Nvidia became the most valuable company in the world thanks to AI

The main beneficiary of the hype surrounding AI was not one of the developers of the most powerful neural networks, but the company Nvidia, which sells specialized computing accelerators to these developers, on which neural networks are trained. Last year, this made Nvidia the most valuable company in history — its market capitalization reached $3.65 trillion. The well-known saying that 'during a gold rush, it's more profitable to sell shovels than to dig for gold' has once again proven its validity.