Baidu's ChatGPT-counterpart Ernie Bot accomplished the milestone with over 100 million users, as per Wang Haifeng, the chief technology officer, at a deep learning summit in Beijing. 

After Nvidia Corp (NASDAQ:NVDA), analysts see AMD as the next leading player in the accelerator market courtesy of its launch of Nvidia AI rival MI300X GPU and MI300A APU.

Also Read: Amazon Ramps Up AI Game at AWS re: Invent to Tackle Microsoft and Google's Rise

A July survey reported that 95% of utility and energy companies were considering generative AI technologies.

Additionally, shipments soared by 80%, marking the most substantial growth since late 2002, according to the National Statistical Office. 

The resurgence reflects a broader revival in global technological demand, with Samsung playing a crucial role.

AMD stock gained over 8% in the last five days and over 22% in the previous month. Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), representing the broader tech index, gained 1.3% in the last five days and 5.6% last month.

Price Action: AMD shares traded higher by 2.09% at $149.12 on the last check Thursday.

Image by cebbi from Pixabay