Artificial Intelligence (AI): Towards a GAFAM Monopoly?

It’s hard to beat Google (Alphabet), Apple, Facebook (Meta), Amazon, and Microsoft in the field of generative AI. The latest statistics confirm that the biggest VC (Venture Capital) investors are far behind the GAFAM. Details !

Generative AI, GAFAM in Pole Position

Apple plans to announce an authentic project of generative AI: a program that will use press content capable of standing out from the crowd. Alphabet, through its YouTube video sharing platform, presented last November a revolutionary artificial intelligence conversational chatbot.

And that’s just the tip of the iceberg.

At the beginning of the year, Statista reported nearly 80 AI sector startups acquired by GAFAM since 2010. 29 projects for Apple, 15 for Alphabet, 13 for Microsoft, 12 for Meta, and 7 for Amazon.

Apparently, GAFAM has no intention of letting up.

In a recent publication, Financial Times spoke at length about the changes brought by generative AI in the tech industry. The icing on the cake, these innovations have positively impacted the financial situation of Big Tech.

Indeed, after losing 3.7 billion dollars, which is 40% of their combined value, GAFAM regained 3.9 billion dollars this year thanks to AI.

Satya Nadella, CEO of Microsoft, did not hesitate to compare ChatGPT to the browser of 30 years ago. “It’s a click, wow, it’s another day,” she marveled.

Google’s collective was represented by its CEO Sundar Pichai: he declared that generative artificial intelligence constitutes the latest avatar of this innovation. It will undoubtedly surpass both fire and electricity.

NVIDIA, which is not part of this quintuple, saw an 800 billion dollar surge. This seems quite normal since it monopolizes the market for chips necessary for training the latest models of artificial intelligence.

In other words, Nvidia’s pullback in the sector of bitcoin (BTC) mining is nothing alarming.