Following Elon Musk's announcement that his AI startup will rely on processors from Nvidia, the shares of the graphics processor manufacturer from Santa Clara, USA, are soaring.

The Nvidia share reaches the highest closing price of the past 12 months on 4/18-23. Similar to Nvidia are the gains at quite a few smaller and larger suppliers in the industry. This shows that we are dealing with a multi-billion market in AI and Metaverse, even beyond the generally visible companies such as OpenAI, Microsoft, Meta, etc.
Cloud and communications technology in particular play an extremely important role. If you don't have the right partners on board early on and can scale in time, you won't be able to serve the newly emerging markets.
AI hype and the metaverse are very closely related. AI will give the metaverse the momentum it needs to scale and adapt dynamically to new business models.
This is not about the AI-based animation of an avatar in the Metaverse, which then conducts training sessions as a 3D chatbot. No, it is about nothing less than the organic further development of the Metaverse itself. The traditional business of developing virtual spaces will be completely transformed. Instead, we are talking about dynamic platforms that, based on AI, can create requirement-specific virtual worlds at the push of a button in just a few seconds, which can be changed and adapted again just as quickly at any time.