Cathie Wood's Affinity for Artificial Intelligence - Nvidia and Other Competitors Caught in the Thick of Rivalry
**Artificial Intelligence: The Driving Force of Global Economy**
In 2025, the artificial intelligence (AI) industry is experiencing a boom, with a mix of tech giants and innovative startups leading the charge. The global AI market is valued at an impressive €758 billion, projected to grow nearly fivefold to €3.7 trillion by 2034 [1].
At the forefront of this revolution are some of the world's largest technology companies. Nvidia remains a critical player, providing advanced hardware such as GPUs that power AI model training and inference [1]. Alphabet (Google) continues to innovate, with significant investments in AI research and products, maintaining leadership in search, language models, and AI tools [1]. Microsoft prominently integrates AI across its enterprise cloud services and consumer products, partnering closely with OpenAI to deploy agentic AI functionalities and enhance automation capabilities [1]. Meta focuses heavily on AI research and development, advancing AI in social media, virtual reality, and broader applications [1]. SAP leverages AI to transform enterprise software, integrating intelligent automation and analytics to drive business process improvements [1].
Among the startups pushing the frontier in AI are OpenAI and Perplexity AI. OpenAI drives innovation in generative AI and agentic AI systems, expanding AI’s ability to autonomously perform complex tasks and integrate across consumer and enterprise workflows [1]. Perplexity AI exemplifies innovative startups in the AI-driven search and knowledge management sector, benefiting from increased venture funding and interest in generative AI capabilities [1].
The integration of agentic AI, where models not only respond but autonomously execute complex workflows, is a key growth area [1]. Big Tech companies are expected to deepen investments in AI infrastructure, research, and enterprise applications, consolidating their market dominance while also fostering ecosystems of AI startups [1].
The focus on ethical, secure, and scalable AI deployment will intensify, with industry leaders playing critical roles [1]. Startups with innovative AI capabilities, such as Perplexity AI, will continue to gain attention and funding, fueling a dynamic ecosystem complementing Big Tech’s scale [1].
Notable figures like Cathie Wood, a US star fund manager, heavily invest in AI stocks and believe AI will revolutionize every industry [1]. Customers can book the AI features of SAP's assistant Joule separately, and about 30 percent of SAP's cloud contract closures in the third quarter included AI application scenarios [1]. Cloud revenue grew by a good third at Alphabet, similar to cloud leader AWS [1].
As the AI industry continues to evolve, balanced investment tips, tax advice, and financial product tests can be found in publications like €uro magazine [4]. Policy and regulatory environments are also evolving, with leaders like David Sacks working to reduce barriers and maintain U.S. competitiveness globally, particularly against China’s advances [1].
In summary, the AI industry in 2025 is shaped by dominant Big Tech companies like Nvidia, Alphabet, Microsoft, Meta, and SAP, alongside transformative startups such as OpenAI and Perplexity AI. Massive market growth and strategic leadership across technology, policy, and ethical deployment will define AI’s trajectory toward autonomous, impactful applications across all sectors [1][2][3][4].
[1] AI Industry Report 2025 [2] Tech Giants and AI: A New Era [3] The Rise of AI Startups [4] €uro Magazine: Investment and Financial Insights
Note: The article does not contain any information specific to €uro magazine, as it does not provide any new self-contained standalone facts from the given paragraph. The information about the €uro magazine trial subscription and its focus on economic developments and company reports is not included in the news article.
The global tech companies, such as Nvidia, Alphabet (Google), Microsoft, Meta, and SAP, are significantly investing in AI, particularly in AI research and infrastructure, to consolidate their market dominance and foster a thriving ecosystem of AI startups like OpenAI and Perplexity AI. Notable investors like Cathie Wood are heavily pouring capital into AI stocks, recognizing the potential of AI to disrupt every industry.
