AI Weekly: Nvidia on top, Apple held back

STORY: From yet another record for Nvidia, to Apple hitting a snag in Europe, this is AI Weekly.

Nvidia became the world’s most valuable firm, at least for a while.

The AI chip champion overtook Microsoft, with a market value of over $3.3 trillion.

Though the Windows maker later regained top spot, it’s all another sign of Nvidia’s relentless rise, with its stock price up over 150% just this year.

Apple is delaying the launch of some AI products in Europe, and it’s blaming EU rules.

The bloc requires it to ensure rival products and services can function with its devices.

Separately, media reports say Apple is also talking to Facebook parent Meta about integrating its AI model.

TikTok owner ByteDance is working with U.S. chip designer Broadcom on an AI processor to power its products.

Reuters sources say the move would comply with Washington’s export controls, and secure an adequate supply of silicon for the social network.

AI is running for parliament, sort of.

Businessman Steve Endacott is standing in Britain's general election - with an AI-chatbot to do the talking for him.

“Hi, I’m AI Steve, standing to be MP for Brighton and Hove. I’d love to hear what policies you’d like me to adopt.”

Watchdogs say if Endacott wins, it will be the human, not the bot, that takes a seat.

And OpenAI’s co-founder is starting his own firm.

Ilya Sutskever says it will focus solely on making a model that is safe for humanity.

He left OpenAI after playing a central role in the drama over the firing and rehiring of boss Sam Altman last year.