NVIDIA becomes 1st $4 trillion company at market close
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Microsoft co-founder Bill Gates recently claimed that programming will remain a 100% human profession, even a century from now.
The poster child of the AI boom, Nvidia has grown into the largest company on Wall Street, surpassing Microsoft, Apple, Amazon and Google. It is now worth over $3 trillion and the stock's movement carries more weight on the S&P 500 and other indexes than every company except Apple.
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Bill Gates believes programming will remain a human job for at least a century, despite AI advancements. He argues that coding requires creativity, ju
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Nvidia CEO Jensen Huang is about to become richer than Warren BuffettJensen Huang, who runs Nvidia, is now just two billion dollars behind Warren Buffett in personal wealth. The 63-year-old engineer, who started the company
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Nvidia CEO Jensen Huang may soon surpass Warren Buffett in terms of net worth, as his company is the first to ever reach a market capitalization of $4 trillion.
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Bloomberg recalculated Bill Gates' net worth as $52 billion lower to reflect charitable giving, sending him seven places down on its rich list.
Bill Gates' net worth is $124 billion, as per the Bloomberg Billionaires Index. Seven days ago, his net worth was a staggering $172 billion.
Bill Gates has slipped to 12th place on the Bloomberg Billionaires Index after his net worth fell by nearly $52 billion in a week due to adjustments reflecting his extensive philanthropic commitments.
Bill Gates was replaced in fifth position by his former assistant and ex-Microsoft CEO, Steve Ballmer, who now has a higher net worth of $172 billion.
The dip in Microsoft co-founder's net worth came after Bloomberg reportedly adjusted the appreciation rates employed for calculating wealth to “better reflect” his wealth outside charitable amount
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Bill Gates no longer in world's top 10 richest; trails former Microsoft CEOBill Gates now ranks behind Michael Dell, who is at number 11 with $137 billion, and Steve Ballmer, his former Microsoft colleague, who is far ahead at number 5 with $172 billion.
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