Microsoft Reaches Market Value of USD 3 Trillion, Investment in AI Helping Company

Microsoft Reaches Market Value of USD 3 Trillion, Investment in AI Helping Company

The market value of Microsoft, which is among the big software companies, has exceeded three trillion dollars. It has retained its position as the world’s second most valued company. American devices maker Apple ranks first in terms of value in the stock market.

Since the beginning of this year, Apple and Microsoft There is competition among the shares for the first place in market capitalization. Earlier this month, Microsoft’s market capitalization overtook that of iPhone maker Apple for the first time in two years. This made it the most valuable company in the world. However, after this Apple regained its top position. Microsoft’s share price rose 1.7 percent to a record high of $405.63 on Wednesday. With this, the market capitalization of the company had crossed three trillion dollars. However, after this there was some decline in the share price of the company. Apple is facing difficulties in big markets like China. In China, government agencies have imposed restrictions on employees regarding the use of Apple devices.

Microsoft’s stock has increased in the last few days. Last year, Microsoft’s stock took a big step in generative artificial intelligence by investing in ChatGPT maker OpenAI. Microsoft has a big investment in OpenAI, which developed ChatGPT.

Generative AI trained on large amounts of data can create new content in a human-like manner. With this, science related assignments can be completed and novels can also be written. However, Generative AI also has several disadvantages. By using it, cases of fraud are taking place and fake videos are also being made. Because of this, regulators in many countries are preparing to take strict action regarding this. The European Union has revised its AI Act and the US has started efforts for AI regulation. Cases of fraud have increased due to the use of generative AI in India. For this reason there is a demand to control it.

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Also read:
Software, Demand, Microsoft, Value, Market, Shares, IPhone, Investment, Smartphone, OpenAI, Price

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