Microsoft, which stands out with its investments in artificial intelligence, saw a growth in its shares after an event it organized the other day. Microsoft’s market value rose to the level of 154 billion dollars in just one day. After this situation, the value of the company $2.7 trillion reached a historic point.
Microsoft shares up 50% in one year
Microsoft, Office 365 announced that it will offer Copilot support for its platform. Users per month 30 dollars GPT-4 supported under a subscription to Copilot can access. Other artificial intelligence developments, especially this news, increased the shares of the company to $ 366. This resulted in a valuation of $154 billion in one day.
Shares of the tech giant experienced an impressive 6 percent increase in the past day. This means that the stock has reached an all-time high. It is possible to say that it is currently around 360 dollars.
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The company that uses the artificial intelligence trend the most seems to be Microsoft. This increase in shares showed that the company increased its market capitalization gain to 885 billion dollars in the last year. In addition, stocks appreciated 50 percent in this period.
The rise of artificial intelligence is also having a significant impact on the way businesses operate. For example, AI powered chatbots are now used to answer customers’ questions and provide support. Artificial intelligence supported algorithms are preferred to optimize supply chains and make better investment decisions.
Microsoft isn’t the only tech giant taking advantage of the artificial intelligence boom. The market values of other technology companies such as Alphabet, Amazon and Nvidia have also increased in recent months. This shows that investors are increasingly bullish on the long-term prospects of AI.
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