November 5, 2024: Nvidia Surpasses Apple as Worlds Largest Company - Nvidia has overtaken Apple to become the worlds largest company by market capitalization, valued at $3.43 trillion, amid a global surge in AI demand. This remarkable growth, an 850% increase since late 2022, underscores Nvidias critical role in AI technologies and large language models. Apple, currently valued at $3.38 trillion, recently launched its generative AI product, Apple Intelligence. Meanwhile, OpenAI has reportedly been collaborating with Broadcom to develop proprietary systems, highlighting the competitive landscape in the AI sector. This marks another occasion where Nvidia has temporarily surpassed Apple in market value.
