear indication of where the next chapter of AI will be written.

When it comes to generative AI, doubts persist on what exactly will be left for companies that are not existing model makers, a field dominated by Microsoft-backed OpenAI, Google and Anthropic.

Most agree that competing with them head-on could be a fool's errand.

«I don't think that there's a great opportunity to start a foundational AI company at this point in time,» said Mike Myer, founder and CEO of tech firm Quiq, at the Collision