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The surge in artificial intelligence has significantly increased the wealth of several billionaires this year. Nvidia's CEO Jensen Huang stands out, with his net worth soaring due to the high demand for AI chips. Other tech billionaires, including those from Dell, Meta, and Oracle, have also seen substantial gains as their companies invest in AI technologies.
Huang's net worth has climbed to $107 billion, driven by Nvidia's impressive stock performance. Meanwhile, Michael Dell's wealth has increased alongside the rising demand for AI-optimized servers, reflecting a broader trend in the tech industry. Mark Zuckerberg and Larry Ellison have also benefited, with their companies making significant strides in AI development and cloud services.
• Nvidia's stock has surged 158% this year, boosting Huang's wealth.
• Dell's AI-optimized server demand increased by 23% sequentially.
Nvidia's AI chips are crucial for powering leading AI models.
Dell's server business has seen increased demand for AI optimization.
Oracle's cloud services have become its largest business segment, driving revenue growth.
Nvidia's technology is essential for many AI applications, significantly impacting Huang's wealth.
Meta's advancements in AI have contributed to Zuckerberg's substantial net worth increase.
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