Alphabet, the company behind Google, today showed an increase in the value of its daily traded shares, which saw the company reach $4 trillion. This made Alphabet the 4th company in the world to reach a market value of $4 trillion.
Previously, among the companies that have recorded a market value of $4 trillion are NVIDIA, Microsoft and Apple. However, recently, Alphabet's share value has risen sharply in line with their capabilities in the artificial intelligence arena, making Alphabet now the 2nd most valuable company in the world only behind NVIDIA.
Today's increase in share value coincides with the announcement of a collaboration between Google and Apple, where the Google Gemini-based model will be the basic model for Apple.
Google is now seen to have a strategic position and advantage in the artificial intelligence arena, from the ability to develop new models, access to data, infrastructure support and also support for chips developed in-house.
