AI-Powered Boost: Apple Surpasses Microsoft in Market Value

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Apple has surpassed Microsoft to become the most valuable public company in the United States, with a market cap of approximately $3.29 trillion. This surge followed announcements at Apple’s Worldwide Developers Conference, including new generative AI features for iPhones and a partnership with OpenAI, the creator of ChatGPT. While this collaboration promises to enhance Apple’s offerings, it has sparked criticism over potential privacy issues. Apple’s focus on AI aims to drive long-term growth in iPhone sales and services amid economic uncertainties and regulatory scrutiny in Washington.

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