Google I/O 2025 was a massive high, with the unveiling of the first fully integrated AI operating system. The “Gemini OS” concept promised a world without standalone apps. However, NVIDIA faced a major low when a coalition of tech companies announced their own “Unified AI Chip” to reduce dependence on Jensen Huang’s hardware. This signaled a shift in power—software giants are no longer content being just customers; they want to control the silicon they run on.