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Microsoft has officially become the most valuable company in history

251 Views 0 Comments February 19 2024

Microsoft closed its last trade at a stock price of $420.55 and is now valued at $3.125 trillion, according to market data and cited by Barron's magazine. Apple currently has a market capitalization of $2.916 trillion.

With this account, Microsoft is now the first company in history whose market value has exceeded 3.1 trillion dollars. The Redmond giant is now considered the world's most valuable company throughout history, and it remains to be seen how long it will be able to maintain this title.

With the help of the artificial intelligence trend, the manufacturer of Windows managed to achieve significant growth in the technology market in the last year. The stock price of this company has grown by about 60% in the last 12 months, and the name of Microsoft is now associated with developments in this field. In addition, the company's close collaboration with OpenAI, the maker of the ChatGPT chatbot, has led to the implementation of artificial intelligence technologies in the company's various software.

Satya Nadella, the CEO of Microsoft, said at the same time as the company's latest financial report was published: "By implementing artificial intelligence in all layers of our technology stack, we are attracting new customers and helping to increase productivity and efficiency in all industries."

The company has now focused on implementing artificial intelligence capabilities in the Windows operating system, and it is likely to make major changes in this operating system with the Windows 11 24H2 update.

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