The brief also discusses potential antitrust investigations into OpenAI, Nvidia, and Microsoft over potentially anti-competitive behavior in the AI space. The potential outcomes of such investigations could either benefit consumers by driving up competition and lowering prices, or hinder startups and innovation. Elon Musk's xAI is building its "gigafactory of compute" in Memphis, Tennessee.
Key takeaways:
- Apple's Worldwide Developers Conference is expected to reveal some insight into its AI strategy, which could include incorporating ChatGPT in iPhones.
- AI stocks, including Nvidia and Apple, experienced significant growth last week, with both companies briefly joining the $3 trillion club in market cap.
- The Department of Justice and the Federal Trade Commission are reportedly investigating OpenAI, Nvidia, and Microsoft for potentially anti-competitive behavior in the AI space.
- Elon Musk is building his AI supercomputer, referred to as the "gigafactory of compute", in Tennessee to power the Grok chatbot.