The tech world experienced significant developments in the past week, particularly in the field of artificial intelligence (AI). From predictions about Nvidia Corp. 's future market cap to calls for a redesign of data center infrastructure, and Microsoft Corp. 's "iPhone moment, " these stories had a wide-ranging impact. Let's delve into the details. Nvidia's Potential $50 Trillion Market Cap Investor James Anderson, who previously invested in Tesla Inc. and Amazon. com Inc. , foresees Nvidia reaching a market capitalization of nearly $50 trillion in the next decade. Anderson's optimism stems from Nvidia's crucial role in the increasing demand for AI chips, which are essential for advanced generative AI models.

This demand has led to Nvidia's shares surging by 168% since the beginning of this year, pushing its market value beyond $3 trillion. Read the full article here. AI Boom Sparks Infrastructure Redesign Jacky Liu, President of Taiwan's leading data center operator Chief Telecom, has called for a complete overhaul of the data center infrastructure to accommodate the demands of AI servers. Liu believes that the current infrastructure is inadequate and needs significant upgrades to support the AI boom. Read the full article here. See Also: How To Resolve CrowdStrike Issue Causing Blue Screen Of Death On Your Windows PC Microsoft's Trillion-Dollar Tech Daniel Ives, an analyst at Wedbush Securities, refers to the current era as Microsoft's "iPhone moment. " With the AI revolution gaining momentum, Ives and other analysts predict a substantial increase in Microsoft's valuation, potentially adding $1 trillion to its market cap. Read the full article here. Tesla and xAI Expand AI Plans Tesla, led by Elon Musk, and xAI are actively recruiting networking engineers and technicians, with a particular focus on Memphis for elite fiber tech roles. Memphis, renowned for its thriving tech industry, houses several fiber optic networks, making these positions highly desirable for tech professionals. Read the full article here. Microsoft Overtakes Apple with AI Tool Microsoft has launched its AI image generation tool, Microsoft Designer, as a free iOS app, ahead of Apple Inc. The tool, which was in preview for nearly a year, is now accessible to all users across multiple platforms. Read the full article here. Read Next: Photo courtesy: Shutterstock