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The logo of OpenAI is seen displayed on a mobile phone screen with the Nvidia logo in the background.

Idrees Abbas/SOPA Images/Sipa/via Reuters

The rise of AI giants (and their challengers)

Two winners have emerged from the AI boom’s first year, but others are in hot pursuit.

Within a few days of ChatGPT’s launch on Nov. 30, 2022, the chatbot attracted millions of users, proving that the world was ready for consumer-grade AI. This made OpenAI, the parent company, a clear victor on the software front. On the hardware front, NVIDIA grabbed the spotlight. The company’s graphics-processing chips have become the industry standard for fueling powerful AI models, making NVIDIA a trillion-dollar company this year.

Wannabe contenders, however, are trying to catch up.

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Federal Chancellor Olaf Scholz on stage at the Digital Summit 2023 in November.

Martin Schutt/Reuters

Wie sagt man: Not cheap as chips?

Deutschland had a dream of boosting its semiconductor production and promised rich subsidies to chipmakers. But now, amid budget woes, that support is in doubt.
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Art by Midjourney

What country will win the AI race?

Art: Courtesy of Midjourney

Savvy startups, tech giants, and research labs woo the best engineers and financing to fuel technological breakthroughs. But the battle for AI supremacy is much bigger than the industry itself – it's a global contest, pitting nations against each other.

Many of the world’s most powerful governments are flexing their muscles to build a competitive edge by cultivating robust domestic AI sectors. Don’t be fooled into thinking that recent efforts to legislatively rein in AI models and the companies behind them are signs of governments hitting the brakes – it’s quite the opposite.

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