The world's largest tech giants have ballooned in valuations to more than $1 trillion, thanks in part to investments and advancements in generative AI, for a combined valuation of more than $10 trillion.
But this isn't good news for everyone. Meta just pivoted to AI after a failed bet on the Metaverse, but he's still short of $1 trillion. Specifically, he is worth $937.85 billion as of this writing.
According to the latest market capitalization statistics from Google Finance, these companies, including Microsoft, Apple, Google, Amazon, and Nvidia, are all worth more than $1 trillion, but before Apple became Silicon Valley's first giant, It was so rare that it couldn't happen. Break through this threshold in 2018.
AI boom
Apple is also the world's First $2 Trillion American Companyand the country first 3 trillion dollar company, but it's currently valued at $2.81 trillion, just behind Microsoft. Although it has not yet announced specific AI integrations, Apple has long been rumored to be working on generative AI ahead of incorporating it into its products later this year.
Microsoft is currently the most valuable tech giant, valued at $2.88 trillion. Part of the reason for this is large investments in OpenAI and the integration of large-scale language models (LLMs) such as GPT-4 into a wide range of products and services. From Windows 11 operating system to MS Paint app.
Google, which is valued at $1.77 trillion, also recently launched its Gemini AI series. This includes an on-device version known as Gemini Nano that is expected to arrive on Pixel 8 Pro smartphones. This follows Google Bard's unsuccessful first foray into AI.
Beyond its dominance in many areas, Amazon owes its $1.56 valuation in part to its incorporation of generative AI into its advertising and e-commerce focused services.
Meanwhile, we all know how important a role Nvidia has played in the recent explosion of interest in generative AI. Its components including H200 and H100 are among the best graphics cards and are coveted by a wide range of companies looking to get into this graphics card. This boosts the company's valuation to $1.38 trillion.
When it comes to Meta, while the rest of the tech industry has focused on generative AI, the Metaverse has been going all-in. I recently stepped into this area. – Finishing 20 different tests on how technology can improve our services. Better late than never, but it remains to be seen whether these tools and services will elevate the company's reputation to the level enjoyed by its contemporaries.
