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“And the reason the startups work is because the people work like hell,” added Schmidt.
The former CEO says most tech companies venturing into the new category heavily rely on NVIDIA for AI chips.
NVIDIA RTX 4070
Thats not a stock recommendation."
Schmidt says NVIDIA won’t be the only company reaping heavily from investing in AI.
The chip maker will share the limelight with other key players in the industry.
Microsoft and OpenAI logos
And yet, theyre on their way to being the most valuable company.
This happened afterinvestors started raising concerns over Microsoft’s heavy investment in AI projectswith little return on profits.
Is Stargate the way out for Microsoft and OpenAI?
According to reports, Stargate should launch in 2028.
