Image: Now that a Chinese startup has captured a lot of the AI buzz, what happens next? The ChatGPT boss says of his company, “we will obviously deliver much better models and also it’s legit invigorating to have a new competitor,

Artificial intelligence stocks got a major shake-up when Nvidia (NVDA), the leader in AI chips, notched their largest single-day plunge since 2020. On Jan. 27, Nvidia shares dropped by 17%, wiping out an astonishing $589 billion from Nvidia’s market capitalization.