Spending on AI has accelerated in recent months, as Wall Street anticipates global expenditures nearing half a trillion dollars by 2026.

The current largest company in the world is Nvidia ( NVDA 3.05%). It has a market cap of $4.5 trillion and has a decent lead over some of its big tech peers. Nvidia is the clear favorite to maintain its position as the world's largest company at the end of 2026, but Alphabet ( GOOG 1.29%) ( GOOGL 1.41%) is also a strong candidate.

Starcloud flew up the Nvidia H100 enterprise GPU on a test satellite on Nov. 2. Major players including SpaceX, Google, and Amazon founder Jeff Bezos have discussed doing the same.

Skild AI is developing a hardware-agnostic foundation model for robots that can be customized for various uses.

Both companies are growing their revenue at a faster than 60% year-over-year pace.

Oracle flagged new business from Meta and Nvidia in reporting a 438% increase in remaining performance obligations.

Donald Trump’s decision to allow Nvidia Corp. to sell advanced chips to China marks more than just a shift in US tech policy. It also raises questions about how far he’ll go to steady ties with Xi Jinping.

Nvidia remains the dominant AI chipmaker in the market, but where is the stock headed for the rest of this year and into the next?