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.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Nvidia leapfrogs Apple, Microsoft to take crown as most valuable companyNvidia leapfrogs Apple, Microsoft to take crown as most valuable company
Bron: Investingcom - 🏆 450. / 53 Lees verder »

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.
Bron: washingtonpost - 🏆 95. / 72 Lees verder »

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