For decades Apple [NASDAQ:AAPL] has seemed unassailable, the iPhone maker that no rival could touch. But even former chief executive John Sculley now concedes that the crown may slip.
OpenAI, he recently suggested, represents Apple’s “first real competitor” in decades, a sign that the balance of power in global technology is beginning to shift. Artificial intelligence, once a peripheral curiosity, is becoming the axis around which the world’s corporate hierarchy turns.
- Intangible assets reaching record valuation levels, says Brand Finance
- Japan: New leader, new look, new stock tip
- Dotdigital reports steady growth and AI-driven momentum
A new analysis from a financial research platform projects which of today’s trillion-dollar companies will climb next to the $4 trillion and $5 trillion milestones. Using data from CompaniesMarketCap.com and historical growth rates since 2022, the researchers extrapolate future valuations for the world’s 20 most valuable firms.
The exercise is speculative but illuminating. It shows how the locus of value creation is tilting, from smartphones and search engines toward chips, data centres and the infrastructure that powers the AI boom.
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