AI Gold Rush Creates New Wave of Tech Billionaires
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Surging stock prices for public and private AI companies led to over a dozen new billionaires, including Nvidia CEO Jensen Huang and Notion CEO Ivan Zhao.
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Legacy tech giants like Microsoft and Amazon are investing billions into AI startups, further fueling the boom.
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Productivity app Notion and robotics firm Figure scored multibillion-dollar valuations and made their founders new billionaires.
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Several semiconductor firms tied to AI, like AMD and Super Micro Computer, saw triple-digit stock price increases over the past year.
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OpenAI CEO Sam Altman became a billionaire through his investments despite having no equity in OpenAI itself.