In the last 12 months, the Nasdaq-100 Technology Sector Index has risen 55%, with much of that growth owed to Nvidia. The chipmaker's business exploded alongside a boom in AI. Its stock has climbed 234% since last April as AI chip demand has increased, leading to soaring earnings for the company.

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Tiger Global Management reduced its position in Nvidia in Q4 by nearly 13%. Nvidia still claims the No. 10 spot in the hedge fund's portfolio with a stake valued at roughly $480 million at the end of 2023. However, Coleman is taking some of his profits off the table with the stock after making big gains.

You might have experimented with ChatGPT or some of the other large language models, which are part of a new frontier where artificial intelligence (AI) changes the world around us. Is this a new reality or a fad?

At its core, AI involves the development of software and systems capable of performing tasks that traditionally required human intelligence. What sets AI apart is its ability to learn and adapt autonomously,