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Microsoft Overtakes Apple As Largest U.S. Company On AI Boost

via Tech Vision on Youtube
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Microsoft’s stock has surged, making it the world’s most valuable company, surpassing Apple.

The rise is attributed to its leadership in AI-related technologies and investment in OpenAI’s ChatGPT.

Investors believe AI adoption will help Microsoft challenge Google’s dominance. (Trending: Clintons Scramble To Delete Embarrassing Photo, But Were Too Slow)

Meanwhile, Apple has faced a decline due to concerns about its earnings and iPhone demand, potentially linked to a lack of a clear AI strategy.

Other tech giants like Nvidia are also experiencing stock value boosts due to the growing impact of AI across various industries.

“Currently, over 50% of all enterprises we recently surveyed see 20+ use cases for Generative AI and 80%+ of all enterprises see 10+ use cases including data analysis, marketing content creation, document editing/summarization, and many more to improve business operations, increase efficiencies, and create a more cost-effective capital structure with the benefits of using Generative AI becoming increasingly clear,” Wedbush analyst Dan Ives said.

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