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Microsoft’s market cap hits record $2.6 trillion amid AI surge

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Tech giant becomes the third mega-cap technology firm to scale new heights this year driven by optimism over generative artificial intelligence

Microsoft ended at a record-high close on Thursday, becoming the third mega-cap technology firm after Nvidia and Apple to scale new heights this year as the software giant races to introduce generative artificial intelligence features into its suite of products and services.

The Windows software maker rose 3.2 per cent to $348.10 , surpassing a closing high dating from November 19, 2021.

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