Nvidia's Dominance, AI Investments, And A Predicted Market Crash: This Week In Artificial Intelligence -

　　The past week has been a whirlwind of activity, with tech giants and industry leaders making headlines. From Nvidia Corp.‘sNVDA impressive performance to Elon Musk’smassive investment in AI, there‘s a lot to catch up on. Let’s dive into the top stories that shaped the week.

　　A Non-Tech Company Outperforms Nvidia and Super Micro

　　Seven of the top ten best-performing S&P 500 stocks over the past year were tech companies. However, the company that topped the list was not a tech company but a utility company, Vistra Corp.VST, which gained over 250% over the past year. Nvidia and Super Micro Computer, Inc.SMCI took the second and third positions with gains of 239% and 203%, respectively.

　　Nvidia CEO Cashes In

　　Nvidia CEO Jensen Huangsold over $29 million worth of shares amid the company's remarkable stock market performance. Huangs total sales over the past three weeks amounted to $184 million. Nvidia's stock reached its peak in June, driving the company's market value to over $3 trillion.

　　Read the full article here.

　　See Also: Mark Zuckerberg‘s PR Team Couldn’t Stop Him From Posting: ‘My Spine Has Been Surgically Removed’

　　Musks Massive Investment in AI

　　Elon Musk, CEO of Tesla Inc.TSLA and founder of xAI, revealed that the upcoming version of his AI chatbot, Grok 3, will be trained on a staggering 100,000 Nvidia H100 chips. These chips are crucial for handling data processing in large language models and are highly sought after in Silicon Valley.

　　Read the full article here.

　　Peter Thiels Insights on AI

　　Palantir Technologies PLTR co-founder Peter Thiel shared his insights on artificial intelligence, Nvidia, and ChatGPT-parent OpenAI at the Aspen Ideas Festival. Thiel drew parallels between the dot-com bubble of '99 and the current state of AI.

　　Read the full article here.

　　‘Rich Dad Poor Dad’ Author Predicts Market Crash

　　Robert Kiyosaki, author of “Rich Dad Poor Dad,” warned of an impending market crash, followed by a long-term bull run for gold, silver, and Bitcoin. Kiyosaki predicted a historic crash in the prices of real estate, stocks, bonds, gold, silver, and Bitcoin, followed by a subsequent bull market cycle starting in late 2025.