Forward-looking: Earlier editions of the .NET Framework were designed to provide a development platform for Windows-exclusive applications. Today, the technology supports all major computer and mobile operating systems. In the future, .NET aims to enhance app development by offering improved support for cloud and AI services.
Nvidia is now worth $1.7 trillion -- make that $1.82 trillion...
Jackpot baby! Artificial intelligence has proven incredibly fruitful for Nvidia and its shareholders over the past year, and could even help the chipmaker surpass Amazon in terms of total market capitalization. Closing at over $720 today, that's an increase of more than 20% year over year and nearly 50% since the beginning of 2024.
In context: The booming AI sector has propelled Nvidia's financials to new heights, as its AI acceleration GPUs have become highly sought after. However, these general-purpose components are facing increasing competition, prompting the company to develop more efficient chips tailored for specific clients and tasks.
Some would argue that AI is a fad, the next bubble waiting to burst
Editor's take: Like almost everyone in tech today, we have spent the past year trying to wrap our heads around "AI". What it is, how it works, and what it means for the industry. We are not sure that we have any good answers, but a few things have been clear. Maybe AGI (artificial general intelligence) will emerge, or we'll see some other major AI breakthrough, but focusing too much on those risks could be overlooking the very real – but also very mundane – improvements that transformer networks are already delivering.