New York: Alphabet became one of the world’s most valuable companies on Monday after its market value crossed four trillion dollars, driven by renewed confidence in its artificial intelligence strategy and strong growth in its cloud business.
Shares of the Google parent rose sharply in early trading, extending gains made over the past year. Investors have responded positively to Alphabet’s clearer focus on turning artificial intelligence into real business growth, after earlier concerns that it was falling behind rivals.
Much of the optimism is linked to the rapid expansion of Google Cloud, which has reported strong demand from companies adopting AI tools. Alphabet has also benefited from growing interest in its Gemini family of AI models, which are now being used across search, cloud services and consumer products.
Market sentiment received another boost after reports of a major AI partnership with Apple, which is expected to use Google’s Gemini models to power parts of its next generation digital assistant. Analysts say the deal highlights rising trust in Alphabet’s AI technology and gives it access to a vast global user base.
Alphabet’s stock has surged over the past year, outperforming many other big technology firms. The rally has placed the company alongside a small group of tech giants that have reached the four trillion dollar valuation milestone, reflecting the central role of artificial intelligence in shaping future growth.
Despite the enthusiasm, some analysts have urged caution, noting that high valuations leave little room for disappointment if earnings or AI adoption slow. Competition in the AI space also remains intense, with rivals investing heavily in chips, data centers and new models.
For now, Alphabet’s milestone is being seen as a clear sign that investor confidence has returned, with artificial intelligence once again at the center of the company’s long term story.