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April 3, 2024 22 mins

Welcome to a new weekly series we are launching on the Latin Wealth platform, Wealth Wednesday! On Wealth Wednesday, we will be discussing trending news, Latino culture and topics surrounding business, host by @chrisbelloso and @ricoramirez86. Today, we're delving into two significant developments:Today, we delve into two significant topics: Apple's antitrust battle and Microsoft's ambitious AI supercomputer project.

Apple's Antitrust Battle: Implications for Innovation The Department of Justice's antitrust lawsuit against Apple could have far-reaching consequences for the tech giant's business operations. If the DOJ prevails, Apple may be compelled to grant third-party companies greater access to iPhone features, improve compatibility with competing devices, and even permit the existence of third-party app stores on iOS. However, such outcomes could potentially hamper Apple's ability to pursue future tech innovations, reminiscent of Microsoft's antitrust woes in the late 1990s.

As Apple braces for the outcome of this legal battle, it continues to invest in cutting-edge technologies, including generative AI capabilities and the development of its Vision Pro AR/VR headset. These endeavors underscore the company's commitment to staying at the forefront of innovation, even amid regulatory challenges.

Microsoft's $100 Billion AI Supercomputer Project Meanwhile, Microsoft and OpenAI are embarking on an unprecedented venture: the creation of a groundbreaking supercomputer dubbed "Stargate." With an estimated cost of up to $100 billion, Stargate represents a significant investment in advancing AI capabilities. This ambitious project aims to revolutionize AI research and development, positioning Microsoft as a leader in the field.

Stargate, which forms the fifth phase of a comprehensive plan, is slated for launch as early as 2028. Leveraging millions of specialized server chips, this US-based supercomputer promises to propel AI innovation to new heights. Microsoft's collaboration with OpenAI underscores its dedication to driving the next generation of AI infrastructure.

 

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