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Stock impact report

Corporate adoption is turbocharging the AI market, says top tech analyst [Fortune]

Opendoor Technologies Inc (OPEN) 
Company Research Source: Fortune
to become more corporate as it digs in for what is shaping up to be a bruising battle for AI dominance. Then there is Nvidia, whose CEO reminded businesses that his company is the only game in town when it comes to advanced AI chips—including the new Blackwell line, which is a top priority for many firms. And speaking of Nvidia, the chip maker and professional services company Accenture announced an expanded partnership on Wednesday. Accenture will create what it calls an “Nvidia Business Group,” which will help clients lay the foundation for AI use with its AI Refinery platform built on the Nvidia AI stack. Nvidia Business Group will consist of 30,000 employees focused on assisting clients scale enterprise generative AI adoption. I asked Dan Ives, managing director and senior equity research analyst at Wedbush Securities, what this move by Nvidia signifies. “We believe enterprise adoption of AI is one of the most important drivers of the market over the next few years,” Ives told Show less Read more
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