35 AI News You Should Not Miss

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5. NVIDIA Corporation (NASDAQ:NVDA

Number of Hedge Fund Holders: 179 

NVIDIA Corporation (NASDAQ:NVDA) provides graphics, computing and networking solutions. Jensen Huang, the CEO of the firm, recently made an appearance on a podcast hosted by Rene Haas, the CEO of chip design firm Arm. During his appearance, Huang stressed that the future of AI would be services which could reason. However, he also cautioned that the cost of computing needed to be reduced to reach that phase. Huang further predicted that next-generation AI tools would be able to answer questions by going through hundreds or thousands of steps and reflecting on their own conclusions. Huang added that his company would set the stage for these advancements by strengthening chip performance every year.

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