Nvidia (NVDA) has earned its $2.2T market cap by producing artificial intelligence chips that have become the “lifeblood” powering the new era of generative AI developers from startups to Microsoft (MSFT), OpenAI and Alphabet (GOOGL), but now a coalition of tech giants that includes Qualcomm (QCOM), Google and Intel (INTC) plans to loosen Nvidia’s “chokehold” on AI by going after the software that keeps developers tied to Nvidia chips as “part of an expanding group of financiers and companies hacking away at Nvidia’s dominance in AI,” according to Reuters’ Max Cherney. “We’re actually showing developers how you migrate out from an Nvidia platform,” Vinesh Sukumar, Qualcomm’s head of AI and machine learning, is quoted as having said in an interview with Reuters.
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