Robotics Innovation: How Big Tech is Leading the Way

<h3><strong>Main Takeaways:</strong></h3>
<ul><li>Robots have traditionally been used in manufacturing, but now consumer robots are attracting attention. </li><li>The top ten tech companies are all investing in robotics. This trend started around 2014 when Nvidia began using its GPUs for AI, significantly boosting its stock.</li><li>Nvidia’s recent improvements to its robotics platform have boosted its stock price. With Tesla and Apple also developing consumer robots, it’s becoming more likely that these robots will see widespread use.</li></ul>
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<p>The tech industry is on the brink of a major transformation, with the top ten tech firms in the world increasingly focused on robotics. This shift signifies a move beyond chatbots and towards consumer robotics, potentially reshaping both Main Street and Wall Street.<br></p>
<h3><strong>Tech’s Ripple Effect</strong></h3>
<p>Advancements in one tech area, like AI, often drive progress in related fields such as robotics. For instance, Microsoft’s cloud services enable OpenAI’s AI agents, which use Nvidia GPUs produced with TSMC. This synergy showcases how innovations impact various technologies.The robotics trend among top tech firms began around 2014 with the rise of AI driven by generative adversarial networks (GANs). Nvidia, originally focused on GPUs, began using them for AI training, which led to a huge increase in its stock price, from $4.67 per share in 2014 to over $129 in ten years.As of August 24, anticipation is high for Nvidia’s upcoming second-quarter earnings call. Some insiders predict its market cap could soar from $3.182 trillion to $10 trillion within five years.<br></p>
<h3>The Road Ahead</h3>
<p>We’re in the early stages of robotics, similar to the “GPT-1 era” of AI. Just six years ago, OpenAI’s first ChatGPT was basic, with even GPT-2 being clunky. The 2022 launch of ChatGPT showed AI’s potential, leading to rapid industry advancements.Though chatbots still lack a killer app and broad adoption, top tech companies are investing heavily in AI in 2024. With Nvidia’s strong market position and ongoing advancements, a major shift in robotics seems likely. It will be interesting to see if Nvidia highlights its robotics platform in its September 28 earnings call and how other tech giants respond in 2024<br></p>
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<h3>Looking Forward</h3>
<p>With ongoing innovations and significant investments, big tech’s pivot to robotics could lead to groundbreaking changes in how we interact with technology. As the industry evolves, it will be fascinating to see how this shift impacts tech companies' strategies and product offerings throughout the rest of 2024 and beyond.<br><strong>Further Reading</strong></p>
<ul><li><a href="https://blog.maskex.com/academy/explainers/7-ways-to-evaluate-your-performance-in-crypto-trading" data-lark-is-custom="true">7 Ways to Evaluate Your Performance in Crypto Trading</a></li><li><a href="https://blog.maskex.com/academy/explainers/crypto-trading-psychology" data-lark-is-custom="true">Crypto Trading Psychology: Keeping Emotions in Check While Trading</a></li><li><a href="https://blog.maskex.com/academy/explainers/market-makers-and-takers-understanding-their-roles-and-impact-on-trading" data-lark-is-custom="true">Market Makers and Takers: Understanding Their Roles and Impact on Trading</a></li></ul>
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<p><em>Disclaimer: VA investments are volatile in nature. Do your research and understand the risks. Past performance doesn’t guarantee future results. Marketing is for information Purposes only not financial advice. <br>#TradeonyourownRisk</em></p>

MaskEX Academy Team

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