Nvidia could fall apart if AI industry doesn't become profitable, warns SK Group chief

Full Article
Nvidia could fall apart if AI industry doesn't become profitable, warns SK Group chief

Nvidia's dominance in the AI hardware market has propelled it to become the third-largest company globally, boasting a market cap of $2.9 trillion. However, SK Group and KCCI Chairman Chey Tae-won cautions that Nvidia's success hinges on the profitability of the AI industry.

Chey highlighted the need for firms investing in AI to eventually turn profits, as estimated by venture capital firm Sequoia Capital at $600 billion annually. Concerns arise as the cost of training AI models continues to rise, potentially impacting the industry's sustainability.

Get Email Alerts for AI News

By creating an email alert, you agree to AIleap's Terms of Service and Privacy Policy. You can pause or unsubscribe from email alerts at any time.

Latest Articles

Alphabet's AI drug discovery platform Isomorphic Labs raises $600M from Thrive
TechCrunch 6month

Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600

AI In Education - Up-level Your Teaching With AI By Cloning Yourself
Forbes 6month

How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.

Trump's Third Term - How AI Can Help To Overthrow The US Government
Forbes 6month

Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.

Sam Altman Says OpenAI Will Release an 'Open Weight' AI Model This Summer
Wired 6month

Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.

Popular Topics