Nvidia just became the world’s largest company amid AI boom
46 sec read Nvidia on Tuesday exceeded Apple’s market capitalization to become the world’s largest company, on the strength of a global AI push. As Bloomberg notes, the chipmaker has experienced an astronomical 850% growth since the tail end of 2022. November 06, 2024 09:14
Nvidia was valued at $3.43 trillion at the close of market, topping Apple’s $3.38 trillion. This isn’t the first time the two have swapped places; Nvidia also pushed past Apple in June, though it only held the top spot for a day.
Apple recently launched its own small model generative AI offering, Apple Intelligence. Nvidia, on the other hand, remains a foundational piece of the world’s top large language models — for now. At the end of October, Reuters reported that ChatGPT-maker OpenAI has been working with Broadcom on its own proprietary systems.
User Comments (0)
No comments added yet.
Comments will not be approved to be posted if they are SPAM, abusive, off-topic, use profanity, contain a personal attack, or promote hate of any kind.
More »
Editor's Choice
Vsub
Create Studio
ChatGPTOpenAI
Midjourney
Writesonic
Jasper
Hitpaw
Fliki
LALAL.AI
10Web
