Source: CryptoNewsNet
Original Title: Google Parent Alphabet Hits $4 Trillion Valuation After Apple AI Deal
Original Link:
Alphabet’s Class‑A shares surged to $334.04, briefly pushing the company’s market capitalization to $4 trillion, the highest ever for the Google parent. The rally follows a multi‑year agreement to base Apple’s next‑generation artificial intelligence (AI) models on Google’s Gemini platform and reflects renewed investor confidence in its AI‑driven growth strategy.
The milestone underscores Alphabet’s shift from a cloud‑centric turnaround to a broader AI leadership role, with Gemini‑3 garnering strong reviews and AI chip rentals expanding to external customers. The valuation boost is expected to sustain as AI services roll out in jurisdictions where they are permitted.
FAQs
What market value did Alphabet achieve? It hit a $4 trillion valuation.
Which AI model is central to Alphabet’s strategy? The next‑generation Gemini models.
How many companies have reached a $4 trillion market cap? Four, including Nvidia, Microsoft, Apple and Alphabet.
What was Alphabet’s share price at the peak? $334.04 per Class‑A share.
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Alphabet Hits $4 Trillion Valuation, Becomes Fourth Company to Reach Milestone
Source: CryptoNewsNet Original Title: Google Parent Alphabet Hits $4 Trillion Valuation After Apple AI Deal Original Link: Alphabet’s Class‑A shares surged to $334.04, briefly pushing the company’s market capitalization to $4 trillion, the highest ever for the Google parent. The rally follows a multi‑year agreement to base Apple’s next‑generation artificial intelligence (AI) models on Google’s Gemini platform and reflects renewed investor confidence in its AI‑driven growth strategy.
The milestone underscores Alphabet’s shift from a cloud‑centric turnaround to a broader AI leadership role, with Gemini‑3 garnering strong reviews and AI chip rentals expanding to external customers. The valuation boost is expected to sustain as AI services roll out in jurisdictions where they are permitted.
FAQs