Facebook Twitter LinkedIn RSS
    Trending
    • NCSC 2025: CSEAN received the cybersecurity research excellence award
    • GEFAS unveils new office to deepen digital engagement for Anambra people
    • Telecom operators raise alarm over soaring theft of critical infrastructure
    • NCC introduces framework for agile and forward-looking authorization processes
    • NDPC and Meta legal battle continues over $32.8 million data privacy sanction
    • Galaxy Backbone remains strategic partner in civil service digitalisation reforms – Walson-Jack
    • Konga launches exclusive 30-day Starlink promo and free nationwide delivery
    • Pre-orders Samsung Galaxy Z Fold7 and Flip7 Series on Konga
    Facebook Twitter LinkedIn
    ITPulse.com.ngITPulse.com.ng
    • News
    • Interviews
    • Blogs
    • Analysis
    • Opinion
    • Videos
    • Press Releases
    • Pictures
    • Advertise
    ITPulse.com.ngITPulse.com.ng
    Home»News»AI boom inflates top 10 companies’ market cap by $8.7 tn since ChatGPT debut
    News 2 Mins Read

    AI boom inflates top 10 companies’ market cap by $8.7 tn since ChatGPT debut

    mmBy ITPulseJanuary 9, 2025135 Views
    Facebook Twitter WhatsApp Pinterest LinkedIn Reddit Tumblr Email
    AI
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Since the public release of ChatGPT in late 2022, artificial intelligence (AI) has been a primary driver of significant stock market gains for leading companies.

    Research by Finbold reveals that the market capitalization of the 10 largest AI companies has skyrocketed by over $8.7 trillion in less than two years, surging from $7.2 trillion to a current valuation of $16 trillion.

    Semiconductor giant Nvidia (NVDA) has been a major beneficiary of this technological advancement, experiencing a $3 trillion surge in valuation and solidifying its position as the world’s second-largest company.

    Potential Risks of the AI Boom

    This rapid expansion, coupled with an increased focus on big tech, may have unintended consequences. Andreja Stojanovic, a co-author of the research, cautioned, “Last year witnessed a substantial concentration of value within a limited number of American companies, significantly outperforming the broader market. While AI was the dominant narrative of 2024, the tech sector as a whole experienced substantial growth. Finbold research indicates that the 10 largest tech firms collectively grew by $6.6 trillion within a year.”

    Apple, Nvidia, and Microsoft together account for a substantial 62% of the total valuation of top AI firms. Furthermore, the combined market capitalization of the 10 largest AI companies represents a significant portion of the overall U.S. stock market, raising concerns about potential systemic risks.

    AI ChatGPT
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    mm
    ITPulse
    • Website
    • Facebook
    • Twitter
    • LinkedIn

    ITPulse is a wholly information technology communication (ICT) news website, with a special focus on the African continent. The website provides up-to-date biz-tech news, analysis and comprehensive and thorough insight into the continent's ICT terrain

    Related Posts

    NCSC 2025: CSEAN received the cybersecurity research excellence award

    July 19, 2025

    GEFAS unveils new office to deepen digital engagement for Anambra people

    July 19, 2025

    Telecom operators raise alarm over soaring theft of critical infrastructure

    July 17, 2025

    Leave A Reply Cancel Reply

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Latest Posts

    NCSC 2025: CSEAN received the cybersecurity research excellence award

    July 19, 2025

    GEFAS unveils new office to deepen digital engagement for Anambra people

    July 19, 2025

    Telecom operators raise alarm over soaring theft of critical infrastructure

    July 17, 2025
    About
    About

    Itpulse.com.ng is a wholly information technology communication (ICT) news website, with special focus on the African continent. The website provides up-to-date biz-tech news, analysis and a comprehensive and thorough insight info the continent's ICT terrain.

    Contact us: editorial@itpulse.com.ng

    Facebook Twitter LinkedIn RSS
    Latest Posts

    NCSC 2025: CSEAN received the cybersecurity research excellence award

    July 19, 2025

    GEFAS unveils new office to deepen digital engagement for Anambra people

    July 19, 2025

    Telecom operators raise alarm over soaring theft of critical infrastructure

    July 17, 2025
    Popular Posts

    GEFAS unveils new office to deepen digital engagement for Anambra people

    July 19, 2025

    Why trust is the real currency in Nigeria’s digital asset market – By Emelia Sunday-Edet

    July 16, 2025

    NEWMARK partners PRGN to host World PR Day event in Lagos

    July 15, 2025
    © 2017 - 2025 Itpulse. Designed by Max Excellence.
    • Terms & Conditions
    • Privacy Policy
    • Advertise
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.