Revisiting 2024 AI Predictions: Nvidia Thrives, Stability Survives
Forbes
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Contributed by: Kate Gamble
Summary
A retrospective analysis on AI predictions for 2024 highlights both accurate and inaccurate forecasts in the industry. Notably, Nvidia successfully expanded its cloud services and invested heavily in its DGX Cloud, enhancing its competitiveness against major cloud providers. In contrast, the forecast that Stability AI would cease operations was incorrect, as the company navigated internal challenges and secured new leadership. Additionally, concepts like "large language model" remained prevalent despite calls for more precise terminology, while the emergence of OpenAI’s new reasoning model, o1, confirmed that closed models continue to surpass open models in innovation.
