Europe has fallen behind China and the US in the development of AI capacity, producing less than 1% of the world’s semiconductors needed for AI. But the EU hopes to produce 20% of the world’s semiconductors by 2030.

SoftBank intends to use the upgraded platform to train more advanced models and accelerate innovation in generative AI.

Nvidia’s (NVDA) rise from a gaming pure-play to an AI kingmaker has been nothing short of amazing. With cloud czars zooming to build the future with Nvidia chips at the heart of it, the company has become the cornerstone of a niche few even saw coming.

Nvidia recently became the first company to reach a $4 trillion market valuation, driven by its near-monopoly in AI chip technology.

Nvidia CEO Jensen Huang believes that AI will create more millionaires in five years than the internet did in 20 years. The CEO was part of the recent All In podcast hosted by American venture capitalist Chamath Palihapitiya. He was joined by other luminaries like Chase Lochmiller, and James Latinsky.

In automotive, MediaTek’s Dimensity Auto cockpit platform now integrates Nvidia RTX GPUs for advanced in-vehicle graphics and compute tasks. On the edge AI front, Nvidia’s TAO toolkit works alongside MediaTek’s NeuroPilot SDK, streamlining model training and deployment.

Nvidia stock is hovering near-all time highs. Spending plans from Amazon.com, Microsoft, and Meta Platforms could send it higher.

Nvidia CEO Jensen Huang noted the connection between energy policy and AI leadership, saying Trump's pro-energy stance as essential for America's artificial intelligence future.