5 Biggest Publicly Traded AI Companies in the World

2. Apple Inc. (NASDAQ:AAPL)

Market Capitalization as of May 8, 2024: $2.80 Trillion

Apple Inc. (NASDAQ:AAPL) is one of the biggest AI companies in the world. On May 7, Reuters reported that the company just launched a new AI chip for its 11-inch iPad priced at $1,000 and its 13-inch iPad priced at $1,300. The iPad has an M4 chip with a neural engine supporting the computing required by AI features. On May 6, the Wall Street Journal reported that Apple Inc. (NASDAQ:AAPL) has been working to produce its own chip capable of running artificial intelligence software in data center servers. The company is also at the forefront of acquiring AI startups. In March this year, the company acquired Darwin AI, a Canadian AI startup to expand its AI division. Here are some comments from the company’s Q2 2024 earnings call:

“We continue to feel very bullish about our opportunity in Generative AI. We are making significant investments, and we’re looking forward to sharing some very exciting things with our customers soon. We believe in the transformative power and promise of AI, and we believe we have advantages that will differentiate us in this new era, including Apple’s unique combination of seamless hardware, software and services integration, groundbreaking Apple’s silicon, with our industry-leading neural engines and our unwavering focus on privacy, which underpins everything we create.”