- AI cloud computing presents a $2 trillion opportunity by 2030, with Alphabet already reaping benefits. Waymo leads the self-driving vehicle market, projected to hit $2.3 trillion in five years.
- AI integration is enhancing online search and advertising, with AI processors driving growth for chipmakers like Nvidia and Taiwan Semiconductor. The next AI boom may focus more on software and services, positioning Alphabet as a major winner.
- Artificial intelligence cloud services have a $2 trillion potential by 2030. Alphabet’s AI implementation is proving successful, with 650 million monthly active users and a 34% rise in third-quarter cloud revenue. Autonomous vehicles, led by Alphabet’s Waymo, are set to tap into a $2.3 trillion market by 2030.
Read more at Nasdaq: Here’s Why the Next Phase of the AI Boom May Not Come From Chipmakers
