NVIDIA CEO Jensen Huang: Those who do not use AI will be unemployed.
NVIDIA CEO Jensen Huang expressed candid views on the impact of AI on the job market at the Milken Institute Global Conference on Tuesday. Huang stated, "Your job will not be taken away by AI, but by those who use it." He added, "I recommend leveraging AI 100%, do not be that person." He suggested downloading software like Perplexity and OpenAI's ChatGPT to learn more about AI use cases. Despite the continuous growth of AI Business in USA companies, NVIDIA's profits have also seen astonishing growth, but
Silicon Valley Observations: Musk won a round, but OpenAI also didn't lose.
Facing numerous obstacles, OpenAI ultimately abandoned its commercialization transformation plan. To some extent, Musk has won this round against Altman, striking down OpenAI's original transformation plan. But from another perspective, Altman has not lost; at least he achieved part of his goals. There are both personal grievances and fierce commercial competition between him and Musk. In the coming years, this complex struggle will continue. The generative AI giant OpenAI officially announced yesterday that it has abandoned its commercialization transformation plan.
U.S. stocks closed: Trade uncertainty rises, and the three major Indexes collectively declined.
① The CEO of NVIDIA stated that the AI market in China is expected to reach 50 billion dollars; ② AMD's revenue in the first quarter was 7.44 billion dollars, a year-on-year growth of 36%; ③ Super Micro Computer's net sales in the third quarter were 4.6 billion dollars, falling short of expectations.
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Tesla leads the decline among the seven major U.S. stocks, as this auto manufacturer saw a continued drop in sales across major European markets in April. Among the seven giants, Tesla fell by 2.1%, Meta decreased by 1.2%, while NVIDIA, Microsoft, Apple, and Alphabet saw declines of less than 1%; Amazon saw a slight increase. The equal-weighted Bloomberg Seven Giants Index has dropped by 13% this year, after soaring 67% in 2024.
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