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Image Credit: Baystreet

AI Bubble Watch on Nvidia, CoreWeave, Meta, and More

  • Nvidia surpassed Microsoft in market capitalization, reaching $4 trillion last week.
  • Apple is unlikely to achieve a market size similar to Nvidia due to lack of significant AI developments at its recent conference.
  • CoreWeave lost 23.8% of its value and will acquire Core Scientific for $9 billion in an all-stock transaction, potentially diluting stockholders.
  • Meta Platforms acquired voice startup PlayAI, while Intel will sell 45 million shares held in Mobileye.

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