The magnificent seven of Wall Street. Open AI and Microsoft have a plan: Stargate. Mistral AI a new IA startup
In April 2022, "Artificial intelligence and war: the future is today" article was published on DPL News, where the Israeli anti-missile defense system "Dome" was explained in detail. The Iron Dome of Israel played a pivotal role in Iran's attack on Israel with Drones and Missiles on April 14, 2024. This event marked the beginning of intense competition in the technology field in 2024.
The Magnificent Seven
The technology giants Apple, Alphabet, Amazon, Meta, Microsoft, Nvidia, and Tesla, known as the Magnificent Seven, collectively hold a significant portion of Wall Street's total capitalization shares. The shares of Apple and Microsoft, in particular, dominate the American market, influencing the movements of the S&P 500 index.
Artificial Intelligence in Action
The success of these companies is closely tied to Artificial Intelligence (AI). Tesla, facing competition from Chinese company BYD in the electric car market, continues to lead with its high valuations and sales of electric vehicles. Microsoft and Open AI have joined forces to establish a state-of-the-art data center in the USA called Stargate, with a projected cost of about one hundred billion dollars.
The Energy Challenge
One of the main challenges of the Stargate project is energy consumption. To address this, Microsoft and Open AI are exploring the use of nuclear energy, specifically through a partnership with Helicon Energy Inc. for clean energy production.
Mistral AI: The Rising Star
Mistral AI, a European startup founded in France, aims to compete with tech giants in the USA. With a focus on creating a European AI champion, Mistral AI has gained significant attention and investment, utilizing open-source technology to empower users to create their own AI solutions.
With the rapid advancement of Artificial Intelligence, supported by companies like Microsoft, Open AI, and innovative startups like Mistral AI, the future of technology and innovation looks promising.
