How a company whose name you probably can’t pronounce is now worth more than Apple

It’s easy to grasp why Apple, Microsoft and Google are multitrillion-dollar companies: Just think about how many people around the world interact with the companies’ products and rely on them to go about their daily lives. But these multigenerational brand names are now trailing behind Nvidia, suddenly the most valuable public company in the world. The tech behemoth, whose launch into AI chipmaking sent its stock into the stratosphere is hardly a household name.

Chief among those: artificial intelligence applications. Still, the company remained relatively obscure to most investors and consumers — except for hardcore PC gamers. That all changed in November 2022, when OpenAI announced ChatGPT, permanently altering people’s understanding of AI’s capabilities. The app’s stunning ability to mimic human speech and perform complex tasks shook Silicon Valley and Wall Street.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Nvidia leapfrogs Apple, Microsoft to take crown as most valuable companyNvidia leapfrogs Apple, Microsoft to take crown as most valuable company
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Nvidia pushes out Apple, Microsoft to become world’s most valuable companyThe computer chipmaker’s stock market value rose to $3.3 trillion, surpassing Apple and Microsoft.
Fuente: washingtonpost - 🏆 95. / 72 Leer más »

Microsoft, Apple, and Nvidia in race to hit $4 trillion market capMicrosoft, Apple, and Nvidia in race to hit $4 trillion market cap - Wedbush
Fuente: Investingcom - 🏆 450. / 53 Leer más »