Hark! What's that whistling noise?
BREAKING: Elliot Management hedge fund, which manages around $70 billion in assets, says NVIDIA is a 'bubble' and that artificial intelligence is 'overhyped'.
The DOJ has launched an antitrust investigation into Nvidia, the world's dominant AI chip maker. They're trying to stop a single multi-trillion dollar company from controlling the future of AI and computing.
The DOJ is investigating whether Nvidia’s acquisition of Run:ai is an antitrust violation. Run:ai’s technology allows customers to do more with fewer chips. Investigators are concerned Nvidia bought the company to bury the tech — and stop it from slowing their profits.
Hopefully, there soon won't be a future for "AI".