2023 Boosts Big Tech s AI monopoly Google, Microsoft, Nvidia, and others wield money power – Tech Hindustan Times

In the wake of Microsoft Corp. s $10 billion investment in OpenAI in January, other tech giants raced to partner with leading AI startups through funding and cloud computing deals. Salesforce Inc. led a round in Hugging Face at a $4.5 billion valuation. Alphabet Inc. and Amazon.com Inc. invested billions in OpenAI rival Anthropic. And Nvidia Corp. seemed to back almost every AI startup of note.