AI expands the trillion-dollar club
The AI wave is sending some companies sky-high. Nvidia managed to become the most valuable of all, but has already been overtaken again by Microsoft and Apple, both in the European Commission’s sights.
Nothing reflects the enthusiasm surrounding artificial intelligence (AI) better than the stock market.
On the other side of the Atlantic, last week, Nvidia was, for a few moments, the most valuable listed company in the world. The company makes components essential for training the new generative AI models and its shares have already climbed 158% since the start of the year.
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AI translation from the Portuguese. First published in ECO on 27 June 2024.