Tech Titans Cross $10 Trillion Mark, Powered by Generative AI Investments
January 21, 2024
Tech giants Microsoft, Apple, Google, Amazon, and Nvidia have all surpassed a $1 trillion valuation, collectively exceeding $10 trillion due to investments and advancements in generative AI.
Microsoft is currently the most valuable tech giant at $2.88 trillion, followed closely by Apple at $2.81 trillion.
Microsoft's high valuation is linked to its investments in OpenAI and integration of large language models like GPT-4 into its products.
Apple is rumored to be developing its own generative AI, while Google has launched its Gemini AI series.
Amazon has incorporated generative AI into its services, particularly in advertising and e-commerce.
Nvidia's components, the H200 and H100, are in high demand for generative AI applications, contributing to its $1.38 trillion valuation.
Meta, formerly known as Facebook, pivoted to AI after its metaverse bet failed, with a current valuation of $937.85 billion.
The future of Meta's AI ventures and its potential to catch up to competitors remains uncertain.
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