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Powell: The AI Boom is Not the Dotcom Bubble 2.0. Here’s His $5 Trillion Reason Why

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The Fed Weighs In: Why AI is a ‘Major Source of Economic Growth’

the staff of the Ridgewood blog

Washington DC, Federal Reserve Chair Jerome Powell has weighed in on the question dominating Wall Street: Is the current surge in Artificial Intelligence just a replay of the dotcom bubble that burst spectacularly in the early 2000s?

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Nvidia’s $100 Billion Bet on AI: The Deal That Just Changed Everything

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Unbelievable: Why Nvidia Is Giving OpenAI $100 Billion—And What It Means For The Future of AI

the staff of the Ridgewood blog

Ridgewood NJ, in a move that is sending shockwaves through the tech world, graphics powerhouse Nvidia has announced a staggering investment of up to $100 billion in OpenAI, the company behind the revolutionary AI tool, ChatGPT. This blockbuster deal isn’t just a financial transaction; it’s a monumental strategic partnership that signals a new era for artificial intelligence.

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