The cadence of AI progress right is set by OpenAI and their releases of new ChatGPT models.
I believe this a temporary phenomena as hyperscalers, sovereign nations, and even large corporates abandon the closed-architecture of OpenAI with Nvidia GPUs.
The future is open sourced hardware (TPUs) and software (Gemini) and $GOOGL has shown itself to be at the forefront of this evolution.
Ironically, the CUDA moat that made $NVDA famous will likely lead to its toppling (AMD ROCm is getting good enough).