Investor enthusiasm for artificial intelligence (AI) has ignited a stock market rally, propelling shares of companies at the forefront of AI development. NVIDIA, a leading producer of AI chips, saw its stock soar after unveiling new AI products and services at its annual conference. The company’s CEO highlighted AI’s potential to revolutionize industries, driving investor optimism. Google’s AI subsidiary, DeepMind, also captured attention with its AI chatbot, Anthropic, fueling a surge in Alphabet’s stock price. Apple, though lagging in AI development, benefited from the broader market rally as investors anticipated its future AI initiatives. The AI frenzy extended beyond tech giants, with AI-focused companies like C3.ai and SoundHound witnessing significant stock gains. Analysts predict the AI boom will continue, driven by advancements in natural language processing and generative AI models. However, concerns over AI’s ethical implications and potential risks linger, prompting calls for responsible development and regulation.