Alphabet Overtakes Apple as Most Valuable Company Amid Google's AI Surge

• Alphabet's market capitalization reached $3.88 trillion, surpassing Apple's $3.84 trillion, marking the first time since 2019.
• Google's AI advancements, particularly the Gemini platform and its image generation feature Nano Banana, are key drivers of this growth.
• Gemini app's success, including surpassing OpenAI's ChatGPT in App Store rankings, highlights Google's renewed AI dominance.
• Google's hardware progress with Ironwood TPUs and securing Meta as a customer has impacted competitors like Nvidia.
• Expanding strength in Google Cloud and leadership in autonomous driving through Waymo further contribute to Alphabet's rise.

Why It Matters: Google's AI and cloud computing surge propelled Alphabet past Apple as the world's most valuable company.