Nvidia invested years ago in software and computer chips focused on AI. When the current excitement around the technology took off in late 2022 after OpenAI's release of ChatGPT, the company was well-positioned to benefit. Its tech is best-suited to run the extremely large computations needed to train AI algorithms, and now Big Tech companies are spending billions to buy its chips to keep up in the AI arms race.

The rise of artificial intelligence is set to boost economic growth, but it is also poised to take over the job market - and a new study reveals the 20 most occupations at risk. A team of researchers led by Princeton University conducted an AI occupational exposure methodology by linking 10 AI-powered applications, such as language modeling, to 52 human abilities to understand if any closely relate. The results showed that telemarketers, teachers, school psychologists and judges are among the highest at risk. Fears of software eliminating human jobs have recently made waves across the globe following the launch of ChatGPT and its ability to perform eerily-human professional tasks such as writing emails and resumes. 'The effect of AI on work will likely be multi-faceted.