Nvidia Gets DOJ Subpoena in Escalating Antitrust Probe
The US Justice Department sent subpoenas to Nvidia Corp. and other companies as it seeks evidence that the chipmaker violated antitrust laws, an escalation of its investigation into the dominant provider of AI processors.
Why have the big seven tech companies been hit by AI boom doubts?
Their shares have fallen 11.8% from last month’s peak but more AI breakthroughs may reassure investors
Dario Maisto, a senior analyst at Forrester, says a lack of economically beneficial uses for generative AI is hampering the investment case.“There is still an issue of translating this technology into real, tangible economic benefit,” he said.