
On Monday, Apple announced a notable new collaboration with Google — the AI iteration of Siri will now be fueled by Google Gemini. Shortly thereafter, Google reached a landmark that only a few other major tech companies have accomplished.
Specifically, Alphabet, Google’s parent company, became the fourth enterprise to attain a $4 trillion valuation in the stock market, joining Nvidia, Apple, and Microsoft, as reported by CNBC.
The other three firms accomplished this feat less than a year prior, reflecting a recent trend within the stock market. It’s essential to point out that Apple and Microsoft have since dipped below the $4 trillion level, indicating that Google could also potentially lose this position at any time.
What does four trillion dollars equate to?
If transformed into one-dollar bills and piled on a football field, the mound would stand approximately half a mile tall, comparable to the Burj Khalifa in Dubai. If stacked one atop the other, the height would surpass the moon thirteen times.
The announcement followed just hours after Google revealed a multi-year partnership with Apple, establishing Google’s Gemini AI model as the cornerstone for Apple’s forthcoming AI projects. According to CNBC, Alphabet’s shares increased by roughly 1 percent after the announcement, implying it served more as a final impetus rather than being the sole contributor that propelled Alphabet to $4 trillion.
Regardless, with Google’s persistent dominance in search and its growing AI and hardware initiatives, Alphabet seems to be flourishing.