Microsoft has officially surpassed Apple to become the most valuable publicly traded company in the world. This long-anticipated shift holds symbolic significance for both companies.
Microsoft’s increase in value is mainly attributed to investments in generative artificial intelligence. The company is a shareholder in OpenAI, responsible for creating the renowned ChatGPT platform. Additionally, Microsoft is developing its own AI assistant, known as Microsoft Copilot, which is currently being integrated into the Windows 11 operating system.
On Thursday, Microsoft’s stocks rose by 0.5%, resulting in a market capitalization of $2.859 trillion. At the same time, Apple’s stocks experienced a 0.3% decrease, leading to a valuation below $3 trillion, at $2.886 trillion.
Analysts explain that it was inevitable for Microsoft to surpass Apple. Microsoft is growing faster and better leveraging the potential of generative artificial intelligence. This shift holds significant implications for the entire technology industry.
FAQ:
What investments contributed to Microsoft’s increase in value?
Microsoft gained value through investments in generative artificial intelligence and as a shareholder of OpenAI, the creator of the ChatGPT platform.
What is Microsoft Copilot?
Microsoft Copilot is Microsoft’s own AI assistant, currently being integrated into the Windows 11 operating system.
What are the consequences of this shift between Microsoft and Apple?
This shift holds symbolic significance for both companies and the technology industry as a whole. It indicates that Microsoft is growing faster and better leveraging the potential of generative artificial intelligence.
Source: [Link](https://www.reuters.com/business/microsoft-overtakes-apple-worlds-most-valuable-public-company-2022-01-13/)
The source of the article is from the blog bitperfect.pe