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With Tesla Optimus And FigureAI, Big Tech Is Betting Big On AI 2.0

The AI Boom already arrived. That was made abundantly clear last month when the world’s leading maker of AI chips – Nvidia (NVDA) – reported that its revenues grew more than 260% in the last quarter of 2023 and management said that revenues are set to rise another 230% during this quarter.

But, while the mainstream media and most investors are obsessing over the hyperbolic growth happening at Nvidia right now, the most important players in this industry – including Nvidia itself – have moved on to the next big thing: AI 2.0.

Let’s dive in!

This post appeared first on InvestorPlace.